Mark J. Hall resigned as Director at Monster Beverage Corp.
“On June 1, 2026, Mark J. Hall, currently a director on the Board of Directors (the “Board”) of Monster Beverage Corporation (the “Company”), provided notice to the Board and management of the Company of his intention to resign as a director on the Board, effective as of August 1, 2026”
Shareholder Votes
Monster Beverage Corp shareholders approved Approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers at the 2026-05-14 meeting.
“Proposal No. 3. To approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers. In accordance with the results below, the compensation of the Company’s named executive officers was approved on a non-binding, advisory basis. Votes For Votes Against Abstentions Broker Non-Votes 823,312,573 42,628,482 260,592 19,519,201”
Shareholder Votes
Monster Beverage Corp shareholders approved Ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-14 meeting.
“Proposal No. 2. To ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2026. In accordance with the results below, the appointment of Ernst & Young LLP was ratified and approved. Votes For Votes Against Abstentions 885,168,644 340,152 212,052”
Shareholder Votes
Monster Beverage Corp shareholders approved Election of ten directors to serve until the 2027 annual meeting of stockholders at the 2026-05-14 meeting.
“Proposal No. 1. To elect ten directors of the Company to serve until the 2027 annual meeting of stockholders. In accordance with the results below, the following individuals were re-elected as directors of the Company and received the number of votes set opposite their respective names. Director Votes For Votes Against Abstentions Broker Non-Votes Ana Demel 862,378,221 3,609,825 213,601 19,519,201 James L. Dinkins 863,419,283 2,564,360 218,004 19,519,201 William W. Douglas III 861,807,993 4,176,166 217,488 19,519,201 Mark J. Hall 855,092,867 10,497,178 611,602 19,519,201 Tiffany M. Hall 851,841,347 13,320,869 1,039,431 19,519,201 Jeanne P. Jackson 798,763,505 67,224,877 213,265 19,519,201 Steven G. Pizula 851,070,569 14,914,966 216,112 19,519,201 Rodney C. Sacks 852,151,746 13,448,703 601,198 19,519,201 Hilton H. Schlosberg 857,208,955 8,390,930 601,762 19,519,201 Mark S. Vidergauz 755,948,888 102,628,948 7,623,811 19,519,201”
Earnings Releases
Monster Beverage Corp reported first quarter ended March 31, 2026 results: revenue $2.35 billion, net income $569.5 million, EPS $0.58 per share.
“MONSTER BEVERAGE REPORTS 2026 FIRST QUARTER FINANCIAL RESULTS 2026 First Quarter Highlights · Net Sales rise 26.9 percent to $2.35 billion · Operating Income increases 28.1 percent to $730.0 million (24.1 percent to $733.5 million on a non-GAAP adjusted basis) 1 · Net Income increases 28.6 percent to $569.5 million (24.6 percent to $572.4 million on a non-GAAP adjusted basis) · Net Income Per Diluted Share increases 27.6 percent to $0.58 per share (23.7 percent to $0.58 per share on a non-GAAP adjusted basis) 1”
Gary P. Fayard departed as Director at Monster Beverage Corp.
“On April 14, 2025, Gary P. Fayard, currently a director on the Board of Directors (the “Board”) of Monster Beverage Corporation (the “Company”), provided notice to the Board and management of the Company of his intention not to stand for reelection at the 2025 Annual Meeting of the Stockholders (the “2025 Annual Meeting”).”
Hilton H. Schlosberg was appointed as Chief Executive Officer at Monster Beverage Corp.
“Effective June 13, 2025, Hilton H. Schlosberg will serve as the Company’s sole Chief Executive Officer (the “CEO”).”
Rodney C. Sacks departed as Co-Chief Executive Officer at Monster Beverage Corp.
“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”
Governance Changes
Monster Beverage Corp: Adopted majority voting standard for uncontested director elections, retained plurality for contested elections; updated for Delaware law changes and periodic review (effective 2024-11-06).
“On November 6, 2024, the Board approved and adopted the Fourth Amended and Restated By-laws of the Company (the “By-laws”), effective the same day.”
William W. Douglas III was elected as Director at Monster Beverage Corp.
“On November 6, 2024, the Board of Directors (the “Board”) of the Company elected Mr. William “Bill” W. Douglas III to serve as a director of the Company, effective January 1, 2025.”
Emilie Tirre was appointed as Chief Commercial Officer at Monster Beverage Corp.
“appointing Ms. Tirre, who previously served as President of the Americas of the Company, as Chief Commercial Officer of the Company”
Earnings Releases
Monster Beverage Corp reported the three-months ended March 31, 2024 results: revenue $1.90 billion, net income $442.0 million.
