Torres brings three decades of consumer products leadership, managing multi-billion-dollar global businesses, building household brands, and guiding large organizations through complex enterprise transformations. He joins from Kimberly-Clark Corp., where he currently serves as president and chief operating officer, overseeing operations in more than 30 countries.

“Russ is a proven leader with extensive experience building consumer brands, guiding global organizations through complex change, and delivering consistent results with high performing teams. That is precisely what Global Coffee Co. requires,” said Pamela Patsley, KDP Board Chairman who will serve as Chairman of the Board of the future Global Coffee Co., in a statement. “Following a rigorous global search against a demanding set of criteria, Russ emerged as the clear choice. I look forward to partnering with Russ to establish Global Coffee Co. as the world's largest pure play coffee powerhouse.”

Cofer added: “Russ brings the right combination of commercial drive, brand-building pedigree, and operational discipline needed to stand up Global Coffee Co. for long-term growth. Our base business is healthy, integration and deleveraging work is on plan, and Russ joins with meaningful runway to engage our teams, drive synergy realization, and shape strategy well ahead of separation. He has spent his career accelerating growth across major global portfolios while executing large-scale transformations, and I am thrilled to welcome him to the organization.”

Regarding joining the company, Torres stated: “This is an extraordinary opportunity to build the company that will shape the future of coffee. Coffee is one of the most exciting and resilient categories in consumer goods today. With the remarkable talent across this business and powerhouse brands like Keurig, Peet’s, L’OR, Jacobs and Green Mountain Coffee Roasters, Global Coffee Co. is uniquely positioned to drive growth, deliver game-changing innovations, and delight consumers around the world. I am looking forward to working with the team to create real value in a category people love.”

Across a 30-year career in consumer goods, Torres has established a proven track record of accelerating growth across scaled global businesses. Prior to his appointment as president and chief operating officer of Kimberly-Clark, he served as group president of North America, where he drove accelerated, profitable top-line growth. Earlier in his career, Torres held senior executive leadership roles at Newell Brands, Bain & Co., and Mondelēz International (formerly Kraft Foods). Torres holds an MBA from the Kellogg School of Management at Northwestern University and a Bachelor of Arts in Physics from Dartmouth College.

Upon separation, Global Coffee Co. will generate approximately $16 billion in annual revenue, employ more than 25,000 people, and serve consumers in more than 100 markets. The company will offer an unmatched portfolio spanning single-serve systems, roast and ground, whole bean, soluble, ready-to-drink, and away-from-home formats through iconic power brands including Keurig, Jacobs, Peet’s, L’OR, and Green Mountain Coffee Roasters alongside beloved regional favorites.