Keurig Dr Pepper (NASDAQ: KDP) announced that Anthony DiSilvestro will become its Chief Financial Officer, effective immediately. DiSilvestro brings more than four decades of finance and operations experience, having served as CFO of Mattel from June 2020 to May 2025 and as CFO of Campbell Soup from May 2014 to September 2019.
DiSilvestro’s background in large‑scale M&A and financial restructuring aligns closely with KDP’s current strategic priorities. The company is in the midst of integrating the nearly $18 billion acquisition of JDE Peet’s and preparing for a planned split into a U.S. beverages business and a coffee business. Tim Cofer, KDP’s CEO, said DiSilvestro is a “natural fit” who will leverage his M&A expertise to guide the integration and help create two focused, high‑growth companies.
KDP’s most recent quarterly results, released in October 2025, showed strong momentum. Net sales rose 10.7% to $4.3 billion, and adjusted diluted earnings per share increased 5.9% to $0.54. The company raised its full‑year 2025 constant‑currency net sales outlook to a high‑single‑digit range and reaffirmed its EPS guidance, reflecting confidence in continued demand and cost discipline. DiSilvestro’s appointment is expected to reinforce that confidence and support the company’s financial execution during the transition.
CEO Tim Cofer emphasized that DiSilvestro’s experience will be “crucial” for sustaining KDP’s base‑business momentum while drawing on his M&A background to facilitate the successful integration of JDE Peet’s and the eventual creation of two winning companies. DiSilvestro echoed this sentiment, expressing excitement to “drive attractive results and help navigate this pivotal period for our company.”
The departure of former CFO Sudhanshu Priyadarshi, who will remain as a strategic advisor until April 7 2026, marks the end of an era of steady financial stewardship. Priyadarshi’s continued advisory role will provide continuity as the new CFO takes the helm.
With DiSilvestro’s appointment, KDP signals a commitment to disciplined financial management and strategic execution amid a period of significant corporate change. The new CFO’s track record in cost optimization and integration will be key to maintaining profitability while the company navigates the split and continues to pursue growth opportunities in both the U.S. beverage and coffee markets.
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