Keurig Dr Pepper said Thursday that CEO Ozan Dokmecioglu had agreed to step down over violations of the company’s code of conduct.
In a statement, the beverage maker said the violations were not related to strategy, operations or financial reporting.
The company reappointed Bob Gamgort, the company’s current executive chairman and former CEO, as chief executive. Gamgort handed over the reins of the company to Dokmecioglu at the end of July.
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He will also continue in his role as Chairman.
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“KDP has a deep and talented management team,” Gamgort said. “I look forward to continuing to work with the management team and the board in the role I held less than four months ago.”
Prior to taking on the executive role at Keurig Dr Pepper, Dokmecioglu was its chief financial officer.
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Dokmecioglu resigned from Krispy Kreme Inc.’s board of directors in September after serving two years, according to an SEC filing. Krispy Kreme said in the filing that the departure was not caused by a disagreement with the company or the board.