Timothy P.  Cofer net worth and biography

Timothy Cofer Biography and Net Worth

Timothy “Tim” Cofer serves as Chief Operating Officer for Keurig Dr Pepper (KDP), having joined the Company in November 2023. His transition to the role of Chief Executive Officer is planned for the second quarter of 2024.

Tim is a seasoned consumer packaged goods executive, with more than 30 years of multinational experience in driving growth, leading transformations and executing significant M&A. His career is highlighted by a track record of creating value and building high performing teams.

Prior to joining KDP, Tim was the Chief Executive Officer of Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA), where he oversaw a multi-year period of double-digit revenue and profit growth and a series of strategic acquisitions.

Previously, he spent more than 25 years with Mondelēz International and its predecessor company, Kraft Foods, with responsibility across a wide range of product categories, including coffee, chocolate and packaged food. In Tim’s last position as EVP and Chief Growth Officer, he was a critical architect behind the company's successful growth strategy. He previously led several global regions, including as President of Asia Pacific, Middle East & Africa Mondelēz International and President of Kraft Foods Europe.  In his U.S.-focused roles of President of Kraft Pizza Company and President of Oscar Mayer Foods, he oversaw manufacturing and distribution operations, including a nationwide direct store delivery network. He also led the global integration of Kraft and Cadbury, delivering on the merger's strategic and financial objectives while nurturing a combined high-performing culture.

Tim holds an MBA from the University of Minnesota and a BA in Economics and Political Science from St. Olaf College.

What is Timothy P. Cofer's net worth?

The estimated net worth of Timothy P. Cofer is at least $13.50 million as of November 8th, 2023. Mr. Cofer owns 400,393 shares of Keurig Dr Pepper stock worth more than $13,501,252 as of April 26th. This net worth estimate does not reflect any other investments that Mr. Cofer may own. Learn More about Timothy P. Cofer's net worth.

How old is Timothy P. Cofer?

Mr. Cofer is currently 55 years old. There are 7 older executives and no younger executives at Keurig Dr Pepper. The oldest executive at Keurig Dr Pepper is Mr. Robert P. Stiller, Founder, who is 80 years old. Learn More on Timothy P. Cofer's age.

How do I contact Timothy P. Cofer?

The corporate mailing address for Mr. Cofer and other Keurig Dr Pepper executives is 53 SOUTH AVENUE, BURLINGTON MA, 01803. Keurig Dr Pepper can also be reached via phone at (877) 208-9991 and via email at [email protected]. Learn More on Timothy P. Cofer's contact information.

Has Timothy P. Cofer been buying or selling shares of Keurig Dr Pepper?

Timothy P. Cofer has not been actively trading shares of Keurig Dr Pepper within the last three months. Most recently, on Wednesday, November 8th, Timothy P. Cofer bought 15,000 shares of Keurig Dr Pepper stock. The stock was acquired at an average cost of $31.06 per share, with a total value of $465,900.00. Following the completion of the transaction, the chief operating officer now directly owns 400,393 shares of the company's stock, valued at $12,436,206.58. Learn More on Timothy P. Cofer's trading history.

Who are Keurig Dr Pepper's active insiders?

Keurig Dr Pepper's insider roster includes Matthew Archambault (Insider), Timothy Cofer (COO), Mary Beth Denooyer (Insider), Ozan Dokmecioglu (CEO & Director ), Robert Gamgort (Chairman), Olivier Goudet (Director), Herbert Hopkins (Insider), Roger Johnson (Insider), Maurice Milikin (Insider), Monique Oxender (Chief Corporate Affairs Officer), Sudhanshu Priyadarshi (CFO), Sudhanshu Priyadarshi (CFO), Karin Rotem-Wildeman (Chief Research & Development Officer), Maria Sceppaguercio-Gever (Insider), Anthony Shoemaker (Insider), Robert Singer (Director), Angela Stephens (VP), and Justin Whitmore (Insider). Learn More on Keurig Dr Pepper's active insiders.

Are insiders buying or selling shares of Keurig Dr Pepper?

During the last twelve months, Keurig Dr Pepper insiders bought shares 9 times. They purchased a total of 393,725 shares worth more than $11,913,068.26. During the last twelve months, insiders at the sold shares 9 times. They sold a total of 100,102,132 shares worth more than $2,893,308,641.00. The most recent insider tranaction occured on March, 15th when Major Shareholder Holdings B.V. Jab sold 13,043,478 shares worth more than $376,956,514.20. Insiders at Keurig Dr Pepper own 0.8% of the company. Learn More about insider trades at Keurig Dr Pepper.

Information on this page was last updated on 3/15/2024.

Timothy P. Cofer Insider Trading History at Keurig Dr Pepper

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/8/2023Buy15,000$31.06$465,900.00400,393View SEC Filing Icon  
11/6/2023Buy50,000$31.26$1,563,000.00350,393View SEC Filing Icon  
See Full Table

Timothy P. Cofer Buying and Selling Activity at Keurig Dr Pepper

This chart shows Timothy P Cofer's buying and selling at Keurig Dr Pepper by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Keurig Dr Pepper Company Overview

Keurig Dr Pepper logo
Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages. Its U.S. Coffee segment offers finished goods relating to K-Cup pods, single serve brewers, specialty coffee, and ready to drink coffee products through Keurig.com website. The International segment provides sales in Canada, Mexico, the Caribbean, and other international markets from the manufacture and distribution of branded concentrates, syrup, and finished beverages; and sales in Canada from the manufacture and distribution of finished goods relating to the Company's single serve brewers, KCup pods, and other coffee products. It serves retailers, third-party bottlers and distributors, retail partners, hotel chains, office coffee distributors, and end-use consumers. The company offers its products under the Dr Pepper, Canada Dry, Green Mountain Coffee Roasters, Snapple, Mott's, The Original Donut Shop, Clamato, and Core Hydration brand name. Keurig Dr Pepper Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts.
Read More

Today's Range

Now: $33.72
Low: $33.45
High: $33.99

50 Day Range

MA: $30.41
Low: $28.88
High: $33.84

2 Week Range

Now: $33.72
Low: $27.66
High: $34.65

Volume

9,684,864 shs

Average Volume

8,656,274 shs

Market Capitalization

$46.79 billion

P/E Ratio

21.75

Dividend Yield

2.54%

Beta

0.66