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Herbalife Announces the Closing of $600 Million Senior Notes
Herbalife Announces the Closing of $600 Million Senior Notes
Herbalife Nutrition Ltd. announced the closing of $600 million aggregate principal amount of senior notes due 2029. The notes were a previously announced offering by HLF Financial SaRL, LLC and Herbalife International, Inc. These notes have a fixed annual interest rate of 4.875%, to be paid semi-annually on June 1 and December 1 of each […]
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Investor Carl Icahn Sells Remaining Stake in Herbalife
Investor Carl Icahn Sells Remaining Stake in Herbalife
Herbalife Nutritional Ltd. announced that Carl Icahn has sold his remaining stake in the company.  After a widely-publicized battle with billionaire hedge fund manager William Ackman, who had placed a $1 billion short position in Herbalife stock in 2012 and then began a campaign against the company, Icahn Enterprises became an activist for Herbalife, investing […]
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Herbalife Proposes Offering of $500 Million of Senior Notes
Herbalife Proposes Offering of $500 Million of Senior Notes
Herbalife Nutrition Ltd. announced HLF Financing SaRL, LLC and Herbalife International, Inc. intend to offer $500 million aggregate principal of senior notes, which are due 2029, in a private offering to buyers which qualify pursuant to Rule 144A under the Securities Act of 1933.
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Herbalife Nutrition Selects Mark Schissel as New Chief Operating Officer
Herbalife Nutrition Selects Mark Schissel as New Chief Operating Officer
Herbalife Nutrition Ltd. has appointed Mark Schissel as the company’s new Chief Operating Officer. Schissel will succeed David Pezzullo, who is retiring after working with the company for more than 17 years, and will assume this new title on August 2, 2021.
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Herbalife Nutrition Reports Net Sales of $1.5 Billion in Q1 2021
Herbalife Nutrition Reports Net Sales of $1.5 Billion in Q1 2021
Herbalife Nutrition announced first quarter 2021 financial results, including an 18.9% increase over the same quarter last year, creating a new company record of $1.5 billion.  “This quarter we delivered record first quarter results with net sales growth of 18.9%, as our distributors delivered valuable nutrition solutions to consumers around the world,” said John Agwunobi, Chairman […]
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Herbalife Nutrition Ranked #1 Weight Management Brand by Euromonitor International
Herbalife Nutrition Ranked #1 Weight Management Brand by Euromonitor International
Herbalife Nutrition was named the world’s number one brand in weight management and wellbeing by Euromonitor International, an independent market research firm. This is the fifth year Herbalife has been awarded a top ranking, with previous rankings including the categories of weight management, meal replacements and protein supplements. “Being named the top brand in the […]
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Herbalife: Renewal
Herbalife: Renewal
Herbalife Nutrition plotted a strategy more than three years ago to continue the development of high-quality, science-based products that leverage global consumer trends and local preferences.
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Herbalife Nutrition Now the Official Nutrition Partner of the Royal Challengers Bangalore
Herbalife Nutrition Now the Official Nutrition Partner of the Royal Challengers Bangalore
Herbalife Nutrition is partnering with Royal Challengers Bangalore for the 2021 season of the Indian Premier League.  “We understand the deep synergy between sports nutrition and performance, and we are proud to extend our expertise to Royal Challengers Bangalore,” said Ajay Khanna, Vice President and India Country Head, Herbalife Nutrition. “The team comprises some of […]
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Herbalife Nutrition Partners with Feed the Children to Include Recipe Cards in Food Boxes to Low-Income Families
Herbalife Nutrition Partners with Feed the Children to Include Recipe Cards in Food Boxes to Low-Income Families
Herbalife Nutrition, as part of its Nutrition for Zero Hunger initiative, announced it will collaborate with Feed the Children to supply 48,000 sets of healthy snack and meal recipe cards in the Feed the Children’s food boxes that will be distributed to low-income families throughout the U.S. These recipe cards have a similar appearance and […]
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Herbalife Nutrition Logo to be Featured on LA Galaxy Uniform
Herbalife Nutrition Logo to be Featured on LA Galaxy Uniform
Herbalife Nutrition will be an official sponsor for the LA Galaxy during the 2021 Major League Soccer season. “We are excited to have our valued partner Herbalife Nutrition featured on our left jersey sleeve this season,” said LA Galaxy President Chris Klein. “As our partnership expands beyond the playing field and into serving the community […]
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Herbalife Nutrition Names First Nutrition for Zero Hunger Partner in Mexico
Herbalife Nutrition Names First Nutrition for Zero Hunger Partner in Mexico
Herbalife Nutrition’s philanthropic initiative, The Herbalife Nutrition Foundation, is now partnering with the nonprofit Asociacion Mexicana de Bancos de Alimentos to address food insecurity in Mexico. This partnership will be the first of its kind for the company’s Nutrition for Zero Hunger campaign in Mexico. “BAMX is doing remarkable work in Mexico and we are […]
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Herbalife Nutrition Selects Joe Miranda to Be its First Chief Digital Officer
Herbalife Nutrition Selects Joe Miranda to Be its First Chief Digital Officer
Herbalife Nutrition announced it has chosen Joe Miranda for the role of Chief Digital Officer. Miranda has more than two decades of experience as a global technology executive in the media, financial and data analytics industries, and has worked with Fortune 500 companies to develop and execute enterprise digital strategies and build integrated, customer-centric digital […]
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