Robert J. (Bob) Gamgort is the Chairman and CEO of Keurig Dr Pepper, the seventh largest food and beverage company in the United States.[2] Gamgort became President and CEO in July 2018, upon the completion of the merger between Keurig Green Mountain and Dr Pepper Snapple Group, and added the responsibility of Chairman in January 2019.[3][4]
Gamgort started his career in marketing at General Foods, which later merged with and became Kraft Foods.[3][6] He later became President of Major League Baseball Properties, where he transformed the league’s marketing capabilities and played a key role in the resurgence of baseball’s popularity after the 1994 strike.[7]
Gamgort left MLB Properties to join Mars, Incorporated, initially to lead marketing for M&M/Mars, then serving as General Manager of its Chocolate Unit and later becoming President for Mars’ North American portfolio of businesses.[8][9]
In 2009, Gamgort was named CEO of Pinnacle Foods, owned at the time by The Blackstone Group.[10] In his seven years at Pinnacle Foods, Gamgort significantly increased the value of the company and built a diversified portfolio of well-known brands through a series of acquisitions including, Birds Eye Foods, Wish-Bone Salad Dressings, Gardein Plant Based Protein and Boulder Brands.[11][12][13][14][15] Gamgort also led Pinnacle’s successful IPO on the NYSE in 2013.[16]
From May 2016 to July 2018, Gamgort served as CEO of Keurig Green Mountain.[10] Under private ownership with JAB Holding Company, Gamgort streamlined operations and improved the fundamentals of the Keurig Green Mountain business.[17] In January 2018, Keurig Green Mountain and Dr Pepper Snapple Group announced a merger and Gamgort was named CEO of the combined company.[18]
Under Gamgort’s leadership as Chairman and CEO, Keurig Dr Pepper has gained market share in the majority of segments in which it operates, including coffee pods, carbonated soft drinks, premium unflavored still water, shelf stable fruit drinks and shelf stable apple juice and apple sauce, and paid back $1.7 billion in debt within the first year as a combined company.[19][20] In January 2019, Gamgort was named Executive Chairman of Keurig Dr Pepper’s Board of Directors.[21] Keurig Dr Pepper ranked No. 288 on the 2020 Fortune 500 list of the largest United States corporations by total revenue.[22]
Dr Pepper Snapple Group (also called Dr. Pepper/7up Inc.) is an American multinational soft drink company based in Plano, Texas, and as of July 2018 it is a business unit of the publicly traded conglomerate Keurig Dr Pepper.
Formerly Cadbury Schweppes Americas Beverages, part of Cadbury Schweppes, on May 5, 2008 it was spun off from Cadbury Schweppes as Dr Pepper Snapple Group, with trading in its shares starting on May 7, 2008 on the NYSE as "DPS". The remainder of Cadbury Schweppes become Cadbury, a confectionery group, on May 5, 2008.[3][4]
On July 9, 2018, Keurig Green Mountain acquired Dr Pepper Snapple Group, and became Keurig Dr Pepper; the following day the merged company began trading anew on the NYSE as "KDP".[5][6][7]
Keurig Dr Pepper Inc., formerly Keurig Green Mountain (2014–2018) and originally Green Mountain Coffee Roasters (1981–2014), is a publicly traded American beverage and beverage-maker conglomerate with headquarters in Burlington, Massachusetts.[5] Its east-coast division sells coffee and other beverages, and Keurig brewers. As of July 2018, the newly merged conglomerate also sells sodas, juices, and other soft drinks via its Dr Pepper Snapple (also called Dr. Pepper/7up Inc.) division based in Texas.
