Herbalife Ltd. announced a planned leadership transition for its Chief Financial Officer (CFO) role. Following the upcoming retirement of current CFO John DeSimone at the end of this year, Scott Schaefer, currently Senior Vice President of Finance and Transformation will assume the role on January 1, 2027.

Schaefer has extensive executive leadership experience, including 16 years at Amazon subsidiary Zappos.com, where he ultimately served as President and CEO, and brings expertise in enterprise strategy, digital-first growth agendas, operations optimization, financial planning and analytics.

“I am grateful to John for both his partnership and his leadership – he has played an instrumental role in our transformation strategy, keeping us focused on financial discipline and strengthening our foundation so that we can accelerate and position the company for long-term success,” said Stephan Gratziani, Herbalife Chief Executive Officer. “As we look ahead, I am excited to work closely with Scott – a results-driven leader with deep financial and digital expertise who is uniquely equipped to support our next phase of growth.”

DeSimone has been a vital part of the Herbalife leadership team for almost two decades and held a number of executive roles, including President and Chief Strategic Officer.

“For nearly 20 years, John has been a trusted advisor, partner and mentor across the organization, generously sharing his expertise and enabling Herbalife to grow and scale,” said Michael O. Johnson, Herbalife Executive Chairman and Chairman of the Board. “John’s contributions and impact have been extensive – he leaves a lasting impact on the organization, and we thank him for his service and contributions.”