Ozan Dokmecioglu served in the beverage company’s top job for only four months. He previously was the company's chief financial officer.
The Dr Pepper division of Keurig Dr Pepper moved into its new headquarters at The Star in Frisco last year.Keurig Dr Pepper Inc. said Chief Executive Officer Ozan Dokmecioglu resigned after violating the company’s code of conduct and was replaced by Executive Chairman Bob Gamgort, the former CEO.
The coffee and soda maker didn’t detail the violations but said in a statement Thursday that they were “unrelated to strategy, operations or financial reporting.”. Gamgort, 60, the first CEO of the four-year-old company, had agreed to stay on as executive chairman for two years. “I look forward to continuing to work with the leadership team and the board in the role I held less than four months ago,” Gamgort said in the Thursday statement.
Burlington, Mass.-based Keurig Dr Pepper, which has a market capitalization of roughly $53 billion and is backed by investment firm JAB Holding Co., was formed through the 2018 merger of Dr Pepper Snapple and Keurig Green Mountain. The company has been active in dealmaking efforts, engaging in failed talks this summer to acquire the maker of Bang Energy drinks and taking a minority stake this week in nonalcoholic brewer Athletic Brewing Co.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Keurig Dr Pepper CEO resigns after violating company's code of conductKeurig Dr Pepper said Ozan Dokmecioglu's violations were not related to the company's strategy, operations or financial reporting.
Weiterlesen »
Keurig Dr Pepper CEO resigns for violating code of conduct, less than 4 months after being appointedKeurig Dr Pepper Inc. undefined said Thursday that Chief Executive Ozan Dokmecioglu has resigned after less than four months in the role, due to violations...
Weiterlesen »
The Ideas That Inspire UsHarvard Business Review published its first issue 100 years ago with a mission to help leaders put the best management thinking into practice. To mark our centennial, we asked eight current and former CEOs from some of the world’s top companies to describe the ideas that have propelled their own careers and organizations. Stéphane Bancel, the CEO of Moderna, on planning from the future back Anish Shah, CEO of Mahindra, on purpose-driven strategy Roz Brewer, CEO of Walgreens Boots Alliance, on listening as a leader Nicolas Hieronimus, CEO of L’Oréal, on global vision with local execution Joey Wat, CEO of Yum China, on continuous innovation Mo Ibrahim, former CEO of Celtel, on inclusive capitalism Ignacio Galán, CEO and chairman of Iberdrola, on transparent sustainability reporting Indra Nooyi, former CEO of PepsiCo, on performance with purpose As we at HBR look to the future, we recommit to our mission of helping leaders build a better world for customers, employees, partners, and communities.
Weiterlesen »
Kohl's CEO Michelle Gass resigns in favor of Levi Strauss, will succeed CEOKohl's CEO Michelle Gass is resigning, opting to take over at jeans maker Levi Strauss.
Weiterlesen »
From Kohl’s to Levi’s, the Ripple Effect of Michelle Gass’ CEO SwitchWhile investors were happy to see some change at Kohl’s, they were not so keen to see Bergh preparing to step aside at Levi’s.
Weiterlesen »
New Tool Allows Users to See Bias in AI Image GeneratorsA new tool is allowing people to see how certain word combinations produce biased results in artificial intelligence-powered text-to-image generators.
Weiterlesen »