Celsius Holdings, Inc. develops, markets, distributes, and sells functional calorie-burning fitness beverages in the United States and internationally. The company offers its beverages in various flavors, including carbonated orange, wild berry, cola, grape, kiwi-guava, and watermelon; and non-carbonated green tea raspberry/acai, green tea/peach mango, green tea/grapefruit melon, pineapple coconut, watermelon berry, and strawberries and cream, as well as sparkling grapefruit, cucumber lime, and orange pomegranate under the Celsius name. It also provides Celsius Heat, a dietary supplement in carbonated flavors, such as apple jack'd, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragonfruit, tangerine grapefruit, and jackfruit. The company distributes its products through direct-store delivery distributors, as well as through retailers comprising supermarkets, convenience stores, drug stores, nutritional stores, and mass merchants; and health clubs, spas, gyms, the military, and e-commerce Websites. The company was formerly known as Vector Ventures, Inc. and changed its name to Celsius Holdings, Inc. in January 2007. Celsius Holdings, Inc. was founded in 2004 and is based in Boca Raton, Florida.
IPO Year:
Exchange: NASDAQ
Website: celsiusholdingsinc.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/16/2024 | $30.00 → $35.00 | Hold | Truist |
10/10/2024 | $53.00 → $48.00 | Buy | Jefferies |
9/5/2024 | $65.00 → $45.00 | Buy | ROTH MKM |
8/8/2024 | $60.00 → $32.00 | Neutral → Underperform | BofA Securities |
8/7/2024 | $90.00 → $65.00 | Buy | Maxim Group |
7/15/2024 | $85.00 → $68.00 | Buy | TD Cowen |
6/25/2024 | $60.00 | Hold | Truist |
6/24/2024 | $87.00 | Outperform | Exane BNP Paribas |
6/18/2024 | $110.00 → $90.00 | Buy | Maxim Group |
6/17/2024 | $96.00 → $87.00 | Buy | ROTH MKM |
Celsius Holdings, Inc., (NASDAQ:CELH), maker of CELSIUS®, the premium lifestyle energy drink formulated to power active lifestyles, today announced that the company will participate in the following investor conferences: Jefferies Miami Consumer Conference Date: Nov. 19, 2024 Morgan Stanley Global Consumer & Retail Conference Date: Dec. 3, 2024 Fireside chat: Dec. 3, approximately 3:00 p.m. EST Roth 13th Annual Deer Valley Event Dates: Dec. 12-13, 2024 All investors are invited to join a live webcast of the fireside chat event at https://ir.celsiusholdingsinc.com/events-and-presentations/. As disclosed in our Annual Report on Form 10-K filed with the Securities & Exchange Commission
New manufacturing capabilities support product innovation and production flexibility Active, modern beverage manufacturing facility and production line dedicated principally to Celsius manufacturing Celsius Holdings, Inc. (NASDAQ:CELH) ("Celsius"), maker of CELSIUS®, the premium lifestyle energy drink formulated to help individuals LIVE FIT™, today announced that it is boosting its innovation and production capabilities with the acquisition of Big Beverages Contract Manufacturing, L.L.C. ("Big Beverages") for $75 million. The transaction was completed using cash on hand and closed on Nov. 1, 2024. The strategic transaction provides Celsius with a 170,000-square-foot, modern manufacturing
Celsius Holdings, Inc. (NASDAQ:CELH) will release its third quarter financial results before markets open on Wednesday, Nov. 6, 2024. Following the release, management will host a conference call and webcast at 8 a.m. EST to discuss the company's third quarter results. Investors are invited to join the webcast accessible from https://ir.celsiusholdingsinc.com. Downloadable files, an audio replay and transcript will be available within 24 hours after the call on the Celsius Holdings investor relations website. 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
Seasoned executive brings decades of financial and operational experience and deep consumer industry expertise 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 Israel Kontorovsky to the company's board of directors. Kontorovsky also will serve on the board's Audit and Enterprise Risk Committee and was nominated by PepsiCo, Inc. to serve as its designee pursuant to an agreement with Celsius. Kontorovsky replaces former board member and PepsiCo designee, Jim Lee, who departed the board in September 2024 in connection with his resignation from PepsiCo.
