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Celsius Holdings Appoints Hans Melotte to the Company’s Board of Directors

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Celsius Holdings, Inc. (Nasdaq: CELH), maker of CELSIUS® energy drinks, has announced the appointment of Hans Melotte to its board of directors as an independent director. Melotte, with over 30 years of experience in consumer goods companies, joins the board's Audit and Enterprise Risk Committee and Human Resources and Compensation Committee. He previously held executive roles at Starbucks and Johnson & Johnson.

Simultaneously, Jim Lee, a PepsiCo designee, has resigned from the Celsius Holdings board following his departure from PepsiCo. Lee's board seat will remain vacant until PepsiCo nominates a successor. Celsius Holdings Chairman and CEO, John Fieldly, expressed gratitude for Lee's service and welcomed Melotte, citing his strong operational experience and global perspective on CPG business growth.

Celsius Holdings, Inc. (Nasdaq: CELH), produttore delle bevande energetiche CELSIUS®, ha annunciato la nomina di Hans Melotte nel suo consiglio di amministrazione come direttore indipendente. Melotte, con oltre 30 anni di esperienza in aziende di beni di consumo, si unisce al Comitato di Revisione e Rischi Aziendali e al Comitato per le Risorse Umane e la Compensazione del consiglio. In precedenza ha ricoperto ruoli dirigenziali presso Starbucks e Johnson & Johnson.

In contemporanea, Jim Lee, designato da PepsiCo, si è dimesso dal consiglio di Celsius Holdings dopo la sua partenza da PepsiCo. Il posto di Lee nel consiglio rimarrà vacante fino a quando PepsiCo non nominerà un successore. Il presidente e amministratore delegato di Celsius Holdings, John Fieldly, ha espresso gratitudine per il servizio di Lee e ha dato il benvenuto a Melotte, citando la sua forte esperienza operativa e la prospettiva globale sulla crescita del business CPG.

Celsius Holdings, Inc. (Nasdaq: CELH), fabricante de las bebidas energéticas CELSIUS®, ha anunciado la designación de Hans Melotte a su junta directiva como director independiente. Melotte, con más de 30 años de experiencia en empresas de bienes de consumo, se une al Comité de Auditoría y Riesgos Empresariales y al Comité de Recursos Humanos y Compensación de la junta. Anteriormente ocupó cargos ejecutivos en Starbucks y Johnson & Johnson.

Simultáneamente, Jim Lee, un designado de PepsiCo, ha renunciado a la junta de Celsius Holdings tras su salida de PepsiCo. El asiento de Lee en la junta permanecerá vacante hasta que PepsiCo designe un sucesor. El presidente y director ejecutivo de Celsius Holdings, John Fieldly, expresó su agradecimiento por el servicio de Lee y dio la bienvenida a Melotte, mencionando su sólida experiencia operativa y su perspectiva global sobre el crecimiento del negocio de CPG.

Celsius Holdings, Inc. (Nasdaq: CELH)는 CELSIUS® 에너지 음료 제조업체로서 Hans Melotte를 독립 이사로 이사회에 임명했다고 발표했습니다. Melotte는 소비재 회사에서 30년 이상의 경험을 보유하고 있으며, 이사회의 감사 및 기업 위험 위원회와 인사 및 보상 위원회에 합류합니다. 그는 이전에 Starbucks와 Johnson & Johnson에서 임원으로 근무했습니다.

동시에 Jim Lee, PepsiCo의 지명자는 PepsiCo에서 퇴사한 후 Celsius Holdings 이사회를 사임했습니다. Lee의 이사회 자리는 PepsiCo가 후임자를 지명할 때까지 공석으로 유지됩니다. Celsius Holdings의 회장 겸 CEO인 John Fieldly는 Lee의 서비스에 감사를 표하고 Melotte를 환영하며 그의 강력한 운영 경험과 CPG 비즈니스 성장에 대한 글로벌 관점을 언급했습니다.

Celsius Holdings, Inc. (Nasdaq: CELH), fabricant des boissons énergétiques CELSIUS®, a annoncé la nomination de Hans Melotte en tant que directeur indépendant au sein de son conseil d'administration. Melotte, qui possède plus de 30 ans d'expérience dans des entreprises de biens de consommation, rejoint le Comité d'Audit et de Risques d'Entreprise ainsi que le Comité des Ressources Humaines et de la Rémunération. Auparavant, il a occupé des postes de direction chez Starbucks et Johnson & Johnson.

Simultanément, Jim Lee, un désigné par PepsiCo, a démissionné du conseil d'administration de Celsius Holdings suite à son départ de PepsiCo. Le siège de Lee au conseil restera vacant jusqu'à ce que PepsiCo nomme un successeur. Le président et PDG de Celsius Holdings, John Fieldly, a exprimé sa gratitude pour le service de Lee et a accueilli Melotte, en soulignant sa forte expérience opérationnelle et sa perspective mondiale sur la croissance des activités CPG.

