Investor Day

Investor Day

2021

Investor Day 2021 Webcast

Herbalife Nutrition, a premier global nutrition company, hosted a two-hour virtual investor day on Tuesday, September 14, 2021. We shared insight into our Company’s growth strategy, financial performance and the value of the Company’s distribution channel to enhance understanding of our long-term growth strategy.

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Our Speakers

Our Vision and Long-Term Growth

John Agwunobi

Chief Executive Officer and Chairman

John Agwunobi
John Agwunobi

Chief Executive Officer and Chairman

John Agwunobi is CEO and Chairman of Herbalife Nutrition, a premier global nutrition company that serves customers in 95 countries. Agwunobi, who joined the Company in 2016, oversees the Company’s growth and continued worldwide recognition as a leading nutrition company, which positively impacts issues affecting global society.

Previously, he served in senior private and public sector roles, including at Walmart and the U.S. Department of Health and Human Services.

Agwunobi has a Master's in public health from Johns Hopkins University and an MBA from Georgetown University. He completed his pediatric residency at Howard University and is currently a licensed physician in Florida.

To see a more detailed biography, visit IAmHerbalifeNutrition.com.

Our Customer Base and Growth Strategies

John DeSimone

President

John DeSimone
John DeSimone

President

As president of Herbalife Nutrition, John DeSimone is committed to helping people live healthy active lifestyles through personalized nutrition and a proven business opportunity.

DeSimone manages the Company's regional leadership, who are responsible for growing the premier nutrition business and driving performance in 95 countries. He also is responsible for global distributor-facing functions.

DeSimone joined Herbalife Nutrition in 2007, holding leadership roles including co-president/chief strategic officer and chief financial officer. Previously, he worked as a senior corporate finance executive at Rexall Sundown, Inc., a multinational manufacturer of sports nutrition products.

A graduate of Bryant University, he served on the board of trustees of the California Science Center.

To see a more detailed biography, visit IAmHerbalifeNutrition.com.

Digital Innovation Panel

Frank Lamberti

Executive Vice President, Distributor and Customer Experience

Rhonda Vetere

Chief Information Officer

Joe Miranda

Chief Digital Officer

Eric Monroe

Senior Director, Investor Relations

Frank Lamberti
Frank Lamberti

Executive Vice President, Distributor and Customer Experience

Frank Lamberti is responsible for helping the Company deliver on its purpose of helping people live healthy active lifestyles, as he leads a team focused on ushering in new tools to improve the Distributor and customer experience.  His team has strengthened nutrition and product strategies, leveraged consumer and member insights and enhanced integration across sales and marketing activities and distributor recognition events.

Lamberti joined Herbalife Nutrition in 2005 as vice president of financial planning and investor relations and has been promoted into multiple senior positions, including marketing oversight – first in North Asia and then globally.

Before joining Herbalife Nutrition, Lamberti held various management roles in finance, consumer services and accounting.

To see a more detailed biography, visit IAmHerbalifeNutrition.com.

Rhonda Vetere
Rhonda Vetere

Chief Information Officer

Rhonda Vetere leads the Company’s information technology strategy and implementation. She is a member of the Company’s executive committee.

She provides strategic and tactical direction to ensure that all information technology (IT) investments are aligned with, and support, the Company’s purpose, business objectives, corporate goals and strategic plan.

Prior to joining Herbalife Nutrition in 2019, Vetere served in global CIO/CTO leadership positions for more than 25 years, including at Estée Lauder, Barclays, JPMorgan, AIG, HP Enterprise and Lehman Brothers.

A graduate of George Mason University, Vetere works on numerous community and philanthropic initiatives, and has completed more than 70 distance events, including a 55-mile fundraising run across the Serengeti.

To see a more detailed biography, visit IAmHerbalifeNutrition.com.

Joe Miranda
Joe Miranda

Chief Digital Officer

Joe Miranda joined Herbalife Nutrition in 2021 to lead the new digital office. He works with all Distributor-facing businesses to define the future technology needs of our distributors and make them a reality. This includes driving investments to support distributor and customer engagement, user-experience design, digital product ownership and program management for all distributor- and customer-facing tools.

