Former JDE Peet’s CEO Rafael Oliveira had previously agreed to take on the role, but joined Dutch beer giant Heineken in July 2026
US beverage group Keurig Dr Pepper (KDP) has named new leadership for its Global Coffee Co spinoff, three months after its first choice for the role left the business.
As part of its $18bn acquisition of JDE Peet’s, KDP is planning to split into two US-listed companies, Global Coffee Co and Beverage Co, to manage its sizeable coffee and soft beverages portfolios as standalone listed businesses. The separation is expected to take place in the first quarter of 2027.
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