LOS ANGELES--(BUSINESS WIRE)--
Premier global nutrition company, Herbalife (NYSE: HLF), today announced
the appointment of Frank Lamberti to the role of executive vice
president and managing director, The Americas and Worldwide Marketing.
In this role, Lamberti will lead global marketing, and will work closely
with our distributors and their customers across a region that includes
the United States, Canada, South and Central America and Mexico.
Lamberti succeeds Miguel Angel Fernandez, who has left the Company to
assume the role of president of Avon Products, Inc.
"For more than 12 years, Frank has made a positive impact on Herbalife
Nutrition, assuming broader and increasingly more challenging leadership
roles covering many key areas of our business," said Richard P. Goudis,
Herbalife Nutrition chief executive officer. "As a result, he is
respected by our distributor leaders, and is highly regarded by our
employees and executive team."
"During his time with Herbalife Nutrition, Miguel made many
contributions to the company, and we thank him, and wish him all the
best in his new role as president of Avon," said Goudis.
Lamberti, who has been with Herbalife Nutrition since 2005, was formerly
the senior vice president of Strategic Business Initiatives, responsible
for overseeing several key initiatives for the Company including
oversight of the FTC implementation. Previously, Lamberti has held a
number of leadership positions with the Company including senior vice
president and managing director, North Asia; worldwide head of Financial
Planning and Analysis, Strategic Planning, Distributor Ethics and
Compliance, and Investor Relations.
Prior to joining Herbalife Nutrition, Lamberti held various management
roles in finance, consumer services and accounting at Sunbeam
Corporation, DHL, and Rexall Sundown, among others. He is a graduate of
Florida Atlantic University, where he received a Bachelor of Science
degree in Business Management.
The Company also announced the recent appointment of Richard Werber to
acting general counsel while the Company conducts a search for the role.
The previous general counsel, Mark Friedman, is now working on special
projects for the Company.
"Having worked together in the past, I value Rick's legal expertise and
am happy to be able to access his numerous talents once again," said
As acting general counsel of Herbalife Nutrition, Werber has global
responsibility for all legal departments for the Company's business
around the world. He has over 30 years of legal experience and served as
the vice president, general counsel and secretary of Rexall Sundown,
Inc., a multinational manufacturer of nutritional supplements and sports
nutrition products. Prior, he was a partner in several law firms
including Holland & Knight LLP.
Herbalife Nutrition is a global nutrition company whose purpose is to
make the world healthier and happier. We have been on a mission for
nutrition - changing people's lives with great nutrition products &
programs - since 1980. Together with our Herbalife Nutrition independent
distributors, we are committed to providing solutions to the worldwide
problems of poor nutrition and obesity, an aging population,
sky-rocketing public healthcare costs and a rise in entrepreneurs of all
ages. We offer high-quality, science-backed products, most of which are
produced in Company-operated facilities, one-on-one coaching with an
Herbalife Nutrition independent distributor, and a supportive community
approach that inspires customers to embrace a healthier, more active
Our targeted nutrition, weight management, energy and fitness and
personal care products are available exclusively to and through
dedicated Herbalife Nutrition distributors in more than 90 countries.
Through our corporate social responsibility efforts, Herbalife Nutrition
supports the Herbalife Family Foundation (HFF) and our Casa
Herbalife programs to help bring good nutrition to children in need. We
are also proud to sponsor more than 190 world-class athletes, teams and
events around the globe, including Cristiano Ronaldo, the LA Galaxy, and
numerous Olympic teams.
Herbalife Nutrition has over 8,000 employees worldwide, and is traded on
the New York Stock Exchange (NYSE: HLF) with net sales of
approximately $4.5 billion in 2016. To learn more, visit Herbalife.com
Financial information is available on ir.herbalife.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170613006026/en/
Jennifer Butler, 213-745-0420
Alan Quan, 213-745-0541
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