Prior to joining Herbalife Nutrition, Miranda served as Chief Digital Officer for Thomson Reuters, where he crafted the vision and execution roadmaps and built a comprehensive digital ecosystem and technology architecture.

Miranda holds a Bachelor of Arts degree in Mass Communications from Towson University in Maryland.

Eric Monroe
Eric Monroe

Senior Director, Investor Relations

Eric Monroe is responsible for developing and executing the Global Investor Relations Program as well as strengthening and cultivating relationships with key stakeholders, including institutional equity and debt investors, portfolio managers and investment research analysts. 

Monroe joined the company in 2009 and has held numerous roles in the finance department, including Financial Planning and Analysis where he was responsible for the execution of the global financial consolidation.

Monroe earned his Bachelor’s Degree in Economics from the University of California, Los Angeles (UCLA) and worked as an investment banking analyst prior to joining Herbalife Nutrition.

Insights into Gen Z

Humbi Calleja

Vice President of Sales, Promotions and Events, U.S., Canada, Jamaica and Caribbean

Humbi Calleja
Humbi Calleja

Vice President of Sales, Promotions and Events, U.S., Canada, Jamaica and Caribbean

Calleja joined Herbalife Nutrition in 2008 as part of a talent program in Mexico, and then moved into supply chain management for Central America and Mexico. He also worked in sales strategy for Mexico, leading the Nutrition Club strategy and sales initiatives.

Calleja also served as worldwide sales director, working with distributor leaders and sales teams across the regions to understand key business models and share market insights to build our go-forward strategy.

Calleja is bilingual in English and Spanish, with a degree in Engineering from Universidad Panamericana and a postgraduate in Operations Management.

Our Financial Performance

Alex Amezquita

Chief Financial Officer

Alex Amezquita
Alex Amezquita

Chief Financial Officer

Alex Amezquita oversees the Company’s corporate financial functions, including financial reporting, accounting, tax and treasury functions.

Prior to joining Herbalife Nutrition in 2017, Amezquita was senior vice president at Moelis and Company, a leading global investment bank. At Moelis, he worked extensively as a financial advisor to Herbalife Nutrition on key strategic and financial initiatives.

His more than 20 years of experience prior to joining Herbalife Nutrition included investment banking at Merrill Lynch and Centerview Partners, and engineering at Northrop Grumman and Cisco Systems.

Amezquita holds an MBA in finance from Wharton, and a Master’s and Bachelor of Science in electrical and computer engineering from Carnegie Mellon.

To see a more detailed biography, visit IAmHerbalifeNutrition.com.

Live Q&A

John DeSimone

President

John Agwunobi

Chief Executive Officer and Chairman

Alex Amezquita

Chief Financial Officer

John DeSimone
John DeSimone

President

As president of Herbalife Nutrition, John DeSimone is committed to helping people live healthy active lifestyles through personalized nutrition and a proven business opportunity.

DeSimone manages the Company's regional leadership, who are responsible for growing the premier nutrition business and driving performance in 95 countries. He also is responsible for global distributor-facing functions.

DeSimone joined Herbalife Nutrition in 2007, holding leadership roles including co-president/chief strategic officer and chief financial officer. Previously, he worked as a senior corporate finance executive at Rexall Sundown, Inc., a multinational manufacturer of sports nutrition products.

A graduate of Bryant University, he served on the board of trustees of the California Science Center.

To see a more detailed biography, visit IAmHerbalifeNutrition.com.

John Agwunobi
John Agwunobi

Chief Executive Officer and Chairman

John Agwunobi is CEO and Chairman of Herbalife Nutrition, a premier global nutrition company that serves customers in 95 countries. Agwunobi, who joined the Company in 2016, oversees the Company’s growth and continued worldwide recognition as a leading nutrition company, which positively impacts issues affecting global society.

Previously, he served in senior private and public sector roles, including at Walmart and the U.S. Department of Health and Human Services.

Agwunobi has a Master's in public health from Johns Hopkins University and an MBA from Georgetown University. He completed his pediatric residency at Howard University and is currently a licensed physician in Florida.

To see a more detailed biography, visit IAmHerbalifeNutrition.com.

