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Celsius Holdings (CELH) overhauls leadership as Hanson exits COO role

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Celsius Holdings, Inc. reported leadership changes tied to an organizational realignment supporting its total energy portfolio strategy. Effective August 10, 2026, Eric Hanson, President and Chief Operating Officer, departed the company and is eligible for severance benefits under the Executive Severance Pay Plan, subject to plan conditions.

Effective the same date, Tyler Bohannon, previously EVP of North American Sales, was appointed Chief Commercial Officer, leading field sales, key retailer accounts, DSD operations and revenue growth management. Effective July 1, 2026, Tony Guilfoyle, formerly Chief Customer Officer, was appointed to the newly created role of Chief Business Transformation Officer, overseeing enterprise-wide initiatives focused on cross-functional execution, operational excellence, AI adoption and capability building. The company describes these moves as aligning leadership with long-term portfolio growth strategy.

Positive

  • None.

Negative

  • President & COO departure: Eric Hanson, President and Chief Operating Officer, departed effective August 10, 2026, representing a significant change in senior leadership.

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Analyzing...

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Effective date of Eric Hanson departure August 10, 2026 President and Chief Operating Officer departure effective date
Effective date of Bohannon CCO appointment August 10, 2026 Tyler Bohannon named Chief Commercial Officer
Effective date of Guilfoyle CBTO appointment July 1, 2026 Tony Guilfoyle named Chief Business Transformation Officer
Par value of common stock $0.001 per share Common Stock, $0.001 par value per share listed on Nasdaq Capital Market
Regulation FD regulatory
"Item 7.01 Regulation FD Disclosure. The Company issued a press release"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
Executive Severance Pay Plan financial
"eligible to receive severance benefits under the Company’s Executive Severance Pay Plan"
emerging growth company regulatory
"Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Private Securities Litigation Reform Act of 1995 regulatory
"forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
forward-looking statements financial
"This press release contains statements by Celsius Holdings, Inc. that are not historical facts and are considered forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What leadership changes did Celsius Holdings (CELH) announce on August 10, 2026?

Celsius Holdings announced that Eric Hanson, President and COO, departed, while Tyler Bohannon became Chief Commercial Officer and Tony Guilfoyle assumed the new role of Chief Business Transformation Officer as part of an organizational realignment.

When did Eric Hanson depart Celsius Holdings (CELH) and what are his severance rights?

Eric Hanson departed Celsius Holdings effective August 10, 2026. He is eligible for severance benefits under the company’s Executive Severance Pay Plan, subject to satisfying the conditions set forth in that plan.

What is the new role of Tyler Bohannon at Celsius Holdings (CELH)?

Effective August 10, 2026, Tyler Bohannon was appointed Chief Commercial Officer, responsible for field sales, key retailer accounts, DSD operations and revenue growth management across Celsius Holdings’ portfolio of beverage brands.

What responsibilities will Tony Guilfoyle have in his new position at Celsius Holdings (CELH)?

Effective July 1, 2026, Tony Guilfoyle became Chief Business Transformation Officer, leading enterprise-wide initiatives to strengthen cross-functional execution, enhance operational excellence, support AI adoption and build capabilities for Celsius Holdings’ multi-brand portfolio growth.

How do the leadership changes support Celsius Holdings (CELH) total energy portfolio strategy?

Celsius Holdings states the leadership changes are designed to align its structure with executing its total energy portfolio strategy by strengthening the commercial organization and enterprise capabilities to support growth of its scaled, multi-brand functional beverage portfolio.
NASDAQ false 0001341766 0001341766 2026-08-10 2026-08-10
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 10, 2026

 

 

CELSIUS HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Nevada   001-34611   20-2745790
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

2381 NW Executive Center Drive, Boca Raton, Florida   33431
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (561) 276-2239

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of Each Exchange

on Which Registered

Common Stock, $0.001 par value per share   CELH   Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective August 10, 2026, Mr. Eric Hanson, President and Chief Operating Officer, departed from Celsius Holdings, Inc. (the “Company”). Mr. Hanson is eligible to receive severance benefits under the Company’s Executive Severance Pay Plan in connection with his departure from the Company, subject to certain conditions of the plan.

Item 7.01 Regulation FD Disclosure.

The Company issued a press release on August 10, 2026 announcing the departure of Mr. Hanson and certain other management changes and is furnishing the information included as Exhibit 99.1 to this Current Report on Form 8-K which is incorporated by reference in this Item 7.01.

The information contained in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 furnished herewith, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit No    Description
99.1    Press Release of Celsius Holdings, Inc. dated August 10, 2026
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    CELSIUS HOLDINGS, INC.
Date: August 10, 2026     By:  

/s/ Richard Mattessich

      Richard Mattessich, Chief Legal Officer

Exhibit 99.1

 

LOGO

Celsius Holdings Announces Leadership Changes as Part of

Organizational Realignment to Support its Total Energy Portfolio

Strategy

Tyler Bohannon, EVP of North American Sales, appointed Chief Commercial Officer

Tony Guilfoyle appointed to newly created role of Chief Business Transformation Officer

Eric Hanson, President and Chief Operating Officer, has departed from the Company

BOCA RATON, Fla., Aug. 10, 2026 — Celsius Holdings, Inc. (Nasdaq: CELH) (“Celsius Holdings” or “the Company”) today announced leadership changes designed to further align the Company’s leadership structure with the continued execution of its total energy portfolio strategy.