CELSIUS ESSENTIALS Watermelon Ice and Grape Slush Flavors to debut at NACS Show MMA Fighter Dustin Poirier to host fan meet and greet at CELSIUS NACS booth N2939 Celsius Holdings, Inc., (NASDAQ:CELH), maker of CELSIUS, the premium lifestyle energy drink formulated to help individuals LIVE FIT™, today announced the debut of two new flavors under its CELSIUS ESSENTIALS line at NACS Show 2024, including Watermelon Ice and Grape Slush. The 16-ounce CELSIUS ESSENTIALS line, which debuted last year at NACS Show, has grown to eight delicious, performance-focused flavors available at retailers across the United States. This press release features multimedia. View the full release here: https://ww
PepsiCo designee Jim Lee to depart Celsius Holdings' board of directors following his announced departure from PepsiCo 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
Company management to discuss quarterly business updates during fireside chats Celsius Holdings, Inc., (NASDAQ:CELH), maker of CELSIUS®, the premium lifestyle energy drink formulated to power active lifestyles with ESSENTIAL ENERGY™, today announced that the Company will participate in the following investor conferences to discuss business updates, category share and other trends, and inventory topics as they relate to the third quarter. Barclays 17th Annual Global Consumer Staples Conference Date: Sept. 4-5, 2024 Fireside chat: Sept. 4, approximately 12:00 p.m. EDT Piper Sandler Growth Frontiers Conference Date: Sept. 10, 2024 Fireside chat: Sept. 10, approximately 9:00 a.m. CDT Al
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced the appointment of Alexandre Ruberti to the Company's Board of Directors (the "Board"), effective August 6, 2024. Ruberti joins the Zevia Board currently serving as Managing Director Americas and General Manager USA at Waterdrop®, a mission-driven company focused on disrupting the hydration industry with functional hydration cubes. He has extensive beverage industry experience including 16 years in executive leadership roles at Red Bull serving as Chief Commercial Officer in North America and as President of Red Bull Distribution Company. Mr. Ruberti recently served on the Board of Directors of Celsius Holdings, Inc, from 2021 to 2024. "Al
Celsius Holdings, Inc. (NASDAQ:CELH) will release its second quarter financial results before markets open on Tuesday, Aug. 6, 2024. Following the release, management will host a conference call and webcast at 8 a.m. EDT to discuss the company's second quarter results. Investors are invited to join the webcast accessible from https://ir.celsiusholdingsinc.com. Downloadable files, an audio replay and transcript will be available within 24 hours after the call on the Celsius Holdings investor relations website. 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 rapid
BOCA RATON, Fla., June 7, 2024 /PRNewswire/ -- Celsius Holdings, Inc., (NASDAQ:CELH), maker of CELSIUS®, the premium lifestyle energy drink formulated to power active lifestyles with ESSENTIAL ENERGY™, today announced that John Fieldly, Chairman and CEO of Celsius Holdings, Inc., and Jarrod Langhans, Chief Financial Officer of Celsius Holdings, Inc., will participate in a webcast fireside chat at the 4th Annual Evercore ISI Consumer and Retail Conference. 4th Annual Evercore ISI Consumer and Retail Conference Date: June 11, 2024 Fireside chat time: Approximately 2:45 p.m. ET
Whales with a lot of money to spend have taken a noticeably bullish stance on Celsius Holdings. Looking at options history for Celsius Holdings (NASDAQ:CELH) we detected 12 trades. If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 41% with bearish. From the overall spotted trades, 8 are puts, for a total amount of $444,060 and 4, calls, for a total amount of $136,787. Expected Price Movements Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $65.0 for Celsius Holdings during the past quarter. Volume & Open Interest Devel
Celsius Holdings's (NYSE:CELH) short percent of float has risen 19.45% since its last report. The company recently reported that it has 21.18 million shares sold short, which is 11.79% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.31 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
Jefferies analyst Kaumil Gajrawala maintains Celsius Holdings (NASDAQ:CELH) with a Buy and lowers the price target from $98 to $68.
B. Riley Securities analyst Jeff Van Sinderen maintains Celsius Holdings (NASDAQ:CELH) with a Buy and lowers the price target from $110 to $80.
Celsius Holdings (NASDAQ:CELH) has outperformed the market over the past 10 years by 59.42% on an annualized basis producing an average annual return of 70.2%. Currently, Celsius Holdings has a market capitalization of $11.91 billion. Buying $100 In CELH: If an investor had bought $100 of CELH stock 10 years ago, it would be worth $20,667.57 today based on a price of $51.10 for CELH at the time of writing. Celsius Holdings's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automa
Roth MKM analyst Sean McGowan maintains Celsius Holdings (NASDAQ:CELH) with a Buy and lowers the price target from $87 to $75.
