Herbalife Ltd. announced that Stephan Gratziani will transition from his role as Chief Executive Officer, effective October 31, 2026. This executive departure is a material event for investors assessing the company's leadership and strategic direction. Herbalife Ltd. operates in the global health and wellness industry, primarily selling nutritional and weight management products through independent distributors.

Herbalife Ltd. reported second quarter 2026 net sales of $1.3 billion, a 5.4% increase year-over-year, with adjusted diluted EPS of $0.51 and adjusted EBITDA of $166.6 million. The company incurred a $94.6 million loss on debt extinguishment related to its April refinancing. Management revised full-year 2026 adjusted EBITDA guidance downward to $670–$690 million due to foreign exchange headwinds, while maintaining constant currency growth expectations. Concurrently, Chief Financial Officer John DeSimone announced his retirement effective December 31, 2026. Scott Schaefer will succeed him as CFO on January 1, 2027, receiving a $650,000 base salary and approximately $1.7 million in long-term incentive awards. Herbalife Ltd. operates in the health and wellness industry, selling nutrition products through independent distributors.