Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Bob Gamgort"


6 mentions found


The results are the latest evidence that consumer companies have been largely able to pass on higher prices to retailers and shoppers. Keurig Dr Pepper posted second-quarter revenue of $3.79 billion, topping estimates of $3.69 billion, according to Refinitiv data. The company said it expects full-year 2023 net sales growth of 5% to 6%, compared with the previous forecast of a 5% growth. It reiterated its forecast for adjusted earnings per share growth of 6% to 7%. Excluding items, the company reported a profit of 42 cents per share, compared estimates of 40 cents.
Persons: Pepper, Pepper's, Dr Pepper, Bob Gamgort, Aatrayee Chatterjee, Sriraj Organizations: Pepper Inc, Thomson Locations: U.S, Texas, Bengaluru
Keurig Dr Pepper CEO quits after code of conduct violation
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: 1 min
Nov 10 (Reuters) - Keurig Dr Pepper Inc (KDP.O) said on Thursday Chief Executive Ozan Dokmecioglu has resigned from his role on account of violations of the soda maker's code of conduct. The company said it has reappointed former CEO Bob Gamgort who is currently the executive chairman. Dokmecioglu, who had succeeded Gamgort in April, agreed to resign due to violations that were not related to strategy, operations or financial reporting. Prior to becoming the CEO, Dokmecioglu was the finance chief at Keurig. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
Keurig Dr Pepper didn’t disclose details of the violations by Ozan Dokmecioglu but said they were unrelated to the company’s strategy, operations or financial reporting. Keurig Dr Pepper Inc. said Ozan Dokmecioglu , who took the helm of the beverage maker at the end of July, has resigned as president, chief executive and a board member over violations of the company’s code of conduct. The Burlington, Mass., company said Bob Gamgort , who has been serving as executive chairman since handing the reins to Mr. Dokmecioglu, has reassumed the CEO post.
Keurig Dr Pepper CEO resigns after code of conduct violation
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: +1 min
Nov 10 (Reuters) - Keurig Dr Pepper Inc (KDP.O) said on Thursday Chief Executive Ozan Dokmecioglu has resigned from his role on account of violations of the soda maker's code of conduct. The company said it has reappointed former CEO Bob Gamgort, who is currently the executive chairman. Keurig did not offer any comment beyond the statement when Reuters reached out to seek more details on the violations. Prior to taking the top role at Keurig, Dokmecioglu was its finance chief. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Arun Koyyur and Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Keurig Dr Pepper announced Thursday that CEO Ozan Dokmecioglu agreed to resign after violating the company's code of conduct, less than four months into the job. Keurig Dr Pepper's board reappointed Bob Gamgort, chairman and former CEO, as chief executive. Keurig Dr Pepper's stock has risen 3% this year, increasing its market value to $54.4 billion. Prior to becoming CEO, Dokmecioglu served as chief financial officer for the company, helping Keurig Green Mountain go private in 2016 and with its merger with Dr Pepper Snapple in 2018. Its subsidiary Maple Holdings still holds a 33% stake in Keurig Dr Pepper.
Keurig Dr Pepper Poaches Vista Outdoor Finance Chief
  + stars: | 2022-10-24 | by ( Colin Kellaher | ) www.wsj.com   time to read: +1 min
Keurig Dr Pepper Inc. on Monday said it named Sudhanshu Priyadarshi chief financial officer, effective Nov. 14, plucking the executive from Vista Outdoor Inc.Keurig’s previous finance chief, Ozan Dokmecioglu, earlier the year succeeded Bob Gamgort as chief executive, and the Burlington, Mass., beverage company had said it was looking to recruit a new chief financial officer. Vista said Mr. Priyadarshi, who joined the Anoka, Minn., maker of sporting and outdoor products as chief financial officer in April 2020, will continue to fulfill his duties until his departure, including the release of the company’s fiscal second-quarter results. Vista said it has launched a formal search for a successor to Mr. Priyadarshi, adding that Andrew Keegan, currently vice president of finance and treasury, will serve as interim finance chief. Keurig said Mr. Priyadarshi, 45 years old, will receive an annual base salary of $850,000 and will be eligible for an annual bonus with a target of 80% of his base pay. Write to Colin Kellaher at Colin.Kellaher@wsj.comCopyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.
Total: 6