Herbalife Nutrition announced that John Agwunobi, who will become CEO effective March 30, 2020, will also assume the role of Chairman of the Board, effective upon his election to the Board at the upcoming Annual Meeting of Shareholders. Michael Johnson will retire as Chairman and CEO after 17 years at the company. James Nelson, Lead Independent […]
Herbalife Nutrition announced that John Agwunobi, who will become CEO effective March 30, 2020, will also assume the role of Chairman of the Board, effective upon his election to the Board at the upcoming Annual Meeting of Shareholders. Michael Johnson will retire as Chairman and CEO after 17 years at the company. James Nelson, Lead Independent […]
Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2019 Fourth quarter reported net sales of $1.2 billion increased 2.8 percent compared to the prior year period. Regionally, net sales for the fourth quarter of 2019 were: Asia Pacific: net sales of $330.4 million, an increase […]
Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2019 Fourth quarter reported net sales of $1.2 billion increased 2.8 percent compared to the prior year period. Regionally, net sales for the fourth quarter of 2019 were: Asia Pacific: net sales of $330.4 million, an increase […]
The Board of Directors of Herbalife Nutrition announced that John Agwunobi, co-president and chief health and nutrition officer, will become chief executive officer, effective March 30, 2020. At that time, John DeSimone, co-president and chief strategic officer, will become president. Michael Johnson, who is serving as CEO on an interim basis, will remain chairman of the Board of Directors. “With an accomplished […]
When the WFDSA numbers came out in June, it showed that 46 percent of the global revenue for direct selling came from Asia/Pacific (32% North America, 21% Europe) with China its largest market making up the bulk of that number (nearly 40%). In our July feature titled The China Conundrum, we discussed the possible impact […]
Herbalife Nutrition recently announced it has been named the official sports nutrition partner of the International Champions Cup (ICC). The ICC, founded in 2013, is the world’s premier annual summer soccer tournament featuring 12 of the top clubs in the world, playing 18 matches in 16 cities across North America, Europe and Asia. It is […]
Direct Selling News’ Publisher and Editor in Chief recently spoke with Rich Goudis about his first year on the job as CEO of Herbalife Nutrition. So how are you feeling with your first year as CEO now behind you? Sum up for us your first year in the role. Rich Goudis: Mostly successful I would […]