By Colin Kellaher


Keurig Dr Pepper Inc. on Thursday said Ozan Dokmecioglu, who took the helm of the beverage maker at the end of July, has resigned as president, chief executive and a board member over violations of the company's code of conduct.

The Burlington, Mass., company said Bob Gamgort, who has been serving as executive chairman since handing the reins to Mr. Dokmecioglu, has reassumed the CEO post.

Keurig didn't disclose details of the violations by Mr. Dokmecioglu but said they were unrelated to the company's strategy, operations or financial reporting.

"Every employee, without exception, is accountable for knowing and following" the company's code of conduct, Keurig's lead director, Paul Michaels, said.

Mr. Dokmecioglu had been serving as Keurig's chief financial officer and president of its international operations before he was tapped to succeed the 60-year-old Mr. Gamgort, who had been CEO since the 2018 union of Keurig Green Mountain and Dr Pepper Snapple.

Keurig said Mr. Gamgort, 60 years old, would also continue to serve as executive chairman, adding that Mr. Dokmecioglu's departure reduces the size of its board to 11 members.


Write to Colin Kellaher at colin.kellaher@wsj.com


(END) Dow Jones Newswires

11-10-22 0913ET