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Rodney Sacks, co-chief executive officer and chairman of Monster Beverage, has formally submitted his resignation, effective June 12 2025, as part of a planned retirement strategy.
This transition comes at a time when the food and beverage manufacturing landscape is increasingly influenced by innovations in cellular agriculture and sustainability.
Sacks, aged 75, notified the company’s board on March 10 2025, detailing his intention to step down from his dual roles. Following his departure, Hilton H Schlosberg will assume the position of sole CEO starting June 13 2025.
This leadership change is particularly noteworthy as Monster Beverage continues to navigate a rapidly evolving market characterised by growing consumer interest in sustainable and alternative food sources.
According to a regulatory filing with the US Securities and Exchange Commission, Sacks will remain actively involved with the company beyond his official resignation, continuing as chairman of the board and maintaining a strategic role in marketing, innovation and litigation efforts until his retirement as an employee on December 31 2026.
The transition agreement stipulates an annual salary of $900,000 starting July 1 2025, along with performance-based incentives and benefits.
Sacks’ ongoing involvement is indicative of Monster Beverage's commitment to ensuring a seamless transition in leadership, particularly as the company faces challenges and opportunities presented by emerging trends in the beverage industry.