secwatch.observer — SEC 8-K summary
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Issuer:     Celsius Holdings, Inc. (CELH)
CIK:        0001341766
Form:       8-K
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0001341766-24-000080
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Celsius Holdings reports two board changes: Jim Lee resigns, Hans Melotte appointed
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- Director Jim Lee resigned Sept 19, 2024; resignation linked to his departure from PepsiCo, not due to any disagreement with Celsius.
- PepsiCo retains right to nominate a successor; board seat remains vacant until nomination.
- Board appointed Hans Melotte (former Starbucks President, Global Channel Development) to fill other vacancy, effective Sept 18, 2024.
- Melotte also appointed to Audit and Enterprise Risk Committee and HR and Compensation Committee; term until 2025 annual meeting.
- Melotte brings 30+ years consumer goods experience; also serves on Revlon, Cartamundi, and Pendulum Systems boards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1341766/000134176624000080/0001341766-24-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1341766/000134176624000080/celh-20240918.htm
  HTML page:      https://secwatch.observer/filing/0001341766-24-000080

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