Monster Beverage (MNST) said late Monday that Hilton H. Schlosberg will serve as its sole chief executive officer from June 13.
Rodney C. Sacks, currently co-chief executive officer, will resign on June 12, ahead of his retirement on Dec. 31, 2026.
Sacks will continue to serve as chairman, subject to his re-election at the annual meeting of stockholders this year and next.
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