Financial giants have made a conspicuous bullish move on Celsius Holdings. Our analysis of options history for Celsius Holdings (NASDAQ:CELH) revealed 10 unusual trades. Delving into the details, we found 30% of traders were bullish, while 20% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $394,084, and 3 were calls, valued at $80,812. Projected Price Targets Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $38.33 to $60.0 for Celsius Holdings during the past quarter. Volume & Open Interest Development Examining the volume and open interest provides crucial insights into s
Celsius Holdings, Inc. (NASDAQ:CELH) shares are trading marginally higher today after falling over 10% yesterday. According to Benzinga Pro, CELH stock has gained over 3.9% in the past year. Investors can gain exposure to the stock via BNY Mellon Innovators ETF (NASDAQ:BKIV) and Invesco S&P MidCap 400? GARP ETF (NYSE:GRPM). Yesterday, TD Cowen analyst Vivien Azer maintained Celsius Holdings with a Buy rating, lowering the price target from $85 to $68. In an article, the Wall Street Journal recently cautioned how companies like Celsius are misleading customers about being a part of their “fit lifestyle” that claims to have health benefits. Also Read: Elon Musk Confirms Delay In T
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Truist reiterated coverage of Celsius with a rating of Hold and set a new price target of $35.00 from $30.00 previously
Jefferies reiterated coverage of Celsius with a rating of Buy and set a new price target of $48.00 from $53.00 previously
ROTH MKM reiterated coverage of Celsius with a rating of Buy and set a new price target of $45.00 from $65.00 previously
BofA Securities downgraded Celsius from Neutral to Underperform and set a new price target of $32.00 from $60.00 previously
Maxim Group reiterated coverage of Celsius with a rating of Buy and set a new price target of $65.00 from $90.00 previously
TD Cowen reiterated coverage of Celsius with a rating of Buy and set a new price target of $68.00 from $85.00 previously
Truist initiated coverage of Celsius with a rating of Hold and set a new price target of $60.00
Exane BNP Paribas initiated coverage of Celsius with a rating of Outperform and set a new price target of $87.00
Maxim Group reiterated coverage of Celsius with a rating of Buy and set a new price target of $90.00 from $110.00 previously
ROTH MKM reiterated coverage of Celsius with a rating of Buy and set a new price target of $87.00 from $96.00 previously
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8-K - Celsius Holdings, Inc. (0001341766) (Filer)
8-K - Celsius Holdings, Inc. (0001341766) (Filer)
8-K - Celsius Holdings, Inc. (0001341766) (Filer)
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8-K - Celsius Holdings, Inc. (0001341766) (Filer)
10-Q - Celsius Holdings, Inc. (0001341766) (Filer)
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Celsius Holdings, Inc. (NASDAQ:CELH) will release its third quarter financial results before markets open on Wednesday, Nov. 6, 2024. Following the release, management will host a conference call and webcast at 8 a.m. EST to discuss the company's third quarter results. Investors are invited to join the webcast accessible from https://ir.celsiusholdingsinc.com. Downloadable files, an audio replay and transcript will be available within 24 hours after the call on the Celsius Holdings investor relations website. 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
Celsius Holdings, Inc. (NASDAQ:CELH) will release its second quarter financial results before markets open on Tuesday, Aug. 6, 2024. Following the release, management will host a conference call and webcast at 8 a.m. EDT to discuss the company's second quarter results. Investors are invited to join the webcast accessible from https://ir.celsiusholdingsinc.com. Downloadable files, an audio replay and transcript will be available within 24 hours after the call on the Celsius Holdings investor relations website. 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 rapid
Record first quarter revenue of $355.7 million, up 37% year over yearRecord first quarter gross profit of $182.2 million, up 60% year over yearFirst quarter diluted EPS of $0.27, up 108% year over year BOCA RATON, Fla., May 7, 2024 /PRNewswire/ -- Celsius Holdings, Inc. (NASDAQ:CELH), maker of CELSIUS®, the premium lifestyle energy drink formulated to power active lifestyles with ESSENTIAL ENERGY™, today reported record first quarter 2024 financial results. Summary Financials 1Q 2024 1Q 2023 Change (Millions except forpercentages and EPS) Revenue $355.7 $259.9 37 % N. America $339.5 $248.6 37 % International $16.2 $11.3 43 % Gross Margin 51.2 % 43.8 % +740 BPS Net Income $77.8 $41.2 89 % Ne
