Texas – 19 September 2025 – Qahwa World – Keurig Dr Pepper (KDP) has named Olivier Lemire as the new President of its US coffee business, a strategic move ahead of its $18.2bn acquisition of Amsterdam-based coffee and tea group JDE Peet’s, expected to finalize next year.
Lemire succeeds Patrick Minogue and transitions from his role as President of KDP Canada, where he has been at the helm since 2021. His appointment ends a 14-year tenure in the Canadian arm of the company, during which he held senior roles in sales, supply chain, HR, and commercial strategy.
“Olivier is a strong, people-centred leader who will help take our coffee business to the next level. He has done an exceptional job leading our Canadian coffee business, strengthening our position in that market while fostering a world-class team and culture,” said Tim Cofer, CEO of KDP.
In a LinkedIn post, Lemire highlighted the pivotal timing of his new role: “The acquisition of JDE Peet’s will open the door to a transformational change, one that combines global scale with our North American strength. It’s a privilege to begin this journey alongside colleagues and partners as we shape the future of our coffee business.”
Lemire will play a central role in integrating JDE Peet’s into KDP’s coffee operations, which will be spun off in 2026 into a new US-listed entity, Global Coffee Co. The new company will manage KDP’s 125 proprietary and licensed capsule ranges, alongside JDE Peet’s packaged coffee brands such as Peet’s, L’OR, and Jacobs.
The acquisition is also expected to accelerate JDE Peet’s “Reignite the Amazing” strategy, aimed at streamlining its portfolio and generating €500m ($590m) in efficiency savings.
At the same time, Lemire faces the challenge of reviving KDP’s declining US coffee sales, which have been weighed down by record-high green coffee prices and reduced consumer demand for affordable capsule brands like Green Mountain, Café Escapes, and Barista Prima.
KDP is betting on premium single-serve partnerships with brands such as La Colombe and Lavazza, along with collaborations featuring pop culture icons like Ghostface Killah, Green Day, and actress Millie Bobby Brown, to capture younger consumers and reshape its coffee portfolio.