Celsius Holdings, Inc. (Nasdaq: CELH), Hersteller von CELSIUS®-Energiedrinks, hat die Ernennung von Hans Melotte als unabhängiger Direktor in seinen Vorstand bekannt gegeben. Melotte, der über 30 Jahre Erfahrung in Konsumgüterunternehmen verfügt, tritt dem Prüfungsausschuss sowie dem Unternehmen Risiko-Ausschuss und dem Ausschuss für Personal und Vergütung des Vorstands bei. Zuvor hatte er leitende Positionen bei Starbucks und Johnson & Johnson inne.

Gleichzeitig hat Jim Lee, ein von PepsiCo benannter Direktor, nach seinem Ausscheiden aus PepsiCo aus dem Vorstand von Celsius Holdings resigniert. Lees Vorstandssitz bleibt vakant, bis PepsiCo einen Nachfolger benennt. Der Vorsitzende und CEO von Celsius Holdings, John Fieldly, drückte seine Dankbarkeit für Lees Dienst aus und hieß Melotte willkommen, indem er auf dessen starke operative Erfahrung und globale Perspektive für das Wachstum des CPG-Geschäfts hinwies.

Positive
  • Appointment of Hans Melotte as an independent director, bringing 30+ years of CPG industry experience
  • Melotte's experience includes executive roles at major companies like Starbucks and Johnson & Johnson
  • Melotte joins key board committees: Audit and Enterprise Risk, and Human Resources and Compensation
Negative
  • Departure of Jim Lee from the board, leaving a vacant seat until PepsiCo nominates a successor

PepsiCo designee Jim Lee to depart Celsius Holdings’ board of directors following his announced departure from PepsiCo

BOCA RATON, Fla.--(BUSINESS WIRE)-- Celsius Holdings, Inc., (Nasdaq: CELH), maker of CELSIUS®, the premium lifestyle energy drink formulated to power active lifestyles with ESSENTIAL ENERGY™, today announced the appointment of Hans Melotte to the company’s board of directors as an independent director. In conjunction with his appointment, Melotte joined the board’s Audit and Enterprise Risk Committee and Human Resources and Compensation Committee.

“I’m pleased to welcome Hans to our board of directors,” said Celsius Holdings, Inc., Chairman and CEO, John Fieldly. “Hans brings strong operational experience to our board with a global perspective on CPG business growth.”

Melotte has more than 30 years of operating experience at some of the world’s largest consumer goods companies. He most recently held executive roles at Starbucks, including President of Starbucks’ Global Channel Development business. Prior to Starbucks, Melotte spent 20 years at Johnson & Johnson across Europe and the United States, including serving as Chief Procurement Officer. Melotte also serves on the boards of directors at Revlon, Cartamundi and Pendulum Systems.

Celsius Holdings Director Jim Lee submitted his resignation to the board in connection with his announced departure from PepsiCo, effective immediately. Lee’s board seat will remain vacant until PepsiCo nominates a successor candidate.

“We thank Jim for his service to the board and wish him well in his future pursuits,” Fieldly said.

Forward Looking Statements

This press release contains statements 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 contain projections of Celsius Holdings’ future results of operations or financial position, or state other forward-looking information. You should not rely on forward-looking statements because Celsius Holdings’ actual results may differ materially from those indicated by forward-looking statements as a result of a number of important factors, including the risks and uncertainties discussed in the reports Celsius Holdings has filed previously with the Securities and Exchange Commission, such as its Annual Report on Form 10-K, 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. Celsius Holdings does not undertake any obligation to update forward-looking information, except to the extent required by applicable law.

About Celsius Holdings, Inc.

Celsius Holdings, Inc. (Nasdaq: CELH) is the maker of energy drink brand CELSIUS®, a lifestyle energy drink born in fitness and a pioneer in the rapidly growing energy category. For more information, please visit www.celsiusholdingsinc.com.

Investor Relations Contact:

Paul Wiseman

investorrelations@celsius.com

Source: Celsius Holdings, Inc.

FAQ

Who is the new board member appointed to Celsius Holdings (CELH)?

Hans Melotte has been appointed as an independent director to the board of Celsius Holdings (CELH).

What experience does Hans Melotte bring to Celsius Holdings (CELH)?

Hans Melotte brings over 30 years of operating experience from major consumer goods companies, including executive roles at Starbucks and Johnson & Johnson.

Which board committees will Hans Melotte join at Celsius Holdings (CELH)?

Hans Melotte will join the Audit and Enterprise Risk Committee and the Human Resources and Compensation Committee at Celsius Holdings (CELH).

Who resigned from the Celsius Holdings (CELH) board of directors?

Jim Lee, a PepsiCo designee, resigned from the Celsius Holdings (CELH) board of directors following his departure from PepsiCo.

Celsius Holdings, Inc.

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