Tim Cofer

Keurig Dr Pepper Closes $18B JDE Peet’s Acquisition, Names CEO of Future Global Coffee Co.

by | Apr 1, 2026
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.
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Keurig Dr Pepper Names Former Mattel and Campbell’s Soup Exec as Its New CFO
by | Dec 1, 2025
Anthony DiSilvestro joins KDP at a pivotal moment as it moves to close its $18 billion acquisition of Netherlands-based JDE Peet's. His "significant" M&A experience will advance the combined company's integration and its ultimate split into two "winning companies," CEO Tim Cofer said.
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Keurig Dr Pepper’s $18B JDE Peet’s Acquisition Means Big Changes for Frisco HQ
by | Aug 26, 2025
The mega-deal will combine two global coffee brands and create two separate entities—a standalone beverage company headquartered in Frisco and the world's largest pure-play coffee company based in Burlington, Massachusetts and Amsterdam, the Netherlands.
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Keurig Dr Pepper Evolves Its C‑Suite to Support Growth Plan
by | Jan 16, 2025
"We've been intentional about building a deep bench of talent, and we are fortunate to have leaders who are seasoned, forward-thinking and ready to step into these critical roles," CEO Tim Cofer said of the three C-suite moves.
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Keurig Dr Pepper Appoints Veteran CPG Exec as COO, Says He’ll Assume CEO Role in Q2 2024

by | Sep 22, 2023
The company, with headquarters in Frisco and Burlington, Massachusetts, said Tim Cofer will join KDP on Nov. 6 and will work alongside current Chairman and CEO Bob Gamgort while in a COO capacity, with a planned transition to CEO in the second quarter of 2024.

After the transition, Gamgort will become executive chairman of Keurig Dr Pepper.
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