Keurig Dr Pepper Announces Appointment of New Director to its Board

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Keurig Dr Pepper (NASDAQ: KDP) appointed Aaron Alt to its Board of Directors, effective August 14, 2026. Alt, currently Chief Financial Officer of Cardinal Health, will serve on KDP’s Audit and Finance Committee. His appointment aligns with KDP’s plans to separate into future Beverage and Global Coffee companies.

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FRISCO, Texas and BURLINGTON, Mass., Aug. 12, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) announced today that Aaron Alt has been appointed a director of the Company's Board of Directors, effective August 14, 2026.

Alt brings deep expertise in finance, capital allocation and business transformation to KDP's Board and will serve on its Audit and Finance Committee. He currently serves as Chief Financial Officer of Cardinal Health, where he oversees the company's financial and corporate development activities. Prior to joining Cardinal Health in 2023, Alt served as Executive Vice President and Chief Financial Officer of Sysco Corporation and held senior finance and operational leadership positions at Sally Beauty Holdings and Target Corporation. Earlier in his career, he worked across brand management, strategy, finance and legal at Sara Lee Corporation. He holds an MBA from Northwestern University's Kellogg School of Management, a J.D. from Harvard Law School and a bachelor's degree from Northwestern University.

"With his track record as a three-time public company CFO and his broad experience across finance, operations and corporate development, Aaron will be a valuable addition to our Board," said Pamela Patsley, Chairman of the Board of KDP. "We continue to appoint world class leaders as we grow our Board and its capabilities in advance of separation into the future Beverage Co. and Global Coffee Co."

"Aaron has successfully led finance organizations through periods of growth, transformation and change, and his perspective will be highly relevant as we prepare to launch two focused, category-leading companies," added Tim Cofer, Chief Executive Officer of KDP.

About Keurig Dr Pepper
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company with more than 150 owned, licensed and partner brands that meet a wide range of needs and occasions. Our North American refreshment beverage business holds leadership positions across carbonated soft drinks, water, juice and mixers with a portfolio of iconic brands such as Dr Pepper^®, Canada Dry^®, Mott's^®, A&W^®, Peñafiel^®, GHOST^®, 7UP^®, Snapple^®, Clamato^® and Core Hydration^®. Our global coffee business spans more than 100 markets and includes the leading Keurig^® single‑serve brewing system in the U.S. and Canada, along with powerhouse brands such as Peet's, L'OR and Jacobs, and other regional coffee leaders. Our more than 50,000 employees aim to enhance the experience of every beverage and coffee occasion while making a positive impact for people, communities and the planet. Learn more at www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram.

Investor Contact:
Investor Relations
T: 888-340-5287 / IR@kdrp.com

Media Contact:
Xenja Lindberg
Xenja.Lindberg@kdrp.com

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SOURCE Keurig Dr Pepper

FAQ

Who was appointed to the Keurig Dr Pepper (NASDAQ: KDP) Board on August 12, 2026?

Keurig Dr Pepper appointed Aaron Alt to its Board of Directors, effective August 14, 2026. According to Keurig Dr Pepper, Alt will also serve on the Board’s Audit and Finance Committee, bringing finance and business transformation experience.

What is Aaron Alt’s current role before joining the Keurig Dr Pepper (KDP) Board?

Aaron Alt currently serves as Chief Financial Officer of Cardinal Health. According to Keurig Dr Pepper, he oversees Cardinal Health’s financial and corporate development activities, adding extensive finance, capital allocation and transformation experience to the KDP Board of Directors.

What committee will Aaron Alt join on the Keurig Dr Pepper (KDP) Board?

Aaron Alt will serve on Keurig Dr Pepper’s Audit and Finance Committee. According to Keurig Dr Pepper, his background as a public company CFO and experience across finance and operations are expected to support the Board’s oversight of financial and capital allocation matters.

How does Aaron Alt’s appointment relate to Keurig Dr Pepper’s planned Beverage Co. and Global Coffee Co. separation?

Keurig Dr Pepper links Aaron Alt’s appointment to strengthening the Board ahead of its planned separation into a future Beverage Co. and Global Coffee Co. According to Keurig Dr Pepper, his experience with growth, transformation and change is relevant as it prepares two focused companies.

What prior experience does Aaron Alt bring to the Keurig Dr Pepper (KDP) Board of Directors?

Aaron Alt previously served as Executive Vice President and Chief Financial Officer of Sysco and held senior roles at Sally Beauty Holdings, Target and Sara Lee. According to Keurig Dr Pepper, he has a broad background in finance, operations, brand management, strategy and legal.

What are Aaron Alt’s educational qualifications relevant to his role on Keurig Dr Pepper’s Board (KDP)?

Aaron Alt holds an MBA from Northwestern University’s Kellogg School of Management, a J.D. from Harvard Law School and a bachelor’s degree from Northwestern University. According to Keurig Dr Pepper, this combination supports his expertise in finance, strategy and governance matters.