Coffee and soda don’t mix, decides KDP’s CEO—but for investors, adding Peet’s and splitting the giant in two could pay off

Coffee and soda don’t mix, decides KDP’s CEO—but for investors, adding Peet’s and splitting the giant in two could pay off

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In 2018, Bob Gamgort—then CEO of coffee K-Pod purveyor Keurig Green Mountain—united hot and cold beverages under the same roof for the first time by merging with soft drink giant Dr Pepper Snapple for nearly $19 billion. The combo thrived during the COVID lockdown as the new Keurig Dr Pepper…

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