Alex Amezquita
Alex Amezquita

Chief Financial Officer

Alex Amezquita oversees the Company’s corporate financial functions, including financial reporting, accounting, tax and treasury functions.

Prior to joining Herbalife Nutrition in 2017, Amezquita was senior vice president at Moelis and Company, a leading global investment bank. At Moelis, he worked extensively as a financial advisor to Herbalife Nutrition on key strategic and financial initiatives.

His more than 20 years of experience prior to joining Herbalife Nutrition included investment banking at Merrill Lynch and Centerview Partners, and engineering at Northrop Grumman and Cisco Systems.

Amezquita holds an MBA in finance from Wharton, and a Master’s and Bachelor of Science in electrical and computer engineering from Carnegie Mellon.

To see a more detailed biography, visit IAmHerbalifeNutrition.com.

Our Featured Distributors

Trey & Mamie Herron

Chairman’s Club (United States)

Nutrition Club growth in rural communities stateside and abroad.

Trey & Mamie Herron
Trey & Mamie Herron

Chairman’s Club (United States)

Trey Herron is the second generation of an Herbalife Nutrition Distributorship. His parents started their Herbalife Nutrition business when he was only 10 years old. Seeing them in action – building a business while enjoying a healthy, active lifestyle and helping others to do the same – left an impression on Trey and ultimately inspired him to follow in their footsteps 29 years ago.

After marrying, Trey and Mamie went to expand their business abroad. They worked consistently for several years in Asia and developed an international organization. Yet, Trey and Mamie achieved their greatest success and Chairman’s Club* level after moving back to their home state of Mississippi, where they focus on Nutrition Clubs to bring healthy and tasty nutrition to small town communities all over the state. Since then, they have grown a successful organization rooted in their commitment and passion for serving others. Through Nutrition Clubs, they’re able to give back to their community by hosting free Fitness Camps, supporting local charities and fundraising efforts, and offering opportunities to learn about proper nutrition. They have provided access to healthy nutrition for thousands of people living in small town communities across Mississippi and other states through more than 1,400 independent Nutrition Clubs in their organization. They’ve also grown a generation of leaders, one of which reached the prestigious Chairman’s Club level.

*Atypical achievements shown from these Top 1% distributors came from hard work, skill and dedication. In the US, most people work part-time and typically earn $201 in a month in their 1st year, before expenses. For more, see Herbalife.com/SAGC.

Shyamal & Vineeta Rai

Senior Executive President’s Team, 20K (India)

Nutrition Club evolution and the future of the hybrid business model.

Shyamal & Vineeta Rai
Shyamal & Vineeta Rai

Senior Executive President’s Team, 20K (India)

Driven by the amazing personal results they got from Herbalife Nutrition products, Shyamal and Vineeta joined a Nutrition Club in January 2013. With better nutrition and a healthier, more active lifestyle, Shyamal lost 32 kilograms, and Vineeta, 20 kilograms. Encouraged by their own results, they decided to help others and start a home Nutrition Club in 2013. Since then, with persistent hard work, their organization of Herbalife Nutrition Independent Distributors have opened 66 Nutrition Clubs and continue to add more customers to them. The Nutrition Clubs have built a strong customer base by running multiple educational activities and events. Although they faced challenges, 2020 became a year of opportunity for Shyamal and Vineeta, as they transitioned their business online through Virtual Nutrition Clubs. There are now over 100 independent Virtual Nutrition Clubs running in their organization, with thousands of customers attending daily. Going forward, they plan to combine in-person and Virtual Nutrition Clubs to provide greater access to healthy nutrition and education to more people in their community.*

*Atypical achievements shown from these Top 1% distributors came from hard work, skill and dedication.  In the US, most people work part-time and typically earn $201 in a month in their 1st year, before expenses. For more, see Herbalife.com/SAGC.

Polly Meirovich Waitzman

Millionaire Team Plus, (Israel)

Connecting and building community with Gen Z through social platforms.

