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Keurig Dr Pepper Executive Compensation (FY25)

KDP · Executive and director compensation, fiscal 2022 to 2025

The paid brief on Keurig Dr Pepper

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 19, 2026Latest filing (8-K): June 18, 2026
13 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Keurig Dr Pepper brief$1,500Get the executive brief
352 figures on this page: 343 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Timothy Cofer
Median of the other named officers
$5,063,371
6 officers, excluding the chief executive
Latest say-on-pay support
=
June 16, 2026
Chief executive pay ratio
◇
To the median employee

More on Keurig Dr Pepper

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Timothy Cofer: $7,013,457 → $8,217,032 (17.2% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Keurig Dr Pepper's chief executive and what were they paid?
Total compensation for Timothy Cofer, Chief Executive Officer, came to $8,217,032 in fiscal 2025. Cofer's total was 17.2% higher than the $7,013,457 reported for fiscal 2024.
What was Keurig Dr Pepper's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 96.1% support at the meeting held June 16, 2026.
Which companies are in Keurig Dr Pepper's peer group?
The disclosed peer group names Anheuser-Busch InBev SA/NV, Brown-Forman, Constellation Brands, Inc., Diageo plc and Kellanova, among others.
What is Keurig Dr Pepper's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 127:1, against median employee compensation of $64,534.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ozan Dokmecioglu
Former Chief Executive Officer
Departed during or after this year
◇—◇———◇◇
Robert Gamgort
Executive Chairman
◇—◇—◇—◇◇
Sudhanshu Priyadarshi
Chief Financial Officer & President, International
◇◇◇—◇——◇
Andrew Archambault
President, U.S. Refreshment Beverages
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Cofer
Chief Operating Officer
◇◇◇—◇—◇◇
Robert Gamgort
Executive Chairman
◇—◇—◇—◇◇
Karin Rotem-Wildeman
Chief Research & Development Officer
◇◇◇—◇—◇◇
Andrew Archambault
President, U.S. Refreshment Beverages
◇—◇—◇—◇◇
Sudhanshu Priyadarshi
Chief Financial Officer & President, International
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Cofer
Chief Executive Officer and Former Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
Robert Gamgort
Chairman of the Board and Former Executive Chairman and Chief Executive Officer
Departed during or after this year
◇—◇—◇—◇◇
Sudhanshu Priyadarshi
Chief Financial Officer and President, International
◇—◇—◇—◇◇
Roger Johnson
Chief Supply Chain Officer
◇—◇—◇—◇◇
Andrew Archambault
Former President, U.S. Refreshment Beverages
Departed during or after this year
◇—◇———◇◇
Justin Whitmore
President, KDP Energy and Former Chief Strategy Officer
Departed during or after this year
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Cofer
Chief Executive Officer
◇—◇—◇—◇◇
Anthony DiSilvestro
Chief Financial Officer
◇—◇—◇——◇
Sudhanshu Priyadarshi
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Eric Gorli
President, U.S. Refreshment Beverages
◇—◇—◇—◇◇
Anthony Shoemaker
Chief Legal Officer & General Counsel
◇—◇—◇—◇◇
Robert Gamgort
Former Executive Chairman
Departed during or after this year
◇—◇—◇—◇◇
Roger Johnson
Chief Transformation Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Anthony DiSilvestroRSU◇——◇——◇
Anthony ShoemakerRSU◇——◇——◇
Anthony ShoemakerRSU◇——◇——◇
Anthony ShoemakerPSU◇◇◇—◇—◇
Eric GorliPSU◇◇◇—◇—◇
Eric GorliRSU◇——◇——◇
Eric GorliRSU◇——◇——◇
Robert GamgortPSU◇◇◇—◇—◇
Robert GamgortRSU◇——◇——◇
Roger JohnsonRSU◇——◇——◇
Roger JohnsonPSU◇◇◇—◇—◇
Sudhanshu PriyadarshiRSU◇——◇——◇
Sudhanshu PriyadarshiRSU◇——◇——◇
Sudhanshu PriyadarshiPSU◇◇◇—◇—◇
Timothy CoferPSU◇◇◇—◇—◇
Timothy CoferRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Roger JohnsonRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Sudhanshu PriyadarshiRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Timothy CoferRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Eric GorliRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Anthony DiSilvestroRSU◇◇——
Robert GamgortRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Anthony ShoemakerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Anthony Shoemaker
Chief Legal Officer & General Counsel · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Excise tax treatment◇
Eric Gorli
President, U.S. Refreshment Beverages · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Excise tax treatment◇
Robert Gamgort
Former Executive Chairman · Terms as described in the company’s compensation discussion · citing a 2026 filing
Excise tax treatment◇
Roger Johnson
Chief Transformation Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Excise tax treatment◇
Sudhanshu Priyadarshi
Former Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Excise tax treatment◇
Timothy Cofer
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Excise tax treatment◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Pamela Patsley
Board chair · Lead independent director
◇◇————◇
Juliette Hickman
◇◇————◇
Robert Singer
◇◇————◇
Debra Sandler
◇◇————◇
Oray Boston
◇◇————◇
Paul Michaels
◇◇————◇
Lawson Whiting
◇◇————◇
Michael Van de Ven
◇◇————◇
Frank Engelen
◇—————◇
Joachim Creus
◇—————◇
Olivier Goudet
◇—————◇
Timothy Cofer, William Newlands, Robert Gamgort and Brian Driscoll served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash board retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Anheuser-Busch InBev SA/NV BUD
  • Brown-Forman BF.B
  • Constellation Brands, Inc. STZ
  • Diageo plc DEO
  • Kellanova K
  • McCormick & Company, Incorporated MKC
  • Molson Coors Beverage Company TAP
  • Monster Beverage Corporation MNST
  • Nestlé S.A. symbol not shown
  • PepsiCo, Inc. PEP
  • Starbucks Corporation SBUX
  • The Coca-Cola Company KO
  • The Hershey Company HSY
  • The J.M. Smucker Company SJM
  • The Kraft Heinz Company KHC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 16, 2026=◇◇◇
2024June 18, 2025=◇◇◇
2023June 10, 2024=◇◇◇
2022June 12, 2023=◇◇◇
2021June 9, 2022=◇◇◇
2020June 18, 2021=◇◇◇
2019June 24, 2020=◇◇◇
2018June 7, 2019=◇◇◇
2017June 29, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Keurig Dr Pepper disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Keurig Dr Pepper sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
352 figures on this page: 343 cited to the filing that reported them, 9 calculated from figures it prints.
343 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001418135-26-000041
  2. 0001193125-26-177266
    CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · Grants of Plan-Based Awards · and 3 more sections
  3. 0001418135-25-000090
  4. 0001193125-25-096767
    Summary Compensation Table
  5. 0001418135-24-000068
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-118204
    Summary Compensation Table
  7. 0001418135-23-000012
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-127023
    Summary Compensation Table
  9. 0001418135-22-000015
  10. 0001418135-21-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001418135-20-000020
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001418135-19-000044
  13. 0001104659-18-043257
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Keurig Dr Pepper executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/KDP (accessed 2026).
Short form: data: Velarion

The paid brief for Keurig Dr Pepper

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Keurig Dr Pepper discloses

The companies named in KDP's own disclosed peer group.

Brown-FormanConstellation Brands, Inc.KellanovaMcCormick & Company, IncorporatedMolson Coors Beverage CompanyMonster Beverage CorporationPepsiCo, Inc.Starbucks CorporationThe Coca-Cola CompanyThe Hershey CompanyThe J.M. Smucker CompanyThe Kraft Heinz Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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