Rafael Oliveira, CEO of KDP's coffee operating unit and its future Global Coffee Co. [Photo: Globe Newswire]
After an integration period, KDP plans to separate into two independent, U.S.-listed publicly traded companies, creating a Frisco-based Beverage Co. and a Global Coffee Co., based in Burlington, Massachusetts, with international headquarters in Amsterdam, the Netherlands. Rafael Oliveira will be CEO of the future Global Coffee Co. and Keurig Dr Pepper CEO Tim Cofer will serve as CEO of the future Beverage Co.