Herbalife Nutrition Appoints Industry Veteran, Mark Schissel, New Chief Operating Officer
04 Mai 2021 - 10:15PM
Business Wire
After more than 17 years, current Chief
Operating Officer, Dave Pezzullo will retire in August 2021
Herbalife Nutrition Ltd. (NYSE: HLF), a global nutrition
company, today announced appointment of its new Chief Operating
Officer, industry veteran, Mark Schissel, to replace David
Pezzullo, who has announced his planned retirement, after working
at the Company for more than 17 years. The appointment of Schissel,
who is currently executive vice president of worldwide operations,
is part of the Company’s existing succession plan. Mr. Schissel
will report directly to the CEO and continue to serve on the
Executive Committee. Mr. Schissel will assume his new role on
August 2, 2021 and to ensure a smooth transition, Mr. Pezzullo will
remain in an advisory role through March 2022.
“Mark is an amazing leader, who over the years has demonstrated
his ability to lead a complex global organization and has our
confidence to guide us through our continued growth,” said John
Agwunobi, Chairman and CEO of Herbalife Nutrition. “He is part of
the Company’s executive bench consisting of an impressive and
capable group that will continue to lead with passion and
vision.”
Mr. Schissel joined the Company in 2007 as vice president of
enterprise applications, where he was responsible for all IT
matters relating to the Company’s business applications around the
world and served as chief information officer prior to his current
role leading worldwide operations. Currently, Mr. Schissel is
responsible for all aspects of developing products and bringing
them to market, including supply chain, R&D, scientific
affairs, quality, manufacturing, distribution, and logistics. As
Chief Operating Officer, Mr. Schissel will be responsible for
overseeing worldwide operations, global business services, the
regional finance and operations functions, information technology
and infrastructure, cyber security and global security.
“I am incredibly excited about the opportunity to play an even
larger role in the Company’s growth as it provides great-tasting
nutrition products and a proven business opportunity to people
around the globe,” said Mr. Schissel.
Mr. Pezzullo came to the company in 2004 as the senior vice
president of finance and the chief accounting officer, helping
guide the Company through its initial public offering in 2004. He
later assumed the role of executive vice president of worldwide
operations, leading a major investment in manufacturing, supply
chain and quality assurance, helping usher the Company into its
leadership role as a premier global nutrition company, and finally
into his current role as Chief Operating Officer and Chief of
Staff.
Agwunobi added, “Dave’s leadership and contributions across
several functions have been integral to the success of our company.
While we will greatly miss his leadership and his endearing
personality, he leaves behind a world-class team and
operation.”
In a separate announcement this afternoon, the Company reported
record-setting first quarter 2021 financial results. The press
release can be found at https://ir.herbalife.com/press-releases
About Herbalife Nutrition Ltd.
Herbalife Nutrition is a global company that has been changing
people's lives with great nutrition products and a proven business
opportunity for its independent distributors since 1980. The
Company offers high-quality, science-backed products, sold in over
90 countries by entrepreneurial distributors who provide one-on-one
coaching and a supportive community that inspires their customers
to embrace a healthier, more active lifestyle. Through the
Company's global campaign to eradicate hunger, the Company is also
committed to bringing nutrition and education to communities around
the world.
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