Keurig Dr Pepper Inc. announced that its Board of Directors has appointed Russ Torres as Chief Executive Officer of the Company’s Coffee Operating Unit and future CEO of Global Coffee Co., a standalone entity resulting from the planned separation of KDP's coffee and beverage businesses. Torres, currently President and COO at Kimberly-Clark Corporation, will join KDP on November 3, 2026, reporting to current CEO Tim Cofer, who will lead Beverage Co. following the split targeted for early 2027. Upon separation, Global Coffee Co. is expected to generate approximately $16 billion in annual revenue and employ over 25,000 people. Keurig Dr Pepper Inc. operates as a leading beverage company with more than 150 owned, licensed, and partner brands.
