Herbalife Shares Drop After CEO Stephan Gratziani Announces 2026 Departure
Herbalife Ltd saw its stock fall 12.5% after the company said CEO Stephan Gratziani will step down on October 31, 2026 and transition to a consulting role. The board has formed a committee to manage succession while CFO John DeSimone will serve as Interim CEO beginning November 1, 2026. The company affirmed its financial guidance for third quarter …