On November 9, 2022, the Board of Directors of Keurig Dr Pepper Inc. accepted the resignation of Ozan Dokmecioglu as President and as a director of the Company, effective immediately, and the Board appointed Robert Gamgort, the Company's current Executive Chairman and former President and Chief Executive Officer, to serve as President. Mr. Gamgort will continue to serve as Executive Chairman. Accordingly, the Board reduced its size to eleven (11) members.

Mr. Gamgort, 60, has served as Executive Chairman of the Company since January 2019 and served as President and Chief Executive Officer of the Company from July 2018 to July 2022. Prior to the merger between Keurig Green Mountain Inc. (“KGM”) and Dr Pepper Snapple Group Inc. that formed the Company in 2018, Mr. Gamgort served as Chief Executive Officer of KGM, beginning in 2016.