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Stock impact report

Keurig Dr Pepper names former Mondelez executive Tim Cofer as CEO [Reuters]

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: Reuters
Cofer will join the Texas-based soda maker as its chief operating officer on Nov. 6 and will report to Gamgort, before taking on the CEO role in the second quarter of 2024. Gamgort will transition to being the company's executive chairman. Cofer, who currently leads garden and pet supplies firm Central Garden & Pet Co, has previously held executive roles at Oreo cookies maker Mondelez International and Kraft Foods. Keurig Dr Pepper in November last year reappointed Gamgort as its top boss after then CEO Ozan Dokmecioglu resigned following a code of conduct violation. The company in July beat Wall Street estimates for quarterly results and forecast higher annual sales, on the back of multiple rounds of price hikes. (Reporting by Deborah Sophia in Bengaluru; Editing by Shounak Dasgupta) Show less Read more
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