More. Welcome to the Careers Center for Keurig Dr Pepper Inc.. [50], In early March 2014, Green Mountain Coffee Roasters shareholders voted to change its name to Keurig Green Mountain to reflect its business of selling Keurig coffee makers. These include coffees that are certified organic, Fair Trade Certified, specialty blends, and flavored coffees and beverages. [30] Employees are paid for up to 52 hours of volunteer work in their community per year. ", "Coffee makers wrestle with recyclability of single-serve pods", "Keurig Green Mountain, Inc. Keurig Dr Pepper’s revenues registered a y-o-y growth of 1.8% and 5.2% in Q2 2020 and Q3 2020, respectively. For information on the legacy DPS business, read on below. [19], Stiller bought out his two partners for $100,000 and became sole proprietor of the company within two years of his original purchase,[16] but it took four years to turn a profit. c/o Computershare, Inc. 250 Royall Street Canton, MA 02021 Toll Free: 1-877-745-9312 Direct: 781-575-4033 Through its own and its partnership licensed brands, the east-coast division offers over 400 different varieties of coffee and other beverage selections. As of July 2018, the newly merged conglomerate also sells sodas, juices, and other soft drinks via its Dr Pepper Snapple (also called Dr. Pepper/7up Inc.) division based in Texas. [29], In 2006, Green Mountain – which had successively invested in and acquired increasing percentage ownership of Keurig, Inc. in 1993, 1996, and 2003, by which time it had a 43% ownership – completed its full acquisition of the single-cup brewing systems manufacturer. [76][77] On July 10, shares in Keurig Dr Pepper (KDP) began trading on the New York Stock Exchange. [17] At a time when premium, specialty, or gourmet coffee was still rare, Stiller dedicated himself to coffee-roasting, using exclusively arabica coffee beans. [83][84], In 2005, Green Mountain was the first coffee company to support the United Nations' Global Reporting Initiative mission to develop globally accepted sustainability reporting guidelines. [104] In its 2014 Sustainability Report, released in February 2015, Keurig Green Mountain re-affirmed that a priority for the company is ensuring that 100% of K-Cup pods are recyclable by 2020. Download 2018 Annual Report (13.4 MB) Media; Overview Stock Information Analyst Coverage Corporate Governance Governance Documents Board of Directors Committee Composition Financials & Filings SEC Filings [118] In 2002 GMCR was the first corporate investor of the non-profit micro-loan organization Root Capital,[125] and through it Green Mountain has provided millions of dollars in loans to cash-strapped coffee farmers. [118][100][119] Since 2010 Green Mountain has been the largest purchaser of Fair Trade coffee in the world. Q2 2020 Keurig Dr Pepper Earnings Conference Call. In seven of these counties, the Dr Pepper brand will also move into the KDP DSD network. Keurig. EV stocks have soared 500%, 800%, even 1,000% this year. [47] In the fall of 2013, the company released a full-pot brewer, the Keurig Bolt, for use mainly in offices. [48], In February 2014, The Coca-Cola Company purchased a 10% stake in the company, valued at $1.25 billion, with an option to increase their stake to 16%, which was exercised in May 2014. [5] Its east-coast division sells coffee and other beverages, and Keurig brewers. More. [78] Its stock switched to NASDAQ in 2020. [85] As of 2015, Keurig Green Mountain has a Chief Sustainability Officer. Transcript. Glassdoor is your resource for information about Keurig Dr Pepper benefits and perks. [16] The company also began to embrace an environmental and socially responsible ethos very quickly; by 1983 employees composted used coffee grounds at its retail stores, and by 1986 Green Mountain introduced its first organic coffee in a retail market test. [28] In late 2005 GMCR reached a deal to sell its Newman's Own Organics Blend coffee in more than 600 McDonald's restaurants in New England and upstate New York. Keurig Dr Pepper is committed to working with and providing reasonable accommodations … Keurig Dr Pepper Inc., formerly Keurig Green Mountain (2014–2018) and originally Green Mountain Coffee Roasters (1981–2014), is a publicly traded American beverage and beverage-maker conglomerate with headquarters in Burlington, Massachusetts. July 2020 Thursday, July 30, 2020 8:00am - 9:00am EDT Listen to the Webcast. [24][38], On September 28, 2010, the company's stock rose to what was then an all-time high, but the company disclosed after the markets closed that the Securities and Exchange Commission had requested documents and data related to an inquiry into how it accounted for revenue. [85][115][116][117], GMCR was a pioneer in the Fair Trade movement in 2000, guaranteeing farmers a steady minimum price far above market value. [60], In March 2015, it launched the K-Mug pod, a recyclable pod which brews large travel mug–sized portions. 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