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Herbalife Appoints New Country Director for Brazil

Tue. July 29, 2008; Posted: 05:29 PM
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LOS ANGELES, Jul 29, 2008 (BUSINESS WIRE) -- HLF | Quote | Chart | News | PowerRating -- Herbalife Ltd. (NYSE: HLF), a global nutrition and direct-selling company, announced the appointment of Marcelo Zalcberg as vice president and country director for Brazil. He reports to Tom Harms, acting managing director of South America.

In his new role, Zalcberg will be responsible for all marketing, sales and operations in Brazil. In the past three years, he has served as operations director for Herbalife Brazil and subsequently was promoted to senior director, sales. In that capacity, Zalcberg interacted with all areas of business within the company and above all, developed a very close and productive relationship with local Herbalife independent distributors.

Zalcberg, a seasoned executive with over twenty years of experience has been successfully leading businesses in Brazil and abroad with companies such as Unibanco AIG Seguros, Unibanco, Banco Nacional, and Odebrecht.

A native of Brazil, Zalcberg has an impressive academic background, which ranges from Fundacao Dom Cabral, The University College of London, where he obtained his master's degree in economics and management, Harvard Business School's Advanced Management Program, and the Universidade Federal do Rio de Janeiro.

Zalcberg is replacing Eneida Bini, who after four years of successfully leading the company to record sales has opted to take a consulting role with Herbalife and will be relocating to Australia for personal reasons.

About Herbalife Ltd.

Herbalife Ltd. (NYSE: HLF | Quote | Chart | News | PowerRating) is a global network marketing company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 66 countries through a network of over 1.8 million independent distributors. The company supports the Herbalife Family Foundation and its Casa Herbalife program to bring good nutrition to children. Please visit Herbalife Investor Relations for additional financial information.

SOURCE: Herbalife Ltd.

Herbalife Ltd. George Fischer, 310-410-9600 georgef@herbalife.com

For full details on Herbalife (HLF) click here. Herbalife (HLF) has Short Term PowerRatings of 5. Details on Herbalife (HLF) Short Term PowerRatings is available at This Link.

    


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