Bob Gamgort has sold Americans Kool-Aid, Snickers bars and Duncan Hines cake mix. Now he has to prove he can pull off one of the biggest beverage deals of all time. The veteran food-industry executive is set to lead Keurig Dr Pepper, the proposed merger of Keurig Green Mountain Inc. with Dr Pepper Snapple Group Inc. that would create a coffee and soda giant with annual sales of $11 billion. The $19 billion cash deal, announced last week, thrusts Mr. Gamgort into his most public and challenging role: marrying popular but struggling...

Source: Wall Street Journal February 06, 2018 13:00 UTC