Herbalife Management

Management criteria checks 3/4

Herbalife's CEO is Michael Johnson, appointed in Nov 2022, has a tenure of 1.58 years. total yearly compensation is $1.28M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 0.49% of the company’s shares, worth €5.06M. The average tenure of the management team and the board of directors is 1.4 years and 6.2 years respectively.

Key information

Michael Johnson

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage	0.0%
CEO tenure	1.6yrs
CEO ownership	0.5%
Management average tenure	1.4yrs
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Johnson's remuneration changed compared to Herbalife's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$137m
Dec 31 2023	US$1m	US$1	US$142m
Sep 30 2023	n/a	n/a	US$186m
Jun 30 2023	n/a	n/a	US$226m
Mar 31 2023	n/a	n/a	US$252m
Dec 31 2022	US$10m	US$1	US$321m
Sep 30 2022	n/a	n/a	US$305m
Jun 30 2022	n/a	n/a	US$340m
Mar 31 2022	n/a	n/a	US$398m
Dec 31 2021	n/a	n/a	US$447m
Sep 30 2021	n/a	n/a	US$483m
Jun 30 2021	n/a	n/a	US$504m
Mar 31 2021	n/a	n/a	US$474m
Dec 31 2020	US$1m	US$338k	US$373m
Sep 30 2020	n/a	n/a	US$356m
Jun 30 2020	n/a	n/a	US$299m
Mar 31 2020	n/a	n/a	US$260m
Dec 31 2019	US$2m	US$874k	US$311m
Sep 30 2019	n/a	n/a	US$303m
Jun 30 2019	n/a	n/a	US$293m
Mar 31 2019	n/a	n/a	US$311m
Dec 31 2018	US$1m	US$436k	US$297m
Sep 30 2018	n/a	n/a	US$184m
Jun 30 2018	n/a	n/a	US$168m
Mar 31 2018	n/a	n/a	US$211m
Dec 31 2017	US$5m	US$902k	US$214m

Compensation vs Market: Michael's total compensation ($USD1.28M) is about average for companies of similar size in the German market ($USD1.30M).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.

CEO

Michael Johnson (69 yo)

1.6yrs

Tenure

US$1,276,565

Compensation

Mr. Michael O. Johnson is Chief Executive Officer of Herbalife Ltd. and has been its Chairman since November 2022 and its Director from April 27, 2022. He served as Interim Chief Executive Officer of Herba...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Johnson	Chairman & CEO	1.6yrs	US$1.28m	0.49% $ 5.1m
Stephan Gratziani	President & Chief Strategy Officer	less than a year	US$15.65m	0.024% $ 245.7k
Henry Wang	Executive VP	6.1yrs	US$2.27m	0.057% $ 590.6k
Ibelis Montesino	Executive VP & Chief of Staff	no data	US$1.92m	0.0095% $ 99.1k
Frank Lamberti	Chief Commercial Officer	less than a year	US$2.23m	0.25% $ 2.6m
Susan Peterson	Founder	no data	no data	no data
John DeSimone	Chief Financial Officer	less than a year	US$2.84m	0.21% $ 2.2m
Troy Hicks	Chief Operating Officer	less than a year	no data	0.024% $ 250.5k
Jehangir Irani	Senior VP & Principal Accounting Officer	5.4yrs	no data	0.017% $ 175.5k
Rhonda Vetere	Executive VP & Chief Information Officer	4.6yrs	no data	no data
Erin Banyas	Head of Investor Relations	1.2yrs	no data	no data
Andrew Dunbar	Senior VP & Chief Compliance Officer	4.4yrs	no data	no data

