Keurig Dr Pepper (KDP) principal accounting officer to retire after business separation
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Keurig Dr Pepper Inc. disclosed that Angela Stephens, Senior Vice President, Controller and Principal Accounting Officer, plans to retire after the completion of the previously announced separation of the company’s coffee and beverage businesses. She has served as the company’s controller for nearly 18 years.
Before retiring, Ms. Stephens will work closely with leadership to set up controller functions for each of the two new independent publicly traded companies, helping support a smooth separation and transition of financial reporting and control responsibilities.
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Insights
Planned retirement of long-tenured accounting leader tied to business separation.
The company reports that Angela Stephens, its Senior Vice President, Controller and Principal Accounting Officer, intends to retire after the separation of the coffee and beverage businesses is completed. Her nearly 18-year tenure suggests deep institutional knowledge in accounting and controls.
Importantly, Stephens will remain in place through the transition and help establish controller functions for each of the two new independent publicly traded companies. This framing as a post-separation retirement, with active involvement in building the new structures, points to an orderly, planned leadership change rather than an abrupt departure.
For investors, the key consideration is execution of the separation and continuity in financial reporting. Keeping the current principal accounting officer engaged through the transition may help maintain stability in internal controls and external reporting as the two businesses become standalone public entities.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Retirement announcement date: June 22, 2026
Controller tenure: Nearly 18 years
Exchange listing: The Nasdaq Stock Market LLC
+1 more
4 metrics
Retirement announcement date
June 22, 2026
Date Angela Stephens informed the company of her intention to retire
Controller tenure
Nearly 18 years
Length of time Angela Stephens has served as the company’s controller
Exchange listing
The Nasdaq Stock Market LLC
Listing venue for Keurig Dr Pepper common stock
Trading symbol
KDP
Ticker for Keurig Dr Pepper common stock
Key Terms
Principal Accounting Officer, Emerging growth company, separation of the Company's coffee and beverage businesses
3 terms
Principal Accounting Officer financial
"Angela Stephens, Senior Vice President, Controller and Principal Accounting Officer of Keurig Dr Pepper Inc."
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
Emerging growth company regulatory
"Emerging growth company Securities registered pursuant to Section 12(b) of the Act"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
separation of the Company's coffee and beverage businesses financial
"following the completion of the previously announced separation of the Company's coffee and beverage businesses"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 22, 2026
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||||||||
(Address of principal executive offices, including zip code)
(800 ) 527-7096
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 22, 2026, after nearly 18 years of service as the Company’s Controller, Angela Stephens, Senior Vice President, Controller and Principal Accounting Officer of Keurig Dr Pepper Inc. (the “Company”) informed the Company of her intention to retire following the completion of the previously announced separation of the Company's coffee and beverage businesses. Ms. Stephens will partner closely with leadership to establish the controller functions for each of the two new independent publicly traded companies to support a successful separation and transition.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| KEURIG DR PEPPER INC. | ||||||||||||||
| Date: June 25, 2026 | ||||||||||||||
| By: | /s/ Anthony Shoemaker | |||||||||||||
| Name: | Anthony Shoemaker | |||||||||||||
| Title: | Chief Legal Officer, General Counsel and Secretary | |||||||||||||
FAQ
What leadership change did Keurig Dr Pepper (KDP) report in this 8-K?
Keurig Dr Pepper reported that Angela Stephens, its Senior Vice President, Controller and Principal Accounting Officer, plans to retire. Her retirement will occur after the company completes the separation of its coffee and beverage businesses into two independent public companies.
When does Angela Stephens plan to retire from Keurig Dr Pepper (KDP)?
Angela Stephens intends to retire after completion of Keurig Dr Pepper’s previously announced separation of its coffee and beverage businesses. Her decision is tied specifically to finishing this transition, rather than taking effect immediately upon the filing of the current report.
What role does Angela Stephens currently hold at Keurig Dr Pepper (KDP)?
Angela Stephens serves as Senior Vice President, Controller and Principal Accounting Officer at Keurig Dr Pepper. She has been the company’s controller for nearly 18 years, overseeing financial reporting and accounting functions during that extended tenure with the organization.
How will Angela Stephens support Keurig Dr Pepper’s planned separation?
Before retiring, Angela Stephens will partner closely with leadership to establish controller functions for each of the two new independent publicly traded companies. Her work is intended to support a successful separation and transition of accounting and financial reporting responsibilities.
Does the Keurig Dr Pepper (KDP) filing describe an abrupt officer departure?
The filing describes Angela Stephens’ retirement as occurring after completion of the planned separation of the coffee and beverage businesses. It emphasizes her continued involvement in building controller functions for both new companies, indicating a structured, transitional change rather than an abrupt exit.