Celsius Holdings’ EVP of North American Sales, Tyler Bohannon, has been appointed Chief Commercial Officer, effective Aug. 10, 2026. In this role, Bohannon will lead key elements of the Company’s commercial organization and strategy, with responsibility for field sales, key retailer accounts, DSD operations and revenue growth management across the Company’s portfolio of brands.

Tony Guilfoyle, former Chief Customer Officer of Celsius Holdings, was appointed to the newly created role of Chief Business Transformation Officer, effective July 1, 2026. In this role, Guilfoyle is leading enterprise-wide initiatives focused on strengthening cross-functional execution, advancing operational excellence, supporting AI adoption and building the capabilities needed to support Celsius Holdings’ continued growth as a scaled multi-brand portfolio.

In addition to the new appointments, Eric Hanson, President and Chief Operating Officer, has departed from the Company. Since his appointment in early 2025, Hanson has helped unlock additional value from the Company’s strategic partnerships and optimize the integration of recent acquisitions.

“Together with our Board, we continue to take action to ensure our leadership structure evolves alongside the priorities and opportunities of the business,” said John Fieldly, Chairman and Chief Executive Officer of Celsius Holdings. “Strengthening our commercial organization and enterprise capabilities is an important part of our long-term strategy to grow our scaled portfolio of leading brands, and these actions have been evaluated and discussed over the past several months.”

Fieldly continued, “Tyler and Tony have each played important roles in helping Celsius scale. Tyler has helped build a strong commercial organization and deepen our partnership with PepsiCo, while Tony has helped strengthen operational execution and will now lead enterprise-wide initiatives focused on execution and capability building. We are confident that together they are well positioned to support the continued growth of our total energy portfolio and capitalize on the growing consumer demand for Modern Energy. We also want to thank Eric for his contributions to Celsius and wish him all the best in his future endeavors.”


Bohannon has served as EVP of North American Sales since February 2025 and has played a key role in deepening the Company’s partnership with PepsiCo and supporting the successful integration of both Alani Nu and Rockstar Energy. Bohannon has more than 20 years of experience in the beverage industry and previously served as Celsius Holdings’ Executive Vice President of Field Sales. Prior to joining Celsius Holdings, he held key leadership roles at major beverage companies including Nestlé Waters, Coors Brewing, Rockstar Energy and PepsiCo, where he led DSD operations and eCommerce.

Guilfoyle previously served as Celsius Holdings’ Chief Commercial Officer from 2024 and, from February 2026, as Chief Customer Officer, until his appointment to his new role in July 2026, helping scale the Company’s commercial capabilities during a period of significant growth. Under his leadership, the sales organization expanded substantially and earned industry and customer recognition. Having built much of the Company’s commercial field infrastructure and supported its recent integration and distribution transitions, Guilfoyle steps into the new role as the Company continues to advance its long-term portfolio growth strategy. Prior to joining Celsius Holdings in 2020, he served as the EVP of Sales for Rockstar Energy Drink for more than a decade.

About Celsius Holdings, Inc.

Celsius Holdings, Inc. (Nasdaq: CELH) is a functional beverage company and the owner of energy drink brand CELSIUS®, health and wellness brand Alani Nu® and Rockstar Energy®. Born in fitness and pioneering the rapidly growing, better-for-you, functional beverage category, the company creates and markets leading functional beverage products. For more information, please visit www.celsiusholdingsinc.com.

Contact

Paul Wiseman

Investors: investorrelations@celsius.com

Press: press@celsius.com

Forward-Looking Statements

This press release contains statements by Celsius Holdings, Inc. that are not historical facts and are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, our prospects, plans, business strategy, initiatives for commercial organization and enterprise capabilities, expectations regarding portfolio growth and scale and leadership changes and the effects thereof. You can identify these statements by the use of words such as “accelerating,” “advancing,” “believe,” “building,” “continue,” “designed,” “ensure,” “focused,” “future,” “growth,” “initiatives,” “positioned,” “strategy,” “strengthening,” “support,” “will,” variations of these terms, the negatives of such terms and similar expressions. These statements are based on certain assumptions that we have made in light of our experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate in these circumstances. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. You should not rely on forward-looking statements because our actual results may differ materially from those indicated by forward-looking statements as a result of a number of important factors. These factors include, but are not limited to: changes to our commercial agreements with PepsiCo, Inc.; management’s plans and objectives for international expansion and global operations; general economic and business conditions; our business strategy for expanding our presence in our industry; our expectations of revenue; operating costs and profitability; our expectations regarding our strategy and investments; the impact of leadership changes; our ability to successfully integrate business that we may acquire, our ability to achieve the benefits that we expect to realize as a result of our acquisitions, the potential negative impact on our financial condition and results of operations if we fail to achieve the benefits that we expect to realize as a result of our business acquisitions, liabilities of the businesses that we acquire that are not known to us; our expectations regarding our business, including market opportunity, consumer demand and our competitive advantage; anticipated trends in our financial condition and results of operation; the impact of competition and technology change; existing and future regulations affecting our business; the Company’s ability to comply with the rules and regulations of the Securities and Exchange Commission (the “SEC”); ongoing and potential litigation matters; the impact of third parties attempting to replicate our product attributes; and those other risks and uncertainties discussed in our most recently filed Annual Report on Form 10-K and in our other reports filed with the Securities and Exchange Commission, including our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date the statements were made. We do not undertake any obligation to update forward-looking information, except to the extent required by applicable law.

Filing Exhibits & Attachments

4 documents