Bob Gamgort replacing him as chief executive officer.

The $50 million investment gives KDP a seat on Athletic Brewing Co.’s board of directors.

Sudhanshu Priyadarshi will take over the role effective Nov. 14.

Companywide, net sales jump 11% due to pricing actions.

Roger Johnson moves up from chief product officer.

The companies’ agreement gives Keurig Dr Pepper exclusive sale and distribution rights in Mexico for current and future Red Bull beverages.

The goal remains increasing household penetration by 2 million per year.

Bloomberg reported the companies were in talks for a deal.

The company will launch a new brewer in the third quarter.

Ozan Dokmecioglu will take over as CEO on July 29.