Keurig Dr Pepper names third CEO for coffee spinoff

· Agriculture & Food · United States

Keurig Dr Pepper appointed Kimberly-Clark executive Russ Torres to lead its coffee spinout, the third person named to the role. The previous pick, Rafael Oliveira, left the company to lead Heineken.

Why it matters：Leadership churn at a major beverage spinoff can delay separation timelines and unsettle investors weighing the coffee unit's standalone prospects.

Key points

  • Russ Torres comes from Kimberly-Clark.
  • Rafael Oliveira left to lead Heineken.
  • It is the third CEO appointment for the spinout.

Sources (original reporting)

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