Monster Beverage Management

Management criteria checks 3/4

Monster Beverage's CEO is Rodney Sacks, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is $17.88M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth €36.94M. The average tenure of the management team and the board of directors is 3.8 years and 7.4 years respectively.

Key information

Rodney Sacks

Chief executive officer

US$17.9m

Total compensation

CEO salary percentage	6.2%
CEO tenure	3.8yrs
CEO ownership	0.07%
Management average tenure	3.8yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rodney Sacks's remuneration changed compared to Monster Beverage's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$2b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$18m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$15m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$17m	US$950k	US$1b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$1b
Dec 31 2020	US$16m	US$935k	US$1b
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	US$14m	US$850k	US$1b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$14m	US$800k	US$993m
Sep 30 2018	n/a	n/a	US$955m
Jun 30 2018	n/a	n/a	US$906m
Mar 31 2018	n/a	n/a	US$859m
Dec 31 2017	US$13m	US$750k	US$821m

Compensation vs Market: Rodney's total compensation ($USD17.88M) is above average for companies of similar size in the Austrian market ($USD4.35M).

Compensation vs Earnings: Rodney's compensation has been consistent with company performance over the past year.

CEO

Rodney Sacks (74 yo)

3.8yrs

Tenure

US$17,875,482

Compensation

Mr. Rodney Cyril Sacks, H.Dip.Law, H.Dip.Tax has been the Chairman at Monster Beverage Corporation (formerly, Hansen Natural Corporation) since November 1990 and also serves as its Co-Chief Executive Offic...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rodney Sacks	Co-CEO & Chairman	3.8yrs	US$17.88m	0.073% € 36.9m
Hilton Schlosberg	Co-CEO & Vice Chairman	34yrs	US$17.81m	0.23% € 116.7m
Thomas Kelly	Chief Financial Officer	3.8yrs	US$2.35m	0.0077% € 3.9m
Guy Carling	President of EMEA	6.3yrs	US$3.47m	0.0014% € 732.1k
Emelie Tirre	President of the Americas	6.3yrs	US$3.73m	0.0076% € 3.8m

3.8yrs

Average Tenure

70yo

Average Age

Experienced Management: MNST's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rodney Sacks	Co-CEO & Chairman	34yrs	US$17.88m	0.073% € 36.9m
Hilton Schlosberg	Co-CEO & Vice Chairman	34yrs	US$17.81m	0.23% € 116.7m
Gary Fayard	Independent Director	9.4yrs	US$285.01k	0.0013% € 641.2k
Jeanne Jackson	Independent Director	5.4yrs	US$267.57k	no data
Mark Vidergauz	Lead Independent Director	26.4yrs	US$370.01k	0.0060% € 3.0m
James Dinkins	Independent Director	4yrs	US$260.01k	0.0011% € 545.3k
Mark Hall	Director	10.8yrs	US$2.57m	0.031% € 15.4m
Ana Demel	Independent Director	2.9yrs	US$260.00k	no data
Steven Pizula	Independent Director	5.4yrs	US$302.51k	no data
Tiffany Hall	Director	3.1yrs	US$260.00k	no data

7.4yrs

Average Tenure

70yo

Average Age

Experienced Board: MNST's board of directors are considered experienced (7.4 years average tenure).

Monster Beverage Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Director recently sold €12m worth of stock

Monster Beverage Corporation, Annual General Meeting, Jun 13, 2024

Director recently sold €13m worth of stock

Director recently sold €8.8m worth of stock

Lead Independent Director recently sold €221k worth of stock

Recent updates

Third quarter 2024 earnings released: EPS: US$0.38 (vs US$0.43 in 3Q 2023)

Insufficient new directors

Monster Beverage Corporation to Report Q3, 2024 Results on Nov 07, 2024

Monster Beverage Corporation (NasdaqGS:MNST) announces an Equity Buyback for $500 million worth of its shares.

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: US$0.41 (vs US$0.40 in 2Q 2023)

Monster Beverage Corporation to Report Q2, 2024 Results on Aug 07, 2024

Director recently sold €12m worth of stock

Now 20% undervalued after recent price drop

Monster Beverage Corporation (NasdaqGS:MNST) announces an Equity Buyback for $3,000 million worth of its shares.

