Herbalife Announces CFO Transition
Los Angeles—August 5, 2026: Herbalife Ltd. (NYSE: HLF) has announced the retirement of Chief Financial Officer (CFO) John DeSimone, effective December 31, 2026. Scott Schaefer, currently the Senior Vice President of Finance and Transformation, will succeed DeSimone on January 1, 2027.
Key Details:
- John DeSimone’s Contributions: DeSimone has served Herbalife for nearly two decades, significantly influencing its growth and operations in various leadership roles, including President and Chief Strategic Officer.
- Scott Schaefer’s Background: Before joining Herbalife, Schaefer spent over 16 years at Zappos.com, where he held multiple key roles culminating in his position as CEO.
Quotes:
- Michael O. Johnson, Executive Chairman: “John has been a trusted advisor…his contributions have had a lasting impact.”
- Stephan Gratziani, CEO: “Scott is a results-driven leader…uniquely equipped to support our next phase of growth.”
Further Information: For more details, view the full release here.
Scott Schaefer
About Herbalife Ltd.
Herbalife is a global health and wellness company that offers science-backed nutrition products. It operates in over 90 markets, promoting healthier lifestyles through independent distributors.
Media Contact:
- Miguel Lopez-Najera, Director, Global Corporate Communications
miguellope@herbalife.com
Investor Contact:
- Samantha Holway, VP, Investor Relations
samanthagou@herbalife.com
For more information, visit Herbalife Investor Relations.
