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Monster Beverage Corporation (MNST)

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At close: 04:00PM EDT
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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 employees3,458

Key executives

NameTitlePayExercisedYear born
Mr. Rodney Cyril Sacks H.Dip.Law, H.Dip.TaxCo-CEO & Chairman3.18MN/A1950
Mr. Hilton H. SchlosbergCo-CEO & Vice Chairman3.16MN/A1953
Mr. Thomas J. KellyChief Financial Officer958.12kN/A1954
Mr. Guy P. CarlingPres of EMEA1.25M1.57M1977
Ms. Emelie C. TirrePres of the Americas1.31M4.54M1970
Amounts are as of 31 December 2021, 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, and Other. It offers carbonated energy drinks, non-carbonated, 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 bottlers, full-service beverage distributors, as well as sells directly to retail grocery and speciality chains, wholesalers, club stores, mass merchandisers, convenience chains, drug stores, foodservice 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, Muscle Monster, Espresso Monster, Punch Monster, Juice Monster, Monster Hydro Energy Water, Monster Hydro Super Sport, Monster HydroSport Super Fuel, Monster Super Fuel, Monster Dragon Tea, Reign Total Body Fuel, and Reign Inferno Thermogenic Fuel, as well as NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, Fury, and True North 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 2022 is 9. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 6; Compensation: 7.

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.