10:20 AM EDT, 03/20/2024 (MT Newswires) -- Herbalife Nutrition (HLF) said Wednesday it named John DeSimone as chief financial officer.

DeSimone, who most recently served as a special advisor to the chief executive, succeeds Alex Amezquita, who will stay with the company, Herbalife ( HLF ) said.

The company expects Q1 net sales growth between 1% and 3% year on year.

In 2024, it expects net sales to rise between 0% and 5% year on year.

Herbalife ( HLF ) shares were rising 5.6% in recent trading.

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