Herbalife Q4 Adj EBITDA $150M beats guidance; Stephan Gratziani appointed CEO

HERBALIFE LTD.

Q4 net sales $1.2B, down 0.6% YoY but up 2.7% constant currency; at high end of guidance.
Q4 adjusted EBITDA $150.0M, exceeding guidance; margin up 340 bps vs Q4'23.
Full-year adjusted EBITDA $634.8M, above guidance; leverage ratio reduced to 3.2x.
Stephan Gratziani appointed CEO effective May 1, 2025; Michael Johnson becomes Executive Chairman.
Rob Levy named President, Worldwide Markets, succeeding Gratziani.

item 2.02 item 5.02 item 7.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001213900-25-015314
form_type: 8-K
ticker: HLF
cik: 0001180262
company_name: HERBALIFE LTD.
filed_at: 2025-02-19T23:59:59+00:00
discovered_at: 2026-05-14T18:03:03.101080+00:00
generated_at: 2026-05-26T10:40:13.317815+00:00
sec_items: ["2.02", "5.02", "7.01", "9.01"]
event_type: leadership
sentiment: positive
materiality_score: 0.85
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001213900-25-015314
json_url: https://secwatch.observer/filing/0001213900-25-015314.json
markdown_url: https://secwatch.observer/filing/0001213900-25-015314.md
text_url: https://secwatch.observer/filing/0001213900-25-015314.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1180262/000121390025015314/0001213900-25-015314-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1180262/000121390025015314/ea0231502-8k_herbalife.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Stephan Paulo Gratziani

Chief Executive Officer

HLF · HERBALIFE LTD.

Effective: 2025-05-01
Filed: Feb 19, 2025 23:59 UTC

Stephan Paulo Gratziani, the Company’s current President, was appointed as the Company’s Chief Executive Officer, effective May 1, 2025

Appointed

Rob Levy

President – Worldwide Markets

HLF · HERBALIFE LTD.

Effective: 2025-05-01
Filed: Feb 19, 2025 23:59 UTC

Rob Levy, the Company’s current Managing Director, International, will succeed Mr. Gratziani to serve as the Company’s President – Worldwide Markets.

Role change

Michael O. Johnson

Executive Chairman

HLF · HERBALIFE LTD.

Effective: 2025-05-01
Successor: Stephan Paulo Gratziani
Filed: Feb 19, 2025 23:59 UTC

succeeding Michael O. Johnson, the Company’s current Chairman and Chief Executive Officer, who will concurrently transition to serve as the Company’s Executive Chairman.

Source-grounded claims

4e89d0366c

Stephan Paulo Gratziani was appointed as Chief Executive Officer at HERBALIFE LTD..

Stephan Paulo Gratziani, the Company’s current President, was appointed as the Company’s Chief Executive Officer, effective May 1, 2025

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

a38c113c77

Rob Levy was appointed as President – Worldwide Markets at HERBALIFE LTD..

Rob Levy, the Company’s current Managing Director, International, will succeed Mr. Gratziani to serve as the Company’s President – Worldwide Markets.

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

e416bb91b4

Michael O. Johnson changed role as Executive Chairman at HERBALIFE LTD..

succeeding Michael O. Johnson, the Company’s current Chairman and Chief Executive Officer, who will concurrently transition to serve as the Company’s Executive Chairman.

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

Source: SEC EDGAR

accession 0001213900-25-015314

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.