Keurig Dr Pepper appointed Anthony DiSilvestro as CFO, effective November 25, 2025. He succeeds Sudhanshu Priyadarshi, who will serve as a strategic advisor through April 7, 2026.
This is a finance leadership decision timed to a corporate architecture moment. Keurig Dr Pepper is pursuing its acquisition of JDE Peet’s and has outlined an intention to separate coffee and cold beverages into two public companies. The incoming CFO inherits a mandate that blends capital markets credibility, transaction execution, and operating discipline across two future entities.
The real scope of the role sits at the intersection of Finance and Technology
Keurig Dr Pepper confirmed that DiSilvestro will lead both the Finance and Technology organizations and report to CEO Tim Cofer. That pairing matters. It signals that the company views finance technology, data infrastructure, planning systems, and controls as core levers in the separation and integration program, rather than support functions running in parallel.
Alongside the appointment, the company expanded responsibilities for two senior finance leaders.
- George Lagoudakis moves into a newly created deputy CFO role, with added responsibility tied to the separation and setup of the future Beverage Co
- Jane Gelfand expands into senior vice president, Strategic Finance and Capital Markets, continuing oversight of investor relations and international finance while taking on transaction management and financing responsibilities related to the acquisition and separation
This is a classic separation playbook move. Build redundancy at the top of finance, assign explicit ownership for capital markets and transaction work, and protect day to day operating cadence in the base business.
Why DiSilvestro fits the moment
DiSilvestro brings a profile boards typically seek when the finance agenda includes cost, complexity, and corporate transactions.
- Most recently, he served as CFO at Mattel from June 2020 until May 2025
- Before Mattel, he served as CFO at Campbell Soup Company from 2014 to 2019, after rising through finance leadership roles over nearly 24 years
- Keurig Dr Pepper highlighted his track record in cost structure optimization and large-scale transactions
For a company preparing to integrate a large coffee platform and then separate into two listed entities, those experiences map directly to the workstream risk points.
What boards and investors will measure over the next cycle
Executive appointments during major transactions function as a signal. Investors read the CFO's decision as an indication of execution posture and governance bandwidth.
Here is what performance scrutiny typically concentrates on in a structure similar to Keurig Dr Pepper’s planned acquisition and separation.
- Financing narrative and credit profile management - The acquisition and separation increase capital structure sensitivity. The finance team will need to keep a tight linkage between deal financing, leverage expectations, and the equity story for each future business.
- Separation readiness with clean accountability - The deputy CFO role tied to Beverage Co. is a practical governance choice. It reduces ambiguity across reporting lines, systems, and controls needed for two independent public companies.
- Transaction integration discipline - Cofer explicitly pointed to DiSilvestro’s M&A experience as a lever for integrating JDE Peet’s and creating two companies. Execution quality will show up in cadence, milestones, and the absence of finance and systems bottlenecks.
- Finance technology as an operating system, not a support layer - Assigning Technology under the CFO can accelerate the modernization of forecasting, productivity measurement, and governance across two future operating models.
Compensation terms reinforce the execution mandate
Public filings also frame how the board is underwriting the scope of the role. Keurig Dr Pepper disclosed an annual base salary of $1,000,000, a target annual bonus at 100% of base salary, and a one-time restricted stock unit grant valued at $8,000,000 with vesting on the second and third anniversaries.
The broader takeaway for CFO hiring in consumer and beverage
This appointment reflects a pattern showing up across large consumer platforms.
- The CFO seat increasingly carries a transformation remit that spans operating model design, technology enablement, and transaction execution
- Boards build depth around the CFO early when separation complexity rises, then assign specialized workstreams to trusted lieutenants
- The strongest profiles combine cost structure discipline with transaction fluency and the operating temperament to run a finance organization through a multi-year program
In short, Keurig Dr Pepper is staffing for a corporate mechanics phase, not a steady state finance cycle. That emphasis is visible both in the chosen leader and the team design around him.