Monster Beverage Corp Elects Matthew Burroughs as Chief Accounting Officer

What Happened

• On September 3, 2026, Monster Beverage Corporation's Board elected Matthew S. Burroughs (age 57) to serve as Chief Accounting Officer and Deputy Chief Financial Officer. Mr. Burroughs joined the company in October 2006 and has held multiple senior finance and accounting roles during his tenure.

Key Details

• Effective date of election: September 3, 2026.
• Tenure: Joined Monster in October 2006 (about 20 years of service).
• Prior roles include Deputy CFO, Senior Vice President of Corporate Finance, Senior VP Corporate Controller, and other senior controller positions; responsibilities have included Global Accounting, SEC Reporting, Global Tax, Treasury, and Investor Relations.
• Education: Bachelor of Arts in Economics and Accounting from Claremont McKenna College.
• Corporate governance notes: No arrangements or understandings led to his selection; no related-party transactions reportable under Item 404(a) of Regulation S-K; no family relationship with any director or executive officer.

Why It Matters

• This is an internal appointment to two key finance roles (Chief Accounting Officer and Deputy CFO), signaling continuity in Monster’s financial leadership and oversight of accounting, SEC reporting and other finance functions.
• For investors, the change is a governance update rather than a change in overall strategy or executive control; the filing does not disclose compensation or related-party issues.