Keurig Dr Pepper appoints Anthony DiSilvestro as chief financial officer

Keurig Dr Pepper Inc. (NASDAQ:KDP) announced Tuesday the appointment of Anthony DiSilvestro as chief financial officer, effective immediately. DiSilvestro succeeds Sudhanshu Priyadarshi, who is stepping down from his roles as chief financial officer and president, international, and will serve as a senior advisor to the company through April 7, 2026. The beverage giant, currently valued at $37.2 billion with a P/E ratio of 23.7, is considered undervalued according to InvestingPro Fair Value estimates. The company has maintained impressive gross profit margins of 54.8% and has raised its dividend for 5 consecutive years.

Prior to joining Keurig Dr Pepper, DiSilvestro, 67, was chief financial officer of Mattel, Inc. from June 2020 until May 2025. He previously served as senior vice president and chief financial officer of Campbell Soup Company from May 2014 to September 2019. DiSilvestro has been a board member of FMC Corporation since December 2024. He holds a bachelor’s degree in economics from Dartmouth College and an MBA from The Wharton School of the University of Pennsylvania.

According to a press release statement, DiSilvestro’s compensation includes an annual base salary of $1,000,000 and eligibility for an annual bonus targeted at 100% of his base salary. In place of participation in Keurig Dr Pepper’s annual long-term equity incentive program, he will receive a one-time long-term incentive grant of restricted stock units valued at $8,000,000, vesting 67% on the second anniversary of the grant date and 33% on the third anniversary.

The company stated that DiSilvestro has no family relationships with any directors or executive officers and there are no related party transactions requiring disclosure.

Priyadarshi and Keurig Dr Pepper have entered into a transition, separation and release agreement, under which Priyadarshi will be eligible for severance benefits in line with the company’s executive severance plan, pro-rata vesting of his outstanding equity awards, and an advisory services fee of up to $500,000 following the transition period.

The information is based on a statement from a Securities and Exchange Commission filing.

In other recent news, Keurig Dr Pepper has reported its third-quarter 2025 earnings, meeting analysts’ expectations with an earnings per share (EPS) of $0.54. The company also exceeded revenue forecasts, reporting $4.31 billion compared to the anticipated $4.15 billion, marking a 3.86% revenue surprise. Additionally, Keurig Dr Pepper has appointed Anthony DiSilvestro as its new Chief Financial Officer. DiSilvestro, who brings over 40 years of industry experience, previously served as CFO at Mattel, Inc.

In legal developments, a federal court has denied class certification for direct purchaser plaintiffs in the ongoing antitrust litigation against Keurig Dr Pepper. The court’s decision means the plaintiffs cannot pursue their claims on a classwide basis. Meanwhile, UBS has reiterated a Buy rating on Keurig Dr Pepper, citing solid third-quarter results and an updated outlook for 2025 net sales growth. TD Cowen has also raised its price target for the company to $32.00 from $28.00, while maintaining a Hold rating. This adjustment follows changes in the financing structure for Keurig Dr Pepper’s JDE Peet’s acquisition, aimed at reducing leverage.

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