Tag Archive for CFO

Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today announced the appointment of John DeSimone as Chief Financial Officer, succeeding Alex Amezquita who will remain with the Company.
Mr. DeSimone has been an executive at Herbalife for the past 17 years, including more than 8 years as CFO from 2010 – 2018 and 4 years as President and Co-President from 2018 – 2022. Most recently, he served as a Special Advisor to the CEO.

“John is a talented and proven finance leader, who has immense experience with Herbalife and a successful track record,”

said Michael Johnson, Chairman and Chief Executive Officer.

“We believe with Stephan Gratziani as President driving top-line growth and John focusing on our commitment to expand margins, reduce debt and improve overall financial performance, we are well-positioned to return to growth and maximize shareholder value in both the near and long term.”

In addition, management is beginning to observe more stability in the business. Based on this and other positive trends observed, Herbalife is initiating guidance for the first quarter and full-year 2024.
First Quarter and Full-Year 2024 Guidance:

Included in the full-year 2024 guidance is approximately $40 million of savings from a new organizational redesign project the

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The CFO's Daily Checklist: 10 Strategies to Be More Efficient and Effective

by Entrepreneur Events • January 29, 2024 • 0 Comments

Join us for this free webinar and learn concrete strategies that you can use to manage yourself and others as a financial professional … and so much more.

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Nu Skin Appoints James D. Thomas As Chief Financial Officer

by Team Business For Home • July 29, 2023 • 0 Comments

Nu Skin Enterprises, Inc today announced the appointment of James D. Thomas as executive vice president and chief financial officer. Thomas has been serving as interim CFO for the past four months and has been the company’s chief accounting officer for the past four years.
“Based on his extensive experience, James has a deep understanding of our operations and the ability to strategically align our financial resources to support our current business as well as our vision for the future. He brings strong leadership and solid financial expertise to our senior management team as we continue to execute on our strategy and transformation.”
Said Ryan Napierski, president and CEO.
Thomas joined Nu Skin in 2010 and has served as interim chief financial officer since April 2023 and as chief accounting officer since 2019. He has played a critical role in the company’s mergers and acquisitions strategy and has led several projects across multiple disciplines such as the global alignment of the company’s financial operations and a recent project to identify cross-functional efficiencies to improve margins across the company.
Prior to Nu Skin, Thomas worked as an assistant controller of another public, technology-enabled wellness company and served in the assurance practice at PricewaterhouseCoopers LLP. Thomas holds Bachelor of Science

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Tupperware Names Mariela Matute As New Chief Financial Officer

by Team Business For Home • June 7, 2022 • 0 Comments

Tupperware Brands Corporation (NYSE: TUP), a leading global consumer products company, announced today that effective May 24, 2022, Mariela Matute will become the new Chief Financial Officer (CFO) of the company.
Matute will join Tupperware with more than 20 years in various finance roles spanning the technology, consumer and manufacturing sectors.
She is currently serving as CFO of Calavo Growers (NASDAQ: CVGW), a publicly-traded global leader in avocado distribution and fresh foods processing, serving retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide.
While at Calavo, Matute has helped to drive the transformation and turnaround of the 100-year old company through her role in leading accounting, financial planning and analysis (FP&A), investor relations, treasury, information technology, internal audit and legal.
“We welcome Mariela to the team as a critical player in our Turnaround Plan to help us restore our iconic brand to growth,”
said Miguel Fernandez, President & Chief Executive Officer of Tupperware Brands.
“Our goal is to build a business that is as big as our brand, delivering value to all of our stakeholders and enabling more consumers than ever before to access our loved and trusted products.
Mariela’s deep financial acumen will be a significant benefit to us as we

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Young Living Promotes Lee Bowen To CFO

by Ted Nuyten • June 8, 2018 • 0 Comments

Young Living Essential Oils, the world leader in essential oils, announced the appointment of Lee Bowen as its Chief Financial Officer.
In his new role, Bowen will be responsible for all aspects of the company’s financial condition, as well as overseeing the Accounting, Tax, Finance, Commission Services, and Human Resources departments.

