01—Abstract
Summary
Summary of the 8-K filed November 25, 2025. Cited figures are marked; the original filing is the authoritative source.
On November 25, 2025, Keurig Dr Pepper Inc. (KDP) announced the appointment of Anthony DiSilvestro as Chief Financial Officer, effective the same day.
He succeeds Sudhanshu Priyadarshi, who was previously Chief Financial Officer and President, International, and who no longer holds those roles as of that date. Priyadarshi will serve as a senior advisor providing transition services through April 7, 2026. DiSilvestro, 67, previously served as CFO of Mattel, Inc. from June 2020 until May 2025, and as Senior Vice President and CFO of Campbell Soup Company from May 2014 to September 2019.
He has served on the Board of FMC Corporation since December 2024. Under a letter agreement dated November 21, 2025, he will receive an annual base salary of $1,000,000,a a target annual bonus of 100% of base salary, and, in lieu of the annual long-term equity incentive program, a one-time restricted stock unit grant with a grant date value of $8,000,000 vesting 67% on the second anniversary and 33% on the third anniversary of grant. In connection with his departure, Priyadarshi and the Company entered into a Transition, Separation and Release Agreement.
It provides eligibility for severance under the Keurig Dr Pepper Inc. Executive Severance Plan following the transition period, pro-rata vesting of outstanding equity awards, and an advisory services fee of up to $500,000b. The filing states there are no related party transactions reportable under Item 5.02 or Item 404(a) involving DiSilvestro.
02—Key points
Key Highlights
- Anthony DiSilvestro appointed Chief Financial Officer effective November 25, 2025
- Sudhanshu Priyadarshi, previously CFO and President, International, leaves those roles on the same date and will serve as senior advisor through April 7, 2026
- DiSilvestro's compensation: $1,000,000 annual base salary and a 100% target annual bonus
- One-time RSU grant with a grant date value of $8,000,000, vesting 67% on the second anniversary and 33% on the third anniversary of grant, in lieu of the annual long-term equity program
- DiSilvestro previously served as CFO of Mattel, Inc. (June 2020 to May 2025) and CFO of Campbell Soup Company (2014 to 2019)
- Priyadarshi's Transition, Separation and Release Agreement provides Executive Severance Plan eligibility, pro-rata equity vesting, and an advisory services fee of up to $500,000
03—Questions
Frequently Asked Questions
Who is the new Chief Financial Officer of Keurig Dr Pepper?
Anthony DiSilvestro, age 67, was appointed Chief Financial Officer effective November 25, 2025. He previously served as CFO of Mattel, Inc. from June 2020 until May 2025 and as Senior Vice President and CFO of Campbell Soup Company from May 2014 to September 2019. He has been on the Board of FMC Corporation since December 2024.
What is DiSilvestro's compensation package?
The letter agreement dated November 21, 2025 provides an annual base salary of $1,000,000 and an annual bonus target of 100% of base salary. In place of the annual long-term equity incentive program, he will receive a one-time restricted stock unit grant with a grant date value of $8,000,000, vesting 67% on the second anniversary and 33% on the third anniversary of the grant date.
What happens to the former CFO, Sudhanshu Priyadarshi?
Priyadarshi no longer serves as Chief Financial Officer or President, International as of November 25, 2025. He will serve as a senior advisor providing transition services through April 7, 2026. Under a Transition, Separation and Release Agreement, he will be eligible for severance under the Keurig Dr Pepper Inc. Executive Severance Plan after the transition period, receive pro-rata vesting of outstanding equity awards, and receive an advisory services fee of up to $500,000.
Are there any related party transactions or family relationships involving the new CFO?
The filing states that DiSilvestro has no family relationship with any directors or executive officers of the Company, and that there are no arrangements or understandings under which he was selected as an officer. It also states there are no related party transactions reportable under Item 5.02 of Form 8-K or Item 404(a) of Regulation S-K.
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