WATERBURY, Vt. (AP) — Green Mountain Coffee Roasters Inc. has picked a new CEO, Coca-Cola executive Brian Kelley, as the coffee company deals with slowing sales growth.
Kelley, 51, will also become president and join the board, effective Dec. 3.
Shares added $1.66, or 6 percent, to $28.99 in afternoon trading. The stock had dropped 39 percent this year.
Green Mountain Coffee had said earlier...