Monster Beverage Co-CEO Rodney C. Sacks to Step Down; Hilton H. Schlosberg to Become Sole CEO

Monster Beverage Corp

Rodney C. Sacks will resign as Co-CEO effective 11:59 p.m. on June 12, 2025, and remain Chairman until Dec 31, 2026.
Hilton H. Schlosberg will become sole CEO of Monster Beverage Corporation effective June 13, 2025.
Sacks entered a transition letter agreement; base salary set at $900,000 annually from July 1, 2025.
Sacks will oversee strategic direction of marketing, innovation, and litigation until employee retirement on Dec 31, 2026.
After retirement, Sacks will serve as non-employee director through 2027 annual meeting.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Hilton H. Schlosberg

Chief Executive Officer

MNST · Monster Beverage Corp

Effective: 2025-06-13
Filed: March 10, 2025, 7:59 PM ET

Effective June 13, 2025, Hilton H. Schlosberg will serve as the Company’s sole Chief Executive Officer (the “CEO”).

Departed

Rodney C. Sacks

Co-Chief Executive Officer

MNST · Monster Beverage Corp

Effective: 2025-06-12
Successor: Hilton H. Schlosberg
Filed: March 10, 2025, 7:59 PM ET

Rodney C. Sacks, age 75, currently Co-Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Monster Beverage Corporation (the “Company”), notified the Board and management of the Company on March 10, 2025 that in connection with his anticipated retirement, he will resign as Co-Chief Executive Officer of the Company, effective as of 11:59 p.m. on June 12, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Hilton H. Schlosberg was appointed as Chief Executive Officer at Monster Beverage Corp.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Effective June 13, 2025, Hilton H. Schlosberg will serve as the Company’s sole Chief Executive Officer (the “CEO”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rodney C. Sacks departed as Co-Chief Executive Officer at Monster Beverage Corp.

Action: resign
Role: Co-Chief Executive Officer

Exact text from the filing

Rodney C. Sacks, age 75, currently Co-Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Monster Beverage Corporation (the “Company”), notified the Board and management of the Company on March 10, 2025 that in connection with his anticipated retirement, he will resign as Co-Chief Executive Officer of the Company, effective as of 11:59 p.m. on June 12, 2025

View on SEC.gov

Monster Beverage Corp filing history →

Source: SEC EDGAR

accession 0001104659-25-022230

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