Business Context and Reporting Period
This Form 8-K Current Report was filed by Keurig Dr Pepper Inc. on November 21, 2025, regarding events occurring on November 25, 2025. The filing addresses significant changes in executive leadership, specifically the appointment of a new Chief Financial Officer and the departure of the previous CFO and President, International.
Key Financial Metrics
The filing does not provide operational financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The financial data contained within this document is limited to executive compensation and severance arrangements.
Material Changes
The primary material change reported is the transition of the Chief Financial Officer role:
- Appointment: Anthony DiSilvestro was appointed as Chief Financial Officer, effective November 25, 2025.
- Departure: Sudhanshu Priyadarshi ceased serving as Chief Financial Officer and President, International, effective November 25, 2025.
- Transition: Mr. Priyadarshi will serve as a senior advisor providing transition services through April 7, 2026.
Compensation, Outlook, and Risks
Compensatory Arrangements:
- Anthony DiSilvestro (New CFO):
- Annual base salary: $1,000,000.
- Target annual bonus: 100% of base salary.
- Long-term incentive: One-time grant of restricted stock units valued at $8,000,000 (vesting 67% on the second anniversary and 33% on the third anniversary).
- Sudhanshu Priyadarshi (Outgoing CFO):
- Eligible for severance benefits under the Executive Severance Plan following the transition period.
- Pro-rata vesting of outstanding equity awards.
- Advisory services fee of up to $500,000.
Outlook and Risks: The filing text does not provide specific guidance, outlook, management commentary on business performance, or new risk factors beyond the standard disclosure of executive changes.
Investor Verification Checklist
- Verify the effective date of Anthony DiSilvestro's appointment as CFO (November 25, 2025).
- Confirm the total value of the one-time long-term incentive grant for the new CFO ($8,000,000).
- Review the terms of the Transition, Separation and Release Agreement for Sudhanshu Priyadarshi, specifically the advisory fee cap ($500,000) and transition end date (April 7, 2026).
- Check for any subsequent filings regarding the impact of this leadership change on the company's strategic direction.