First quarter 2024 earnings released: EPS: US$0.42 (vs US$0.38 in 1Q 2023)

Monster Beverage Corporation, Annual General Meeting, Jun 13, 2024

Now 23% undervalued after recent price drop

Now 20% undervalued after recent price drop

Director recently sold €13m worth of stock

Full year 2023 earnings released: EPS: US$1.56 (vs US$1.13 in FY 2022)

Monster Beverage Corporation to Report Q4, 2023 Results on Feb 28, 2024

Monster Beverage Corporation (NasdaqGS:MNST) announces an Equity Buyback for $500 million worth of its shares.

Third quarter 2023 earnings released: EPS: US$0.43 (vs US$0.31 in 3Q 2022)

Monster Beverage Corporation to Report Q3, 2023 Results on Nov 02, 2023

Now 20% undervalued after recent price drop

Director recently sold €8.8m worth of stock

Second quarter 2023 earnings released: EPS: US$395 (vs US$0.26 in 2Q 2022)

Monster Beverage Corporation to Report Q2, 2023 Results on Aug 03, 2023

Monster Beverage Corporation (NasdaqGS:MNST) has entered into an Asset Purchase Agreement to acquire Substantially all of the assets of Vital Pharmaceuticals, Inc.

Monster Beverage Corporation(NasdaqGS:MNST) dropped from Russell Top 200 Value Index

Lead Independent Director recently sold €221k worth of stock

President of EMEA recently sold €1.1m worth of stock

First quarter 2023 earnings released: EPS: US$0.38 (vs US$0.28 in 1Q 2022)

President of the Americas recently sold €51k worth of stock

Full year 2022 earnings released: EPS: US$2.26 (vs US$2.61 in FY 2021)

President of EMEA recently sold €1.2m worth of stock

Third quarter 2022 earnings released: EPS: US$0.61 (vs US$0.64 in 3Q 2021)

Monster Beverage Corporation (NasdaqGS:MNST) announces an Equity Buyback for $500 million worth of its shares.

Monster Beverage Corporation to Report Q3, 2022 Results on Nov 03, 2022

Now 22% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: US$0.52 (vs US$0.76 in 2Q 2021)

High number of new directors

Monster Beverage Corporation to Report Q2, 2022 Results on Aug 04, 2022

Monster Beverage Corporation (NasdaqGS:MNST) announces an Equity Buyback for $500 million worth of its shares.

First quarter 2022 earnings released: EPS: US$0.56 (vs US$0.60 in 1Q 2021)

High number of new directors

Benjamin M. Polk Intends Not to Stand for Reelection as Director

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Monster Beverage Corporation Provides Sales Guidance for the Month of January 2022

Monster Beverage Corporation to Report Q4, 2021 Results on Feb 24, 2022

High number of new directors

Monster Beverage Corporation Appoints Ana Demel as Director

Monster Beverage Reportedly Said to Explore Deal with Constellation

Third quarter 2021 earnings released: EPS US$0.64 (vs US$0.66 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.76 (vs US$0.59 in 2Q 2020)

First quarter 2021 earnings released: EPS US$0.60 (vs US$0.52 in 1Q 2020)

Monster Beverage Corporation Provides Sales Guidance for the Month of April 2021

Independent Director has left the company

President of EMEA recently sold €1.2m worth of stock

New 90-day low: €70.02

Monster Beverage Corporation to Report Q4, 2020 Results on Feb 25, 2021

Monster Beverage Corporation(NasdaqGS:MNST) dropped from Russell 1000 Dynamic Index

Monster Beverage Corporation Announces Executive Changes

Monster Beverage Corporation Appoints Mr. Schlosberg as Co-Chief Executive Officer

New 90-day high: €74.26

New 90-day high: €72.92

Third quarter 2020 earnings released: EPS US$0.66

Revenue beats expectations

Monster Beverage Corporation Announces Board Changes

Monster Beverage Corporation to Report Q3, 2020 Results on Nov 05, 2020

New 90-day high - €73.08

First half earnings released

New 90-day high - €69.16