Monster Beverage Corporation (MNST) Appoints Matthew S. Burroughs as Chief Accounting Officer and Deputy CFO
Veteran Finance Executive Promoted to Key Leadership Role After Nearly Two Decades of Service
GuruFocus News
09/04/2026 19:00
Monster Beverage Corporation MNST announced on September 3, 2026, that its Board of Directors has elected Matthew S. Burroughs to serve as Chief Accounting Officer and Deputy Chief Financial Officer of the Company.
Mr. Burroughs, age 57, brings nearly two decades of extensive corporate finance experience to his new role, having joined Monster Beverage in October 2006. Throughout his distinguished career with the Company, he has progressively advanced through numerous finance leadership positions, including Deputy CFO, Senior Vice President of Corporate Finance, Senior Vice President Corporate Controller, Vice President Senior Corporate Controller, Vice President Corporate Controller, Corporate Controller, and Financial Controller.
In his various capacities, Mr. Burroughs has been instrumental in overseeing critical financial functions, including Global Accounting, SEC Reporting, Global Tax, Treasury, and Investor Relations. His comprehensive understanding of the Company’s financial operations positions him well to support Monster Beverage’s continued growth and financial reporting excellence.
Mr. Burroughs holds a Bachelor of Arts degree in Economics and Accounting from Claremont McKenna College. The Company confirmed that no arrangements or understandings exist between Mr. Burroughs and any other person regarding his selection for these positions. Additionally, there have been no reportable related party transactions between the Company or its subsidiaries and Mr. Burroughs, and he does not have any family relationships with the Company’s directors or executive officers.
This leadership appointment reflects Monster Beverage’s commitment to maintaining strong financial governance and developing internal talent for key executive positions.
GuruFocus context: GuruFocus’ GF Value™ estimates fair value near $40.00 (9.6% overvalued); its GF Score™ is 97/100; 11 gurus currently hold the stock, with 5 adding and 6 trimming positions in recent quarters — guru 13F data Simply Wall St and Morningstar don’t have. See the full Monster Beverage CorpMNST research.
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