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Savage’s Stake Sparks Celsius Shake-up | Raleigh News
Celsius stock surged after Rockstar’s Russ Savage, who owns a $300M stake, demanded a full leadership overhaul—including firing the CEO—following a disappointing earnings report that revealed shrinking margins from recent acquisitions. Savage, who built Rockstar and sold it for $3.85B, claims he’s been ignored for over a year and even offered to take the CEO role himself. The board backs current CEO John Fieldly, setting up a high-stakes showdown: either investors rally behind Savage for change or the status quo continues amid integration chaos and fierce competition from Monster and Red…
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