about 2 months ago
CNBC Sep 25, 2026

Coca-Cola hires Rob Gehring from Monster Energy to run its North American operations

Coca-Cola has appointed Rob Gehring, previously head of Monster Beverage’s Americas business, to lead its North American operations beginning December 1. This leadership change arrives at a time when the company faces challenges from reduced consumer spending caused by rising fuel and grocery costs. Despite these pressures, Coca-Cola has managed to sustain growth, reporting a 7% increase in net sales and a 3% rise in volume in North America during the second quarter.

Gehring brings substantial experience from Monster Beverage, where sales surged by 20% in the second quarter, driven by innovation in the energy drink segment. His background includes serving as CEO of Swire Coca-Cola USA prior to joining Monster and holding the chief growth officer role since 2024. Coca-Cola highlighted his contributions to Monster’s growth strategy and modernization of its commercial capabilities as key factors in their decision to bring him back.

Coca-Cola is actively expanding its portfolio beyond traditional sodas, investing in new products such as refreshers and dirty sodas to meet evolving consumer preferences. This strategy aims to diversify the company’s offerings as it navigates a competitive and changing beverage landscape. Gehring’s track record in driving growth and commercial success is expected to support Coca-Cola’s efforts in maintaining its market position.

Since the beginning of 2026, Coca-Cola’s shares have risen by over 25%, outperforming Monster’s 12% increase during the same period. This leadership move signals Coca-Cola's commitment to sustaining momentum amid economic challenges, leveraging Gehring’s expertise from the fast-growing energy drink sector to enhance its North American business.

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