Herbalife Announces Leadership Succession Plan

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May 02, 2023

Herbalife Ltd. (NYSE: HLF), a premier health and wellness company and community, today announced senior executive leadership changes. As part of its succession management process, the Company is announcing Mark Schissel’s retirement after 16 years of leadership contributions on July 1. Frank Lamberti will be appointed to Chief Operating Officer. In addition, the Company is announcing the expanded role of Ibi Montesino, EVP and Chief of Staff, and the appointment of Rob Levy to Regional President of the Americas. All three executives will assume their roles effective July 1, 2023 and report directly to Michael Johnson, Chief Executive Officer. Schissel will assume a strategic advisory role to help ensure a smooth transition and will continue to work on special projects.