Keurig Dr Pepper names new CEO, shares rise

Central Garden & Pet

20/09/2023 23:20

** Shares of Texas-based soda maker Keurig Dr Pepper  KDP.O 
up 1.1% at $33.77, after market
    ** Co names Tim Cofer its new CEO 
    ** Cofer will join as COO on Nov. 6, before taking on the
CEO role in Q2 of 2024
    ** He will replace Bob Gamgort, who will transition to co's
executive chairman
    ** Cofer currently leads garden and pet supplies firm
Central Garden & Pet Co  CENT.O  
    ** KDP shares down 5.3% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))