Keurig Dr Pepper Inc. (NASDAQ: KDP) today announced that its Board of Directors has named Russ Torres as Chief Executive Officer of the future Global Coffee Co. Torres will join KDP on November 3, 2026, and serve as Chief Executive Officer of the Company's Coffee Operating Unit prior to separation, during which time he will lead the integration of KDP's and JDE Peet's coffee operations. He will report to KDP Chief Executive Officer Tim Cofer, who will become Chief Executive Officer of Beverage Co. following separation. Torres will also serve as a member of the future Global Coffee Co. Board of Directors upon the Company's planned separation, targeted for early 2027.