Vending

Monster Beverage names Shlosberg co-CEO, promotes Kelly

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January 15, 2021

Monster Beverage Corp. has named longtime senior executive Hilton Schlosberg as co-chief executive officer, a role he will share with Rodney Sacks, who has served as the CEO since 1990, according to a press release.

Schlosberg has simultaneously resigned his positions as president, chief financial officer, chief operating officer and secretary of the company.

Sacks will continue as chairman of the board and Schlosberg will continue as vice chairman.

The company also announced that Thomas Kelly, who has served as executive vice president, finance, and/or controller and secretary since 1992, was elected to succeed Schlosberg in his senior leadership role.