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    Rodney C. Sacks

    Chairman of the Board of Directors, Co-CEO at Monster Beverage
    Board
    Since January 2021
    Age
    75 years
    Tenure
    Joined MNST in November 1990 as a director and Chairman, served as CEO until January 2021, and has held the Co-CEO role since January 2021.

    Also at Monster Beverage

    ECT
    Emelie C. Tirre
    President of the Americas
    GPC
    Guy P. Carling
    President of EMEA

    About

    Rodney C. Sacks is a veteran executive with a long-standing career at Monster Beverage Corporation, where he has played a pivotal role since his appointment in November 1990.

    Throughout his career, he has demonstrated consistent leadership, initially serving as Chairman and CEO before transitioning to his current role as Co-Chief Executive Officer in January 2021. His tenure spans over 35 years, during which he has significantly contributed to the company’s strategic vision and growth in the food and beverage industry.

    At 75 years old, his extensive experience underscores a commitment to long-term corporate success. Notably, his upcoming change in executive responsibility scheduled for June 12, 2025, marks another milestone in his distinguished career, although details about his personal background or educational achievements are not available.

    Past Roles

    OrganizationRoleDate RangeDetails
    Monster Beverage Corporation (MNST) Chief Executive Officer November 1990 - January 2021 Served as CEO before his current roles as Co-CEO and Chairman of the Board.

    Fixed Compensation

    Data from  FY 2024
    Component NameAmount ($)Payment ScheduleAdditional Details
    Salary1,200,000 Annual (2024) Fixed annual salary
    Option Awards3,557,455 Granted on March 14, 2024 153,500 options at an exercise price of $60.30 per share under the 2020 Omnibus Incentive Plan
    All Other Compensation918,566 Annual (2024) Includes Company Automobile ($60,308), 401(k) Matching ($13,163), Benefit Premiums ($88,887), Other Perquisites ($755,610), and Personal Equipment Allowance ($598)

    Performance Compensation

    Data from  FY 2024

    Performance Stock Units (PSUs)

    MetricValueDetails
    Performance Period2024–2026 Three-year performance period based on cumulative adjusted diluted EPS
    Performance MetricAdjusted Diluted EPS (3-year cumulative) Basis for determining PSU awards
    Threshold58,050 shares 50% of target award
    Target116,100 shares 100% of target award
    Maximum232,200 shares 200% of target award
    Vesting ScheduleCliff vest over three years Vesting subject to achieving pre-established performance goals and continued service
    Grant DateMarch 14, 2024 Date on which the PSUs were granted
    Grant Date Fair Value$7,000,830 Aggregate fair value computed on grant date
    Grant Date Stock Price$60.30 Price per share on grant date

    Annual Incentive Awards (AIAs)

    MetricValueDetails
    Financial Performance Threshold$1.9924 billion 50% payout level based on adjusted operating income
    Financial Performance Target$2.2138 billion 100% payout level based on adjusted operating income
    Financial Performance Maximum$2.4352 billion 200% payout level based on adjusted operating income
    Actual Financial Achievement$2.1271 billion Resulted in an 80.4% payout for the financial component
    Individual Performance100% achievement Contributed at a 25% weighting to the overall AIA
    Overall Weighting75% Financial / 25% Individual Combined performance metrics
    Overall AIA Payout85% of target Calculated weighted payout based on performance
    Target AIA Opportunity$1,800,000 Full target payout amount
    Actual AIA Payout$1,535,400 Comprised of approximately $1,085,400 from financial and $450,000 from individual components
    Payment ScheduleQ1 2025 Award paid in the first quarter following the performance year (2024)
    Grant DateEarly 2024 Reference for AIA performance period
    NoteCash-based incentive No grant date fair value or stock price applicable