BOCA RATON, Fla., April 30, 2024 /PRNewswire/ -- Celsius Holdings, Inc. (NASDAQ:CELH) will release its first quarter financial results on Tuesday, May 7, 2024, before markets open. Following the release, management will host a conference call and webcast at 10 a.m. ET to discuss the company's first quarter results. All call participants must pre-register using the participant registration link https://registrations.events/direct/Q4I739144810. A unique registrant ID and access details will be provided after registration. Participants who do not pre-register online may dial in u
Record fourth quarter revenue of $347 million, up 95% from $178 million in Q4 2022 Record full-year revenue of $1,318 million, up 102% from $654 million in full-year 2022 BOCA RATON, Fla., Feb. 29, 2024 /PRNewswire/ -- Celsius Holdings, Inc. (NASDAQ:CELH), maker of Celsius®, the premium lifestyle energy drink formulated to power active lifestyles with ESSENTIAL ENERGY™, today reported record fourth quarter and full-year 2023 financial results. A supplement containing Celsius' fourth quarter and full-year 2023 results and full financial tables is available at https://celsiusho
BOCA RATON, Fla., Feb. 22, 2024 /PRNewswire/ -- Celsius Holdings, Inc. (NASDAQ:CELH) will release its fourth quarter and full year 2023 financial results on Thursday, Feb. 29, 2024, before markets open. Following the release, management will host a conference call at 10 a.m. ET, to discuss the financial results and lead a question-and-answer session. Participants may join the conference call by dialing 877-709-8150 (domestic) or +1 201-689-8354 (international). Alternatively, participants may join using the webcast link https://event.choruscall.com/mediaframe/webcast.html?webc
Record second quarter revenue of $326 million, up 112% from $154 million in Q2 2022 North America revenue increased 114% to $311 million, up from $145 million in Q2 2022 BOCA RATON, Fla., Aug. 8, 2023 /PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today reported preliminary financial results for the second quarter ended June 30, 2023. Management will host a conference call today at 4:30 p.m. Eastern Time, to discuss the results with the investment community. A PDF containing our second quarter 2023 results and full
BOCA RATON, Fla., Aug. 1, 2023 /PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today announced that it will release financial results for the second quarter ended June 30, 2023, on Tuesday, August 8, 2023, after market close. Management will then host a conference call that same day at 4:30 p.m. Eastern Time, to discuss the results with the investment community. To participate in the conference call, please call one of the following telephone numbers at least 10 minutes before the start of the call: Toll Free:
Record first quarter revenue of $260 million, up 95% from $133 million in Q1 2022North America revenue increased 101% to $249 million, up from $124 million in Q1 2022 BOCA RATON, Fla., May 9, 2023 /PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today reported preliminary financial results for the first quarter ended March 31, 2023. Management will host a conference call today at 4:30 p.m. Eastern Time, to discuss the results with the investment community. A PDF containing our first quarter 2023 results and full fina
BOCA RATON, Fla., May 3, 2023 /PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today announced that it will release financial results for the first quarter ended March 31, 2023, on Tuesday, May 9, 2023, after market close. Management will then host a conference call that same day at 4:30 p.m. Eastern Time, to discuss the results with the investment community. To participate in the conference call, please call one of the following telephone numbers at least 10 minutes before the start of the call: Toll Free: 877-545-03
New manufacturing capabilities support product innovation and production flexibility Active, modern beverage manufacturing facility and production line dedicated principally to Celsius manufacturing Celsius Holdings, Inc. (NASDAQ:CELH) ("Celsius"), maker of CELSIUS®, the premium lifestyle energy drink formulated to help individuals LIVE FIT™, today announced that it is boosting its innovation and production capabilities with the acquisition of Big Beverages Contract Manufacturing, L.L.C. ("Big Beverages") for $75 million. The transaction was completed using cash on hand and closed on Nov. 1, 2024. The strategic transaction provides Celsius with a 170,000-square-foot, modern manufacturing
Seasoned executive brings decades of financial and operational experience and deep consumer industry expertise 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 Israel Kontorovsky to the company's board of directors. Kontorovsky also will serve on the board's Audit and Enterprise Risk Committee and was nominated by PepsiCo, Inc. to serve as its designee pursuant to an agreement with Celsius. Kontorovsky replaces former board member and PepsiCo designee, Jim Lee, who departed the board in September 2024 in connection with his resignation from PepsiCo.
