secwatch.observer — SEC 8-K summary
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Issuer:     HERBALIFE LTD. (HLF)
CIK:        0001180262
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0001193125-24-000719
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herbalife appoints Stephan Gratziani as President effective Jan 2, 2024
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- Stephan Gratziani, previously Chief Strategy Officer, appointed President effective January 2, 2024.
- Annual salary $650,000; target cash incentive 85% of base; eligible for long-term incentive plan.
- Gratziani had served as Chief Strategy Officer since August 2023 and was a director from April to August 2023.
- He was an independent distributor for over 32 years, earning $4.2M as a distributor in 2023.
- He will discontinue role as Chief Strategy Officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1180262/000119312524000719/0001193125-24-000719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1180262/000119312524000719/d680872d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-000719

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer