The CEO of energy drink firm Red Bull in North America has resigned.

Sélim Chidiac will leave his post at Red Bull North America on 3 February after three years with the company in the US and 11 years with the company globally, the group confirmed today (19 January).

Chidiac is moving to become CEO of a leading gold jewelry brand in the Middle East.

A successor will be announced "at a later stage", said Red Bull, which is the leading energy drinks brand in the US.

"Red Bull North America is well-positioned to continue the momentum that has led to the highest share ever in four years," said the company.