PepsiCo designee Jim Lee to depart Celsius Holdings' board of directors following his announced departure from PepsiCo 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
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced the appointment of Alexandre Ruberti to the Company's Board of Directors (the "Board"), effective August 6, 2024. Ruberti joins the Zevia Board currently serving as Managing Director Americas and General Manager USA at Waterdrop®, a mission-driven company focused on disrupting the hydration industry with functional hydration cubes. He has extensive beverage industry experience including 16 years in executive leadership roles at Red Bull serving as Chief Commercial Officer in North America and as President of Red Bull Distribution Company. Mr. Ruberti recently served on the Board of Directors of Celsius Holdings, Inc, from 2021 to 2024. "Al
Edwin Negron Carballo to Retire; Jarrod Langhans Named CFO BOCA RATON, Fla., April 18, 2022 /PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today announced that Chief Financial Officer Edwin Negron Carballo has decided to retire from the company. He joined Celsius as CFO in 2018 and has played a significant role in the design and execution of the company's strategy. "Edwin's strategic contributions and financial stewardship have positioned the company well for years to come," said John Fieldly, President, Chairman an
VANCOUVER, BC, Aug. 31, 2021 /PRNewswire/ - Hollister Biosciences Inc. (CSE:HOLL) (OTC:HSTRF) (FRANKFURT: HOB) (the "Company", "Hollister Cannabis Co." or "Hollister") is pleased to announce the appointment of two new members to its Board of Directors: Mr. Kevin Harrington and Mr. Jakob Ripshtein. Mr. Kevin Harrington is a veteran CEO, bestselling author and platform-building entrepreneur known to millions as one of the original "sharks" on the 4x Emmy-winning ABC series Shark Tank. His many landmark achievements include inventing the infomercial, pioneering the As Seen on TV brand, co-founding the Electronic Retailers Association (ERA), serving as a co-founding board member of the Entrepr
BOCA RATON, Fla., Aug. 20, 2021 /PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today released its inaugural Environmental, Social and Governance (ESG) Report, highlighting its initiatives and best practices to drive a sustainable, equitable and prosperous impact for our various stakeholders. "As part of our Board of Directors corporate-wide best practices initiatives, which includes the appointment of E&Y as our corporate auditor, restructuring our BOD and personnel, and the recent addition of Marcus Sandifer as cor
BOCA RATON, Fla., August 3, 2021 /PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today announced the appointment of Marcus Sandifer as Corporate Secretary. Mr. Sandifer is a senior leader with extensive corporate law expertise within the food and beverage industry. "We are very pleased to welcome Marcus to our executive team. His proven experience across a wide range of complex strategic legal and corporate matters in the consumer industry will bring tremendous value to Celsius. In this role, Marcus will oversee pla
BOCA RATON, Fla., Feb. 23, 2021 /PRNewswire/ -- Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, today announced the appointment of Alexandre Ruberti to the Company's Board of Directors. Alexandre brings over 25 years of beverage sales and distribution experience, as well as having recently served as President of Red Bull Distribution Company (RBDC) in the United States, and Executive Vice President of Sales for Red Bull North America. "We are pleased to welcome Alexandre Ruberti as a new independent director to the Celsius Holdings board," said John Fieldly Celsius Holdings director, president and CEO. "Alexandre joins Celsius at an exciting time
Preferred Commerce Appoints Prominent 30 yr. Veteran, Trailblazer, and Top Executive from Coca-Cola to the Board of Directors WELLINGTON, FL / ACCESSWIRE / February 24, 2021 / Preferred Commerce, Inc. (OTC PINK:OCBM) announced today that, Distinguished Industry Leader, Highly Experienced Executive, and Visionary, Mr. Hal Kravitz has joined the Company's growing Board of Directors. "Having demonstrated a keen ability to capitalize on emerging trends, we are thrilled to have Hal Kravitz on board. We believe that we're at the threshold of a new age in the marketplace. Recent studies reveal that the global healthy lifestyle market is projected to surpass the $314.2 billion range by 2030 near d