About Herbalife

The company pursues its global mission of changing people’s lives by marketing and selling its products through a network of over 2.3 million independent distributors who conduct business in 77 countries worldwide.  Our products include protein shakes; protein snacks; nutrition, energy and fitness supplements; and personal care products.  For those wishing to become distributors, we also offer a financially rewarding business opportunity.

History

Herbalife was founded by entrepreneur Mark Hughes in California in 1980.  After 20 years of building the foundation for Herbalife, Hughes died in 2000.  In July 2002, the company was acquired by an investor group led by two private investment firms.  In April 2003, Michael O. Johnson joined the company as CEO.   In December, 2004, the company conducted a public offering and its shares are traded on the New York Stock Exchange under the symbol “HLF.”  The company had record retail sales of $3.5 billion in 2007.

Under Johnson’s direction, the company has doubled  – from 2003 net sales of $1.1 billion to over $2.7 billion in 2010 – and has built a global brand through its sponsorship of athletes, events and teams around the world, including the LA Galaxy, the LA Triathlon, Amgen Tour of California and American Youth Soccer Organization (AYSO). He has strengthened Herbalife’s product development through the creation of Scientific and Nutrition Advisory Boards, the continued funding of the Mark Hughes Cellular and Molecular Nutrition Laboratory at UCLA, research and clinical studies at other leading universities and the development of the Herbalife Product and Science Center in Los Angeles.  Prior to Herbalife, Michael spent 17 years with The Walt Disney Company.

Corporate headquarters are located in Los Angeles, Calif., USA.