Polly Meirovich Waitzman
Polly Meirovich Waitzman

Millionaire Team Plus, (Israel)

Polly was born into the Herbalife Nutrition family. Growing up, she spent a lot of time with her cousins and was fortunate to travel with them due to her aunt’s hard work and achievements with her Herbalife Nutrition business. Polly got started on the products and the business in early 2015 when she turned 18 years old. In the beginning, she served in the army during the day and promoted Herbalife Nutrition at night. After being discharged from the army in 2017, she was excited about living a healthy, active lifestyle and decided to open a Nutrition Club to share the products and lifestyle with others. She created a wide customer base by offering excellent customer and Distributor daily support within her Nutrition Club.

With hard work and dedication, this business model began to attract more interest. She began helping customers start their own business – even working with friends and family members as customers. She works very closely with her organization and teaches them the process which allowed her to create a customer base that turned into a sustainable business. 2020 was an opportunity to learn and grow. She has incorporated online group challenges to offer support, recognition and encouragement to keep existing and new customers engaged. Polly offers a variety of online activities, such as videos on healthier eating and cooking with Herbalife Nutrition products. This has allowed her to support her customers virtually, and she has decided to continue to utilize these methods in the future, as they help her broaden her reach to support more customers beyond her local area.*

*Atypical achievements shown from these Top 1% distributors came from hard work, skill and dedication.  In the US, most people work part-time and typically earn $201 in a month in their 1st year, before expenses. For more, see Herbalife.com/SAGC.

Quentin Rivoire

International Executive President’s Team, 30K (France)

Using social platforms, one-to-one connections and virtual Fit Challenges to connect with Gen Z.

Quentin Rivoire
Quentin Rivoire

International Executive President’s Team, 30K (France)

In 2012, Quentin started his Herbalife Nutrition business in Australia at the age of 22. He was a professional rugby player looking for opportunities in the wellness industry. He was impressed with the results customers had with Herbalife Nutrition products and saw a great opportunity for himself. He immediately got on the products, achieved great personal results and attended multiple trainings while beginning to build his business.

In 2014, he went back to France and started a Wellness Center in Grenoble to support customers and his organization. Since sports have always been a big part of his life, Quentin incorporated fit activities and challenges in his customers’ programs. After nine years of intensive teamwork, he and his organization developed over 100 independent Wellness Centers around the country, serving thousands of consumers monthly.*

In addition to in-person support centers, Quentin and his team have created an extensive online structure, which includes monthly calendars packed with activities to keep their customers and Distributors engaged with the community. They utilize segmented Messenger groups to stay connected with all of their people 24/7. This thorough yet simple structure allows them to prioritize customer support and results, which is being continuously duplicated throughout his group.

*Atypical achievements shown from this Top 1% distributor came from hard work, skill and dedication.  In the US, most people work part-time and typically earn $201 in a month in their 1st year, before expenses. For more, see Herbalife.com/SAGC.

Pablo Nebrera & Miriam Sanchez

Senior Executive President’s Team, 50K (Spain)

Client retention, connection and business acceleration through social media.

Pablo Nebrera & Miriam Sanchez
Pablo Nebrera & Miriam Sanchez

Senior Executive President’s Team, 50K (Spain)

Pablo and Miriam found Herbalife Nutrition in 2015 through social media after their sponsor posted a picture using the products. Once they achieved their own results on the products, they became interested in the Business Opportunity. They believe they are carrying on Mark Hughes’ philosophy of ‘use, wear, talk’, which the business is founded on. Strategically, they take advantage of social media’s global reach to help spread the word about Herbalife Nutrition products and living a healthy, active lifestyle. They focus on product results, life experiences and the flexibility of being their own boss. The connection begins with direct messages or posted questions from their social media followers. This opens the door to building a connection and relationship to welcome them into the friendly and supportive Herbalife Nutrition community.

Pablo and Miriam use technology-based tools to interact and support their customers. They also work very closely with new customers to ensure they receive results and build confidence in the brand. Their structured approach focuses on customer satisfaction and community, which ensures customers continuously feel they are a priority. By utilizing organized Messenger groups, they connect their customers and Distributors with their team to provide around-the-clock interaction and support.

*Atypical achievements shown from these Top 1% distributors came from hard work, skill and dedication. In the US, most people work part-time and typically earn $201 in a month in their 1st year, before expenses. For more, see Herbalife.com/SAGC.