“MONSTER BEVERAGE REPORTS 2024 FIRST QUARTER RESULTS -- Record First Quarter Net Sales Rise 11.8 Percent to $1.90 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million, Rise 15.6 Percent (12.6 Percent Exclusive of Argentina’s Impact) -- -- First Quarter Gross Profit as a Percentage of Net Sales Improves to 54.1 Percent -- -- First Quarter Net Income Increases 11.2 Percent to $442.0 Million -- -- Company Currently Intends to Commence Tender Offer to Repurchase up to $3.0 Billion of Common Stock -- Corona, CA – May 2, 2024 – Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2024.”
Earnings Releases
Monster Beverage Corp reported the 2023 fourth quarter results: revenue $1.73 billion, net income $367.0 million.
“Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results -- Record Fourth Quarter Net Sales Rise 14.4 Percent to $1.73 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $27.1 Million, Rise 16.1 Percent -- -- Gross Profit as a Percentage of Net Sales Improves to 54.2 Percent on a Reported Basis and to 54.5 Percent Excluding the Bang Inventory Step-Up -- -- Fourth Quarter Net Income Increases 21.6 Percent to $367.0 Million -- -- Fourth Quarter Net Income, Excluding Alcohol Brands Segment Impairment Charges and the Bang Inventory Step-Up, Increases 33.1 Percent to $401.5 Million -- Corona, CA – February 28, 2024* – Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three- and twelve-months ended December 31, 2023.”
Earnings Releases
Monster Beverage Corp reported the three- and twelve-months ended December 31, 2023 results: revenue $1.73 billion, net income $367.0 million.
“Lin PondelWilkinson Inc. (310) 279-5980 MONSTER BEVERAGE REPORTS 2023 FOURTH QUARTER AND FULL-YEAR FINANCIAL RESULTS -- Record Fourth Quarter Net Sales Rise 14.4 Percent to $1.73 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $27.1 Million, Rise 16.1 Percent -- -- Gross Profit as a Percentage of Net Sales Improves to 54.2 Percent on”
Earnings Releases
Monster Beverage Corp reported third quarter ended September 30, 2023 results: revenue $1.86 billion, net income $452.7 million.
“S. Pondel / Judy Lin PondelWilkinson Inc. (310) 279-5980 MONSTER BEVERAGE REPORTS 2023 THIRD QUARTER FINANCIAL RESULTS -- Record Third Quarter Net Sales Rise 14.3 Percent to $1.86 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $29.2 Million, Rise 16.1 Percent -- -- Gross Profit as a Percentage of Net Sales Improves to 53.0 Percent on”
Earnings Releases
Monster Beverage Corp reported financial results for second quarter ended June 30, 2023.
“Net sales for the 2023 second quarter increased 12.1 percent to $1.85 billion, from $1.66 billion in the same period last year.”
Governance Changes
Monster Beverage Corp: Adopted Third Amended and Restated By-laws to address universal proxy rules, recent changes to DGCL, and other updates including board vacancies, board size alterations, and officer provisions (effective 2023-06-22).
“On June 22, 2023, the Board of Directors (the “Board”) of the Company approved the Third Amended and Restated By-laws of the Company (the “By-laws”), effective the same day.”
Governance Changes
Monster Beverage Corp: Increased authorized common shares from 1,250,000,000 to 5,000,000,000 and added officer exculpation provisions (effective 2023-06-23).
“On June 23, 2023, the Company filed the Second Amended and Restated Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware.”
Shareholder Votes
Monster Beverage Corp shareholders approved To approve the amendment and restatement of the Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation..
“Proposal No. 6. To approve the amendment and restatement of the Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation. In accordance with the results below, the amendment and restatement of the Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation was approved. Votes For Votes Against Abstentions Broker Non-Votes 801,727,927 139,235,367 1,057,905 20,705,421”
Shareholder Votes
Monster Beverage Corp shareholders approved To approve the amendment and restatement of the Amended and Restated Certificate of Incorporation of the Company, as amended, to increase the number of authorized shares of common stock from 1,250,000,000 shares to 5,000,000,000 shares..
“Proposal No. 5. To approve the amendment and restatement of the Amended and Restated Certificate of Incorporation of the Company, as amended (the “Certificate of Incorporation”), to increase the number of authorized shares of common stock, par value $0.005 per share, from 1,250,000,000 shares to 5,000,000,000 shares. In accordance with the results below, the amendment and restatement of the Certificate of Incorporation to increase the number of authorized shares of common stock from 1,250,000,000 shares to 5,000,000,000 shares was approved. Votes For Votes Against Abstentions 675,977,358 285,827,334 921,928”
Shareholder Votes
Monster Beverage Corp shareholders approved To approve, on a non-binding, advisory basis, the frequency with which stockholders will approve the compensation of the Company’s named executive officers..
