Johnson's Return to the Helm at Herbalife (HLF) Seen as Bullish

Herbalife Nutrition Reports Third Quarter 2022 Results, Withdraws Full Year 2022 Guidance and Announces CEO Transition

LOS ANGELES--(BUSINESS WIRE)-- Herbalife Nutrition Ltd. (NYSE: HLF) today reported financial results for the third quarter ended September 30, 2022:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221031005285/en/

Building momentum will be my top focus as I continue to work with this talented management team. - Michael O. Johnson, Chairman and Interim CEO of Herbalife Nutrition

Highlights

Herbalife Nutrition Announces Leadership Change

Longtime Herbalife Nutrition Executive Michael O. Johnson Named Chairman of the Board and Interim Chief Executive Officer

LOS ANGELES--(BUSINESS WIRE)-- The Board of Directors of Herbalife Nutrition (Board) announced that Michael O. Johnson, current member of the Board and the former Chairman and CEO of Herbalife Nutrition (Company), has been named Chairman and interim Chief Executive Officer, succeeding Dr. John Agwunobi, who is departing the company.

The Company expects to name a new CEO in 2023.

Mr. Johnson brings more than 40 years of experience leading multi-national corporations, including close to two decades of... More

Herbalife Nutrition and the Herbalife Nutrition Foundation Join The Global FoodBanking Network to Battle Food Insecurity

A $300,000 Grant Will Fund Food Bank Incubator Program in Southeast Asia

LOS ANGELES, Oct. 28, 2022 /PRNewswire/ -- Herbalife Nutrition, a premier global nutrition company, together with the Herbalife Nutrition Foundation (HNF), through their Nutrition for Zero Hunger (NFZH) initiative, have joined forces with The Global FoodBanking Network (GFN), an international nonprofit that works to alleviate hunger in nearly 50 countries. This new partnership aims to address the global challenges of hunger, food insecurity, and malnutrition. Over a two-year period, GFN will receive a... More