Herbalife Announces Planned CEO Transition
Stephan Gratziani to Transition to a Consultant Role and Refocus on His Distributorship; Board Committee Overseeing Process for Successor
LOS ANGELES – Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, announced that Stephan Gratziani will transition from his role as Chief Executive Officer, effective October 31, 2026.
Following the transition, Gratziani will continue supporting Herbalife as a consultant focused on strategy and business development. He will also return his primary focus to his independent distributorship of nearly 700,000 distributors and preferred members.
The Board of Directors has formed a committee to oversee the succession process for Gratziani.
John DeSimone, the Company’s Chief Financial Officer, will serve as Interim Chief Executive Officer beginning November 1, 2026.
Gratziani joined Herbalife as Chief Strategy Officer in August 2023, under an initial two-and-a-half-year agreement, at a time when the company was navigating a challenging post-pandemic period that contributed to 12 consecutive quarters of decline. As a strategic thinker from the field, Gratziani was brought in to help establish a vision and strategy to help stabilize the business. Since then, Herbalife has returned to growth and established a stronger foundation for the future.
“Over the past several years, we have established a clear strategy and strengthened the Company’s focus on our distributors and the markets they serve,”
said Gratziani.
“With the business now having returned to growth and a strong foundation in place, this is the right time for the company to enter its next phase, with an increased focus on execution and operations across our complex global company.
“I remain deeply committed to Herbalife and look forward to supporting the company as a consultant and returning to my roots as a distributor, while devoting more time to my family.”
Michael O. Johnson, Executive Chairman and Chairman of the Board, shares,
“Stephan provided us with a vision for our Herbalife community and a path toward becoming the leader in health and wellness and in the personal business opportunity we provide.
“I am personally grateful, as is the entire Board, for the incredible investment of time, energy and passion he has made on behalf of Herbalife and all our stakeholders.
“I look forward to Stephan’s ongoing contributions as we continue advancing the strategy he helped establish, with an increasing emphasis on execution and operating performance.”
About John DeSimone
DeSimone has been with Herbalife for nearly 20 years as a trusted advisor, partner, and mentor across the organization. In addition to serving as Herbalife’s Chief Financial Officer, he has served in senior leadership positions including President, Chief Strategy Officer, and Special Advisor to the CEO. He brings deep institutional knowledge and proven leadership experience to the interim role and will work closely with the Board and the leadership team to sustain execution of the Company’s strategy through the transition.
About Herbalife Ltd.
Herbalife Ltd. (NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people’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 to live their best life.
For more information, visit herbalife.com.
Get more information, facts and figures about Herbalife, click here for the Herbalife overview.
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