Monster Beverage Corporation (0K34.L) LSE

Currency In USD

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Monster Beverage Corporation

Address

1 Monster Way

Corona, CA 92879

United States of America (the)

Phone

951 739 6200

Sector

Consumer Defensive

Industry

Beverages - Non-Alcoholic

Employees

5527

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Rob GehringChief Executive Officer for Americas1.98M1967
Guy CarlingChief Executive Officer for EMEA & OSP2.12M1977
Hilton H. SchlosbergChief Executive Officer & Vice Chairman5.1M1953
Thomas J. KellyChief Financial Officer1.68M1954
Emelie C. TirreChief Strategy Officer2.25M1970
Mark Stiefel AstrachanSVP of Investor Relations & Corporate Development0N/A
Paul J. DecharySecretary, Executive VP & General Counsel0N/A
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Description

Monster Beverage Corporation, founded in 1985 and based in Corona, California, operates as a global entity dedicated to the innovation, marketing, and distribution of energy beverages and their underlying concentrates. The company's operations are strategically divided into three main segments: Monster Energy Drinks, Strategic Brands, and Other. Its extensive product portfolio encompasses a wide variety of drinks, including numerous carbonated energy formulations, alongside a diverse selection of non-carbonated ready-to-drink options such as iced teas, lemonades, various juice cocktails, single-serve fruit and dairy beverages, coffee drinks, sports hydration drinks, still and sparkling waters, and natural or flavored sodas. These products are offered under a vast array of well-recognized brands, featuring key names like Monster Energy, Reign Total Body Fuel, NOS, Full Throttle, and many others. Monster Beverage employs diverse distribution methods, selling its finished products to bottlers and full-service beverage distributors. It also engages in direct sales to a broad spectrum of retailers, including grocery, specialty, club, mass merchandiser, convenience, drug, and value stores, as well as e-commerce platforms, foodservice establishments, and military outlets. Additionally, the company supplies its concentrates and beverage bases to authorized bottling and canning facilities. The firm adopted its current name in January 2012, having previously operated as Hansen Natural Corporation.

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