---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-080572"
form_type: "8-K/A"
ticker: "HLF"
cik: "0001180262"
company_name: "HERBALIFE LTD."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:47:19.424470+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Herbalife appoints John DeSimone CFO; grants $7.25M in stock appreciation rights

## Summary
- John DeSimone appointed CFO effective March 17, 2024; employment agreement executed March 27, 2024, term through March 26, 2026.
- Award of SARs with grant date fair value of $7,250,000; vests 50% on first anniversary and 50% on second anniversary.
- SARs have ten-year term; forfeiture on voluntary resignation or cause termination before second anniversary.
- Pro-rata vesting on termination without cause; full acceleration within 24 months after change in control.

## SEC filing metadata
- accession: 0001193125-24-080572
- form_type: 8-K/A
- ticker: HLF
- cik: 0001180262
- company_name: HERBALIFE LTD.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1180262/000119312524080572/0001193125-24-080572-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1180262/000119312524080572/d771475d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-080572
- JSON: https://secwatch.observer/filing/0001193125-24-080572.json
- Plain text: https://secwatch.observer/filing/0001193125-24-080572.txt

## Key facts
- Executive change
  John DeSimone was appointed as Chief Financial Officer at HERBALIFE LTD..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: executed an employment agreement with John DeSimone in connection with his appointment as the Company’s Chief Financial Officer (the “CFO Employment Agreement”), effective March 17, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1180262/000119312524080572/0001193125-24-080572-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.