Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) has had its share of troubles in the past year or so. Today, though, the company has announced that it has found a new president and chief executive officer, Brian Kelley, who had recently been named as president of the North America business unit of The Coca-Cola Co. (NYSE: KO). Kelley was scheduled to begin his new position with Coke in January.
Kelley replaces Larry Blanford as CEO effective December 3. Blanford had signed a contract with Green Mountain through December of 2013, and the company’s interim board chairman said that although the transition to a new CEO was a little early, “Larry is totally ok with that.”
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