Herbalife Ltd. shared the next step of its management succession process with the announcement of Mark Schissel’s retirement. Schissel joined the company 16 years ago as Vice President Enterprise Applications and eventually led the company as Chief Operating Officer. He will now assume a strategic advisory role to ensure a smooth transition and will continue to work on special projects for the company. 

Frank Lamberti will succeed Schissel beginning July 1 as Chief Operating Officer and will oversee product innovation and supply chain, digital content and infrastructure, distributor and sales analytics and back-office operations. Lamberti joined Herbalife in 2005 as Vice President of Investor Relations and has served in a number of roles, including Regional President of the Americas. 

Additionally, Herbalife announced the expansion of Ibi Montesino’s role as Executive Vice President and Chief of Staff to encompass all global distributor facing business and employee management and relations. Rob Levy has also been appointed as part of this plan to Regional President of the Americas and will be responsible for all strategic, sales and marketing functions across the region. 

“I have worked with Frank, Ibi and Rob at various points during their careers, and I have complete trust in them,” Johnson said. “I know they will bring wisdom, passion and hard work to these roles. I’m proud and excited to be on their team.”