Key Points:
- Keurig Dr Pepper has named Anthony DiSilvestro, a former Mattel executive, as its new CFO amid preparations to finalize the JDE Peet’s acquisition and split into two separate beverage companies.
- DiSilvestro’s extensive M&A experience will be instrumental in overseeing the Peet’s integration and the planned division of the business into independent entities.
- Former CFO Sudhanshu Priyadarshi will continue in an advisory role until April 7, 2026, subsequently departing as per the company’s reorganization plans.
Insight Highlights:
DiSilvestro assumes his CFO role at a critical juncture for Keurig Dr Pepper, marked by investor concerns surrounding the proposed separation of its coffee and beverage segments into distinct companies.
Despite initial valuation declines following the split announcement, the company secured $7 billion from private equity firms to support the $18 billion deal, expected to conclude in the first half of 2026.
Additional leadership changes include George Lagoudakis appointed as deputy CFO and Jane Gelfand assuming an expanded role overseeing strategic finance and transaction management.
DiSilvestro’s track record at Mattel and Campbell Soup Company reflects his ability to drive financial modernization, facilitate major transactions, and enhance corporate performance across the food and beverage industry.
CEO Tim Cofer expressed confidence in DiSilvestro’s aptitude for navigating KDP’s evolving landscape and spearheading the successful integration of JDE Peet’s into two thriving entities.