{"id":753911,"date":"2023-05-02T17:53:42","date_gmt":"2023-05-02T21:53:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/herbalife-announces-leadership-succession-plan\/"},"modified":"2023-05-02T17:53:42","modified_gmt":"2023-05-02T21:53:42","slug":"herbalife-announces-leadership-succession-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/herbalife-announces-leadership-succession-plan\/","title":{"rendered":"Herbalife Announces Leadership Succession Plan"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Herbalife Announces Leadership Succession Plan<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHerbalife 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\u2019s 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.<\/p>\n<p>\n\u201cMark\u2019s leadership, innovative mindset and countless contributions across the entire organization have helped us build Herbalife better and we will miss his leadership,\u201d said Michael Johnson, Chairman and CEO.<\/p>\n<p>\nIn Lamberti\u2019s new role, he will oversee product innovation and supply chain, digital content and infrastructure, distributor and sales analytics, as well as back office operations. Lamberti joined Herbalife in 2005 as vice president of investor relations and has served in numerous leadership positions, including most recently, as Regional President of the Americas working closely with distributors and their customers. Prior to that, he served as executive vice president, Distributor &amp; Customer experience. He also worked internationally as senior vice president and managing director, North Asia.<\/p>\n<p>\nMontesino\u2019s expanded role will encompass all global distributor facing business including sales, marketing and distributor operation functions, as well as all aspects of employee management and relations. She joined the Company in 1998 as an assistant for personal care and then transitioned to product marketing before joining the NAM region where she served in multiple capacities including director, senior director, vice president of sales and marketing for the U.S. Latin market and eventually leading the entire North America market. Currently, as executive vice president of distributor and customer experience, she oversees functions that develop and deliver innovative tools and programs that support independent distributors and their customers.<\/p>\n<p>\nRob Levy has been appointed Regional President of the Americas and will be responsible for all strategic, sales and marketing functions across the region. As head of the Americas, his oversight includes North America, South and Central America, Mexico and Brazil. Levy, a longtime Herbalife industry veteran with 28 years at the Company, has run every region during his tenure, and was key to the Company\u2019s expansion to half the markets the Company has today. He is currently serving as EVP Worldwide Distributor Affairs.<\/p>\n<p>\n&#8220;I have worked with Frank, Ibi and Rob at various points during their careers, and I have complete trust in them. I know they will bring wisdom, passion and hard work to these roles. I\u2019m proud and excited to be on their team,\u201d said Michael Johnson.<\/p>\n<p>\nIn a separate announcement this afternoon, the Company reported first quarter 2023 financial results. The press release can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.herbalife.com%2Fpress-releases&amp;esheet=53392117&amp;newsitemid=20230502006200&amp;lan=en-US&amp;anchor=https%3A%2F%2Fir.herbalife.com%2Fpress-releases&amp;index=1&amp;md5=9b70ca9a16e180e031f3c30202272fea\">https:\/\/ir.herbalife.com\/press-releases<\/a>.<\/p>\n<p><b>About Herbalife Ltd.<\/b><\/p>\n<p>\nHerbalife (NYSE: HLF) is a premier health and wellness company and community that has been changing people&#8217;s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle in order to live their best life.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230502006200r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230502006200\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230502006200\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contact:<br \/>\n<br \/>Gary Kishner<br \/>\n<br \/>Senior Director, Media Relations<br \/>\n<br \/>213.745.0456<\/p>\n<p>\nInvestor Contact:<br \/>\n<br \/>Erin Banyas<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/>213.745.0433<\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Entrepreneur Marketing Fitness &amp; Nutrition Communications Specialty Food\/Beverage Health Consumer Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230502006200\/en\/1770462\/3\/Herbalife_Brandmark_Primary_Garden_Green_CMYK.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Herbalife Announces Leadership Succession Plan LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; 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\u2019s 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/herbalife-announces-leadership-succession-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Herbalife Announces Leadership Succession Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-753911","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Herbalife Announces Leadership Succession Plan - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/herbalife-announces-leadership-succession-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Herbalife Announces Leadership Succession Plan - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Herbalife Announces Leadership Succession Plan LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; 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\u2019s 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 &hellip; Continue reading &quot;Herbalife Announces Leadership Succession Plan&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/herbalife-announces-leadership-succession-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-02T21:53:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230502006200r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herbalife-announces-leadership-succession-plan\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herbalife-announces-leadership-succession-plan\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Herbalife Announces Leadership Succession Plan\",\"datePublished\":\"2023-05-02T21:53:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herbalife-announces-leadership-succession-plan\\\/\"},\"wordCount\":637,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herbalife-announces-leadership-succession-plan\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230502006200r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herbalife-announces-leadership-succession-plan\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/herbalife-announces-leadership-succession-plan\\\/\",\"name\":\"Herbalife Announces Leadership Succession Plan - 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