“At Young Living, much like we seek out the best botanicals from around the world, we search high and low for the best and brightest talent in the business,”
said Mary Young, Young Living’s Chief Executive Officer.
“That’s why Lee was recruited, and he’s been dazzling us in the Finance department for years. I am so proud to welcome him to our executive team.”
Before being named Chief Financial Officer, he joined Young Living in 2014 as Director of Finance and was subsequently promoted to Sr. Director of Finance, VP of Finance, and most recently to Senior VP of Finance. He has played a critical role in overseeing Young Living’s financial planning and analysis, fraud management, treasury, banking, commission services, payroll, and risk management.
“After an exhaustive search process, we are pleased to announce that we found the best person to fill the Chief Financial Officer role in our own Lee Bowen,” said Jared

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Amway Names Nick Thole As Chief Financial Officer

by Ted Nuyten • October 30, 2017 • 0 Comments

Amway, the $8.8 billion USD direct selling leader, announced the appointment of Nick Thole to the role of Chief Financial Officer.
As a member of the executive team, Thole will provide broad financial oversight and will be responsible for developing strategic financial objectives to ensure the company’s continued financial performance.
In this position, Thole will have direct responsibility for Amway’s balance sheet, capital structure, and the overall financial reporting and control process with broad responsibilities for Tax, Treasury, Accounting and Corporate Financial Reporting and Business Planning.
Thole previously served as Chief Financial Officer of the Company’s Europe, India and Africa region, Vice President of Internal Audit, and Vice President of Financial Planning and Analysis. He joined Amway in 2008 as Manager of Mergers and Acquisitions.
Prior to Amway, Thole worked in the capital markets as an investment banker and investor relations consultant. He has a Bachelor of Science degree in Journalism from Northwestern University and an MBA in Finance from Michigan State University.
About Amway
Amway is an $8.8 billion direct-selling business based in Ada, Michigan, USA. Top-selling brands for Amway are Nutrilite™ vitamin, mineral and dietary supplements, Artistry™ skincare and color cosmetics, eSpring™ water treatment systems and XS™ energy drinks – all sold exclusively by

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Interview With Isis De La Torre CFO iMarketslive

by Ted Nuyten • June 5, 2017 • 0 Comments

Isis De La Torre, is CFO of International Markets Live, Inc, better known as iMarketsLive in the Network Marketing Arena, and has taken the time to tell us more about herself, the company, and her vision
We asked Isis to give us One Word to describe her company and to give us more insight on how iMarketsLive has helped enhance the many lives around the world, especially women in a male dominated industry.
Isis de La Torre:
“International Markets Live Inc. (IML) is in one word Empowerment.
IML was born from an inspiration, a vision, and a mission. IML CEO, Christopher Terry and I, always believed in creating a True Vehicle that will bring people respect and dignity for themselves, and the power to change their lives and the lives of others, from any financial, educational, and cultural background, and from any country around the world.
First, it was always my vision and goal to empower women because my personal believe is that women are the pillar of our families. Women are responsible for the well being of our spouses, children, parents, brothers, sisters, community, society, country, and the whole world.
Women have to learn more about financial education, so we can pass that knowledge to our children,

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LifeVantage Announces Management Change

by Ted Nuyten • January 19, 2017 • 0 Comments

LifeVantage Corporation (Nasdaq:LFVN), announced today the appointment of Gary Koos as Interim Chief Financial Officer, effective January 19, 2017.
Mark Jaggi’s employment with the Company has been terminated, effective immediately. The Company has undertaken a search for a permanent Chief Financial Officer.
“We are pleased to have Gary Koos join the company as Interim CFO,” said LifeVantage President and Chief Executive Officer, Darren Jensen. “In addition to his international financial expertise and leadership capabilities, Gary’s extensive operational skills and experience establishing enterprise-wide policies and controls will be vital as we continue to focus on creating value for our shareholders.”
Mr. Koos brings more than 35 years of financial and leadership experience, having served in multiple C-level financial and operational roles across a broad range of industries. Most recently, Mr. Koos served as Head of