Director Mark J. Hall to exit Monster Beverage (NASDAQ: MNST) board and role
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Monster Beverage Corporation reported that director Mark J. Hall has notified the Board of his intention to resign. He plans to step down from the Board effective August 1, 2026, and from his role as an employee of Monster Energy US LLC effective April 1, 2027. The company states that Mr. Hall’s decision is not due to any disagreement with Monster Beverage, its subsidiary, management, the Board, or any Board committee. Following his Board resignation, the company will reduce the size of its Board from ten to nine directors, consistent with its Fourth Amended and Restated By-laws.
Positive
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
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.
Key Figures
Board resignation effective date: August 1, 2026
Employment resignation effective date: April 1, 2027
Board size after change: 9 directors
+1 more
4 metrics
Board resignation effective date
August 1, 2026
Effective date of Mark J. Hall’s resignation from Board
Employment resignation effective date
April 1, 2027
Effective date of Mark J. Hall’s resignation from MEUS
Board size after change
9 directors
Board reduced from ten to nine directors after August 1, 2026
Board size before change
10 directors
Board size prior to Mark J. Hall’s resignation
Key Terms
Emerging growth company, Board of Directors, Compensatory Arrangements of Certain Officers, Fourth Amended and Restated By-laws
4 terms
Emerging growth company regulatory
"Emerging growth company Item 5.02 Departure of Directors or Certain Officers;"
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.
Board of Directors financial
"currently a director on the Board of Directors (the “Board”) of Monster Beverage"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Compensatory Arrangements of Certain Officers financial
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers."
Fourth Amended and Restated By-laws regulatory
"pursuant to the Fourth Amended and Restated By-laws of the Company, as amended through November 6, 2024."
FAQ
Why is Mark J. Hall resigning from Monster Beverage (MNST)?
Mark J. Hall is resigning as a director and later as an employee, and has stated his decision is not due to any disagreement with Monster Beverage, its subsidiary, management, the Board, or any Board committee, according to the company’s disclosure.
When will Mark J. Hall leave the Monster Beverage (MNST) Board?
Mark J. Hall will resign from Monster Beverage’s Board of Directors effective August 1, 2026. He will continue as an employee of Monster Energy US LLC until April 1, 2027, providing a transition period for both governance and operational roles.
When does Mark J. Hall stop being an employee of Monster Energy US LLC?
Mark J. Hall will cease being an employee of Monster Energy US LLC on April 1, 2027. Until that date, he remains employed by the subsidiary, even though his Board seat at Monster Beverage will end earlier on August 1, 2026.
How will Mark J. Hall’s resignation affect the Monster Beverage (MNST) Board size?
After Mark J. Hall resigns from the Board on August 1, 2026, Monster Beverage will reduce the Board size from ten to nine directors. This change is being made in accordance with the company’s Fourth Amended and Restated By-laws.
Who signed the Monster Beverage (MNST) report about Mark J. Hall’s resignation?
The report regarding Mark J. Hall’s resignation was signed by Hilton H. Schlosberg, who serves as Vice Chairman of the Board of Directors and Chief Executive Officer of Monster Beverage Corporation, acting on behalf of the company.