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Herbalife adds to corporate leadership team

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Global nutrition company Herbalife has 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 Herbalife’s 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.

“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 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.”

Goudis added, “During his time with Herbalife Nutrition, Miguel [Angel Fernandez] made many contributions to the company, and we thank him, and wish him all the best in his new role as President of Avon.”

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. Previously, Lamberti has held a number of leadership positions with the company including Senior Vice President and Managing Director, North Asia; 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.

Herbalife 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 Goudis.

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, a multinational manufacturer of nutritional supplements and sports nutrition products. Prior to this, he was a partner in several law firms including Holland & Knight LLP.

www.herbalife.com