BURLINGTON, Mass. and FRISCO, Texas — Keurig Dr Pepper (KDP) has appointed Anthony DiSilvestro as its new chief financial officer, effective immediately. DiSilvestro will report to CEO Tim Cofer and lead both the finance and technology organizations as the company enters a pivotal phase that includes integrating JDE Peet’s and the planned creation of two standalone businesses.
Cofer called DiSilvestro “a seasoned and forward-thinking CFO with deep expertise across food & beverage and consumer goods,” adding that he will be instrumental in maintaining KDP’s current business momentum while steering major strategic initiatives. “He will play a crucial role in sustaining our Company’s strong base business momentum, while drawing on his significant M&A experience to facilitate the successful integration of JDE Peet’s and the ultimate creation of two winning companies,” Cofer said. “Anthony will be a valuable partner in launching our next chapter.”
DiSilvestro, who brings more than 40 years of industry experience, most recently served as CFO of Mattel, where he spent five years strengthening the company’s balance sheet, modernizing its finance organization and driving cost discipline. Before Mattel, he spent nearly 24 years at Campbell Soup Company, rising through senior finance roles and serving as CFO from 2014 to 2019. He also held earlier roles at Scott Paper Company.
“KDP is a world-class company with a compelling growth strategy, iconic brands and a unique opportunity to transform the beverage industry and unlock shareholder value,” DiSilvestro said. “I’m excited to work with Tim and the Board, the management team and a strong bench of finance leaders to drive attractive results and help navigate this pivotal period for our company.”
DiSilvestro succeeds Sudhanshu Priyadarshi, who has served as both CFO and president of international. Priyadarshi will remain with the company as a strategic advisor through April 7, 2026. Cofer thanked him for his leadership, noting, “Sudhanshu has been an integral part of KDP’s strategic evolution, accretive international contribution and strong financial performance during his tenure.”
As part of the transition, KDP is also promoting two senior finance executives. George Lagoudakis has been appointed deputy CFO, expanding his responsibilities to support the planned separation of the future Beverage Co. Jane Gelfand has taken on an expanded role as SVP of strategic finance and capital markets, continuing to lead investor relations and international finance while taking on additional responsibilities related to transaction management and financing for the acquisition and separation.
Keurig Dr Pepper generates over $15 billion in annual revenue and markets more than 125 beverage brands across North America, including Keurig, Dr Pepper, Snapple, Canada Dry, Core Hydration, and Green Mountain Coffee Roasters.
