Keurig Dr Pepper CEO resigns over ‘violations’ to company’s code of conduct

Keurig Dr Pepper said Ozan Dokmecioglu, who took over the CEO role in late July, is resigning for what the company said was “due to violations of the company’s code of conduct.”

The beverage giant did not specify the violation, and added that his departure was “unrelated to strategy, operations or financial reporting.” Bob Gamgort, the company’s current executive chairman and former CEO, was reappointed to his former job. He also will continue as chairman.

“Keurig Dr Pepper’s Code of Conduct is built on a foundation of ethics, integrity and personal responsibility.  Every employee, without exception, is accountable for knowing and following the Code,” said Paul S. Michaels, lead director of the Keurig Dr Pepper’s board.