Keurig Green Mountain, Inc. announced yesterday that Peter G. Leemputte will join the company in June 2015 and will assume the role of Chief Financial Officer and Treasurer effective August 17, 2015.
He will succeed current Chief Financial Officer and Treasurer, Fran Rathke, who will continue to serve in the role until that date.
As previously disclosed, to ensure a smooth transition, Ms. Rathke will then become Senior Advisor to the Chief Executive Officer and will remain with the Company through September 2015.
Mr. Leemputte brings over 30 years of experience in corporate finance leadership positions. Most recently he served as Chief Financial Officer of Mead Johnson Nutrition Company from 2008 to March 2015 overseeing a number of functions, including accounting and reporting, financial planning, audit, tax, treasury, investor relations and information technology.
Prior to that, he was Chief Financial Officer of Brunswick Corporation (NYSE: BC) from 2003 through 2008. Mr. Leemputte has also held numerous leadership roles, including positions at Chicago Title & Trust, Armco, FMC Corporation (NYSE:FMC) and Amoco.
“Pete’s thirty-plus years of financial experience, including more than a dozen years as a public company CFO, will contribute immediately to our efforts,” said President and CEO Brian Kelley.
“Pete brings significant skills to numerous corporate and leadership initiatives and I am confident that Keurig will benefit from his knowledge and perspective as we continue to grow our hot beverage platforms and move toward the launch of our innovative Keurig KOLD beverage system this fall.”
“Keurig is a unique and innovative company and I am very excited to become part of the company’s exciting future,” said Leemputte. “I look forward to helping the company capitalize on the many opportunities that lie ahead in collaboration with my new colleagues.”
