FRISCO, Texas — Keurig Dr Pepper Inc. has named Russ Torres as chief executive officer of its coffee division ahead of the planned split of its beverage and coffee units into two independent companies.
The separated Global Coffee Co. is expected to generate $16 billion in annual revenue from brands such as Keurig, Peet’s and Green Mountain Coffee Roasters.
Torres will join KDP on November 3 and report to KDP CEO Tim Cofer, who will become CEO of Beverage Co. following separation, expected early in 2027.
Torres will also serve as a board member of Global Coffee Co. He joins from Kimberly-Clark Corp., where he currently serves as president and chief operating officer.
“Russ brings the right combination of commercial drive, brand-building pedigree, and operational discipline needed to stand up Global Coffee Co. for long-term growth,” said Cofer. “Our base business is healthy, integration and deleveraging work is on plan, and Russ joins with meaningful runway to engage our teams, drive synergy realization, and shape strategy well ahead of separation. He has spent his career accelerating growth across major global portfolios while executing large-scale transformations, and I am thrilled to welcome him to the organization.”
Prior to Kimberly-Clark, he served as group president of North America, where he drove accelerated, profitable top-line growth. Earlier, Torres held senior executive leadership roles at Newell Brands, Bain & Co., and Mondelēz International. Torres holds an MBA from the Kellogg School of Management at Northwestern University and a Bachelor of Arts in physics from Dartmouth College.
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