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JAB chairman Bart Becht to head up Keurig Dr Pepper boardroom

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The chairman of the private equity firm that owns Keurig Green Mountain has been named as the new chairman of Keurig Dr Pepper.

Bart Becht will lead the boardroom for Keurig Dr Pepper, the company due to be formed by the pending merger between Keurig and Dr Pepper Snapple Group. Becht is already chairman of JAB and two other JAB-related firms - beauty company Coty and coffee manufacturer Jacobs Douwe Egberts.

Other JAB executives on the board include CEO Olivier Goudet and senior partner Peter Harf. Incoming Keurig Dr Pepper CEO Bob Gamgort also has a seat on the board as does Dr Pepper Snapple Group CEO Larry Young, who will step down from his current post when the merger completes. DPSG director Pamela Patsley will also make the move to the Keurig Dr Pepper boardroom.

Most of the board members are connected to Luxembourg-based JAB, which owns interests in a number of global companies, including Coty, Jacobs Douwe Egberts, Krispy Kreme, Bally and Peet's Coffee. JAB's partner in KGM is Mondelez International, which will hold around 14% of Keurig Dr Pepper.

Dr Pepper Snapple Group and Keurig Green Mountain agreed to merge in January. Gamgort, current CEO of Keurig, will serve as CEO and Ozan Dokmecioglu, current CFO of Keurig, will serve as CFO.

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