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Monster Beverage Corporation (MNST)

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52.10-0.60 (-1.14%)
As of 09:57AM EDT. Market open.

Monster Beverage Corporation

1 Monster Way
Corona, CA 92879
United States
951 739 6200
https://www.monsterbevcorp.com

Sector(s)Consumer Defensive
IndustryBeverages - Non-Alcoholic
Full-time employees5,254

Key executives

NameTitlePayExercisedYear born
Mr. Rodney Cyril Sacks H.Dip.Law, H.Dip.TaxCo-CEO & Chairman4.13M130.62M1950
Mr. Hilton H. SchlosbergCo-CEO & Vice Chairman4.06M130.62M1953
Mr. Thomas J. KellyChief Financial Officer1.46M3.61M1954
Mr. Guy P. CarlingPresident of EMEA1.68M2.13M1977
Ms. Emelie C. TirrePresident of the Americas1.94M6.23M1970
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other. It offers carbonated non-carbonated energy drinks, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages. The company sells its products to full service beverage bottlers/distributors, retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience chains, food service customers, value stores, e-commerce retailers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. It provides its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Nitro, Java Monster, Punch Monster, Juice Monster, Muscle Monster, Espresso Monster, Monster Tour Water, Fury, Monster MAXX, Caffe Monster, Monster Hydro, Monster HydroSport Super Fuel, Monster Dragon Tea, Reign Total Body Fuel, and Reign Inferno Thermogenic Fuel, Reign Storm, Bang Energy, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, and Fury brands. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

Corporate governance

Monster Beverage Corporation’s ISS governance QualityScore as of 1 May 2024 is 9. The pillar scores are Audit: 10; Board: 9; Shareholder rights: 5; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.