“Proposal No. 4. To approve, on a non-binding, advisory basis, the frequency with which stockholders will approve the compensation of the Company’s named executive officers. In accordance with the results below, the Board of Directors of the Company determined that it will include a non-binding, advisory vote on the compensation of the Company’s executive officers in its proxy materials every year until the next advisory vote on the frequency of stockholder votes on executive compensation. One Year Two Years Three Years Abstentions Broker Non-Votes 938,081,848 113,101 3,420,415 405,835 20,705,421”
Shareholder Votes
Monster Beverage Corp shareholders approved To approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers..
“Proposal No. 3. To approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers. In accordance with the results below, the compensation of the Company’s named executive officers was approved on a non-binding, advisory basis. Votes For Votes Against Abstentions Broker Non-Votes 890,362,524 50,795,041 863,634 20,705,421”
Shareholder Votes
Monster Beverage Corp shareholders approved To ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023. at the 2023-12-31 meeting.
“Proposal No. 2. To ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023. In accordance with the results below, the appointment of Ernst & Young LLP was ratified and approved. Votes For Votes Against Abstentions 949,556,160 12,802,387 368,073”
Shareholder Votes
Monster Beverage Corp shareholders approved To elect ten directors of the Company to serve until the 2024 annual meeting of stockholders..
“Proposal No. 1. To elect ten directors of the Company to serve until the 2024 annual meeting of stockholders. In accordance with the results below, the following individuals were re-elected as directors of the Company and received the number of votes set opposite their respective names. Director Votes For Votes Withheld Broker Non-Votes Rodney C. Sacks 883,150,024 58,871,175 20,705,421 Hilton H. Schlosberg 912,477,041 29,544,158 20,705,421 Mark J. Hall 932,298,221 9,722,978 20,705,421 Ana Demel 907,104,113 34,917,086 20,705,421 James L. Dinkins 936,385,071 5,636,128 20,705,421 Gary P. Fayard 924,511,757 17,509,442 20,705,421 Tiffany M. Hall 937,193,806 4,827,393 20,705,421 Jeanne P. Jackson 930,837,467 11,183,732 20,705,421 Steven G. Pizula 901,066,778 40,954,421 20,705,421 Mark S. Vidergauz 892,657,832 49,363,367 20,705,421”
Earnings Releases
Monster Beverage Corp reported the first quarter ended March 31, 2023 results: revenue $1.70 billion, net income $397.4 million, EPS $0.38.
“Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2023. The Company achieved record first quarter net sales of $1.70 billion”
Earnings Releases
Monster Beverage Corp reported Q4 2022 results: revenue Net sales increased 6.2% to $1.51 billion.
“Net sales for the 2022 fourth quarter increased 6.2 percent to $1.51 billion from $1.43 billion in the same period last year.”
Auditor Changes
Monster Beverage Corp engaged Ernst & Young LLP as its auditor.
“on January 11, 2023, the Audit Committee approved the engagement of Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023”
Earnings Releases
Monster Beverage Corp reported the three- and nine-months ended September 30, 2022 results: revenue $1.62 billion.
“Pondel / Judy Lin Sfetcu PondelWilkinson Inc. (310) 279-5980 MONSTER BEVERAGE REPORTS 2022 THIRD QUARTER FINANCIAL RESULTS -- Record Third Quarter Net Sales Rise 15.2 Percent to $1.62 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $71.3 million, Rise 20.2 Percent -- -- Pricing Actions Positively Impact Gross Margins -- -- Board Authorizes”
Benjamin M. Polk departed as Director at Monster Beverage Corp.
“On April 19, 2022, current director Benjamin M. Polk provided notice to the Company of his intention not to stand for reelection at the 2022 Annual Meeting of Stockholders (the “ 2022 Annual Meeting ”).”
Ana Demel was elected as Director at Monster Beverage Corp.
“On December 30, 2021, the Board of Directors (the “Board”) of Monster Beverage Corporation (the “Company”) elected Ms. Ana Demel to serve as a director of the Company, effective as of December 31, 2021.”
Tiffany M. Hall was elected as director at Monster Beverage Corp.
“On September 30, 2021, the Board of Directors (the "Board") of Monster Beverage Corporation (the “Company”) elected Ms. Tiffany M. Hall to serve as a director of the Company, effective as of October 1, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.