Keurig Dr Pepper Names Russ Torres Chief Executive Officer of Future Global Coffee Co.
PR Newswire•01/10/2026•07:00 ET
3
Key Highlights
- ➤Russ Torres joins Keurig Dr Pepper (KDP) November 3, 2026
- ➤Torres named CEO of future Global Coffee Co. after planned separation
- ➤Torres will lead integration of KDP and JDE Peet's coffee operations
- ➤Global Coffee Co. targets separation in early 2027
- ➤Global Coffee Co. projected to generate approximately $16 billion annual revenue
Expert Statements
Pamela Patsley, KDP Board Chairman
“Russ is a proven leader with extensive experience building consumer brands, guiding global organizations through complex change, and delivering consistent results with high performing teams. That is precisely what Global Coffee Co. requires.”
Pamela Patsley, KDP Board Chairman
“Following a rigorous global search against a demanding set of criteria, Russ emerged as the clear choice. I look forward to partnering with Russ to establish Global Coffee Co. as the world's largest pure play coffee powerhouse.”
Tim Cofer, Chief Executive Officer of KDP
“Russ brings the right combination of commercial drive, brand-building pedigree, and operational discipline needed to stand up Global Coffee Co. for long-term growth.”
Tim Cofer, Chief Executive Officer of KDP
“Our base business is healthy, integration and deleveraging work is on plan, and Russ joins with meaningful runway to engage our teams, drive synergy realization, and shape strategy well ahead of separation.”
Tim Cofer, Chief Executive Officer of KDP
“He has spent his career accelerating growth across major global portfolios while executing large-scale transformations, and I am thrilled to welcome him to the organization.”
Russ Torres, Chief Executive Officer of the future Global Coffee Co.
“This is an extraordinary opportunity to build the company that will shape the future of coffee.”
Russ Torres, Chief Executive Officer of the future Global Coffee Co.
“Coffee is one of the most exciting and resilient categories in consumer goods today.”
Russ Torres, Chief Executive Officer of the future Global Coffee Co.
“With the remarkable talent across this business and powerhouse brands like Keurig®, Peet's®, L'OR®, Jacobs® and Green Mountain Coffee Roasters®, Global Coffee Co. is uniquely positioned to drive growth, deliver game-changing innovations, and delight consumers around the world.”
Russ Torres, Chief Executive Officer of the future Global Coffee Co.
“I am looking forward to working with the team to create real value in a category people love.”
Keurig Dr Pepper Names Russ Torres Chief Executive Officer of Future Global Coffee Co. PR Newswire
BURLINGTON, Mass. and FRISCO, Texas and AMSTERDAM, Oct. 1, 2026
Get started
Create a free account to read the full story.