Herbalife Diet Appoints Marketplace Veteran, Mark Schissel, New Chief Functioning Officer

LOS ANGELES–(Small business WIRE)–Herbalife Nourishment Ltd. (NYSE: HLF), a worldwide diet corporation, nowadays announced appointment of its new Chief Operating Officer, market veteran, Mark Schissel, to substitute David Pezzullo, who has announced his prepared retirement, immediately after doing the job at the Corporation for more than 17 many years. The appointment of Schissel, who is now executive vice president of around the world functions, is aspect of the Company’s current succession program. Mr. Schissel will report specifically to the CEO and keep on to provide on the Govt Committee. Mr. Schissel will believe his new purpose on August 2, 2021 and to assure a smooth changeover, Mr. Pezzullo will stay in an advisory position through March 2022.

“Mark is an incredible leader, who more than the many years has demonstrated his means to lead a advanced world-wide corporation and has our self-confidence to information us as a result of our continued advancement,” explained John Agwunobi, Chairman and CEO of Herbalife Nourishment. “He is section of the Company’s government bench consisting of an spectacular and able team that will proceed to guide with passion and eyesight.”

Mr. Schissel joined the Company in 2007 as vice president of organization programs, in which he was liable for all IT matters relating to the Company’s enterprise apps all-around the environment and served as chief information officer prior to his recent job primary around the world functions. Now, Mr. Schissel is responsible for all factors of producing goods and bringing them to industry, which includes source chain, R&D, scientific affairs, top quality, producing, distribution, and logistics. As Main Functioning Officer, Mr. Schissel will be liable for overseeing around the globe operations, world-wide business enterprise products and services, the regional finance and operations functions, details technology and infrastructure, cyber stability and worldwide protection.

“I am very fired up about the prospect to play an even bigger role in the Company’s growth as it provides fantastic-tasting nourishment goods and a established business chance to folks about the world,” claimed Mr. Schissel.

Mr. Pezzullo came to the business in 2004 as the senior vice president of finance and the chief accounting officer, serving to guidebook the Company through its initial public featuring in 2004. He later on assumed the part of executive vice president of around the world operations, leading a significant financial commitment in manufacturing, provide chain and excellent assurance, aiding usher the Company into its management position as a leading international diet organization, and at last into his present-day purpose as Main Operating Officer and Main of Employees.

Agwunobi included, “Dave’s leadership and contributions throughout numerous capabilities have been integral to the accomplishment of our enterprise. Even though we will enormously pass up his management and his endearing temperament, he leaves driving a earth-class group and procedure.”

In a different announcement this afternoon, the Firm noted report-location initial quarter 2021 money benefits. The press release can be identified at https://ir.herbalife.com/press-releases

About Herbalife Nourishment Ltd.

Herbalife Diet is a world wide company that has been shifting people’s life with good nutrition goods and a confirmed organization option for its impartial distributors because 1980. The Firm gives high-good quality, science-backed products and solutions, marketed in in excess of 90 international locations by entrepreneurial distributors who offer a single-on-one particular coaching and a supportive group that conjures up their clients to embrace a much healthier, far more energetic lifestyle. By way of the Company’s world wide campaign to eradicate hunger, the Firm is also dedicated to bringing diet and training to communities all-around the earth.