LONDON (Reuters) - JAB Holding Co, the private owner of coffee and restaurant businesses including Keurig Dr Pepper
Becht, a consumer industry veteran and former CEO of Reckitt Benckiser
"After almost 40 years in the branded consumer business, I have decided it is time to refocus my activities and retire,” Becht said in a statement.
The news comes days after Coty
JAB, which also controls coffee business Jacobs Douwe Egberts and restaurant Panera Bread, will continue to be run by Peter Harf and Olivier Goudet.
It is, however, bringing in three new executives - Fabien Simon, Ricard Rittes and Jacek Szarzynski.
Simon will be the group's chief financial officer, Rittes will lead expansion into emerging markets by opening a new office in Brazil, and Szarzynski will be lead operating partner for the newly created Pret Panera Holding Co.
All three executives have experience at Mars or Anheuser-Busch InBev
(Reporting by Martinne Geller; Editing by Mark Potter)