Herbalife was founded by entrepreneur Mark Hughes in California in 1980. Hughes died in 2000. In July 2002, the company was acquired by an investor group led by Whitney & Co LLC and Golden Gate Capital, Inc. In April 2003, Michael O. Johnson joined the company as CEO. Johnson spent 17 years with the Walt Disney Corporation, most recently as president of Disney International, and brought to Herbalife a demonstrated track record of success as a leader and manager, including significant achievements in business building, global operations, sales leadership, marketing and product innovation. 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.
Herbalife Ltd. (NYSE: HLF) is a global nutrition and direct selling company. Our products include protein shakes; protein snacks; nutrition, energy and fitness supplements; and personal care products. The company pursues its global mission of changing people's lives by marketing and selling its products through a network of over 1.9 million independent distributors who conduct business in 70 countries worldwide. For those wishing to become distributors, the company also offers a financially rewarding business opportunity.