1.4yrs

Average Tenure

55yo

Average Age

Experienced Management: HOO's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Johnson	Chairman & CEO	2.2yrs	US$1.28m	0.49% $ 5.1m
Rocio Medina	VP of Worldwide Nutrition Training & Member of Nutrition Advisory Board	no data	no data	no data
Donal Mulligan	Independent Director	3.3yrs	US$289.99k	0.080% $ 832.0k
Louis Ignarro	Member of Nutrition Advisory Board	no data	no data	no data
David Heber	Chairman of Nutrition Advisory Board	no data	no data	no data
Nataniel Viuniski	Member of Advisory Board	no data	no data	no data
Marion Flechtner-Mors	Member of Nutrition Advisory Board	19yrs	no data	no data
Alla Pogozheva	Member of Nutrition Advisory Board	no data	no data	no data
Richard Carmona	Independent Director	10.7yrs	US$349.99k	0.034% $ 358.1k
Maria Otero	Independent Director	10.5yrs	US$294.99k	0.043% $ 444.7k
Alan LeFevre	Independent Lead Director	6.2yrs	US$319.99k	0.051% $ 531.6k
Sophie L'Hélias	Independent Director	3.3yrs	US$284.99k	0.028% $ 293.7k

6.2yrs

Average Tenure

69yo

Average Age

Experienced Board: HOO's board of directors are considered experienced (6.2 years average tenure).

Herbalife Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently bought €269k worth of stock

Insider recently bought €140k worth of stock

Herbalife Ltd. Announces Chief Financial Officer Changes

Herbalife Appoints Back Michael Levitt to Board of Directors

Chairman & CEO recently bought €463k worth of stock

Herbalife Ltd., Annual General Meeting, Apr 25, 2024

Recent updates

Independent Director recently bought €269k worth of stock

Herbalife Ltd. Provides Earnings Guidance for the Second Quarter of 2024 and Revises Earnings Guidance for the Full Year of 2024

First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.30 in 1Q 2023)

Investor sentiment deteriorates as stock falls 20%

Herbalife Ltd. to Report Q1, 2024 Results on May 01, 2024

Insider recently bought €140k worth of stock

Herbalife Ltd. Announces Chief Financial Officer Changes

Herbalife Appoints Back Michael Levitt to Board of Directors

Chairman & CEO recently bought €463k worth of stock

Herbalife Ltd., Annual General Meeting, Apr 25, 2024

Investor sentiment deteriorates as stock falls 31%

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: US$1.44 (vs US$3.26 in FY 2022)

Herbalife Announces Launch of the Herbalife® GLP-1 Nutrition Companion

Herbalife Ltd. to Report Q4, 2023 Results on Feb 14, 2024

Investor sentiment deteriorates as stock falls 17%

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: US$0.43 (vs US$0.84 in 3Q 2022)

Herbalife Appoints Claire V. Groen, to Chief Human Resource Officer

New major risk - Share price stability

Herbalife Names Susan Brown as Head of Global Corporate Communications

Herbalife Ltd. to Report Q3, 2023 Results on Nov 01, 2023

Herbalife Ltd. Appoints Rodica Macadrai to Board of Directors

Second quarter 2023 earnings released: EPS: US$0.60 (vs US$0.88 in 2Q 2022)

Herbalife Ltd. Announces Management Changes

Herbalife Introduces Herbalife V, New Product Line to Meet Increased Consumer Demand for Plant-Based Options

Investor sentiment improves as stock rises 24%

Herbalife Ltd. to Report Q2, 2023 Results on Aug 02, 2023

Investor sentiment deteriorates as stock falls 15%

Insider recently bought €300k worth of stock

Herbalife Ltd. Announces Executive Changes, Effective July 1, 2023

First quarter 2023 earnings released: EPS: US$0.30 (vs US$0.98 in 1Q 2022)

Independent Director recently bought €273k worth of stock

Investor sentiment improves as stock rises 23%

Full year 2022 earnings released: EPS: US$3.26 (vs US$4.22 in FY 2021)

Herbalife Nutrition Ltd. to Report Q4, 2022 Results on Feb 14, 2023

Herbalife Nutrition Ltd. Withdraws Earnings Guidance for the Year 2022

Herbalife Nutrition Ltd. to Report Q3, 2022 Results on Oct 31, 2022

Second quarter 2022 earnings released: EPS: US$0.88 (vs US$1.34 in 2Q 2021)

Herbalife Nutrition Ltd. Provides Revenue Guidance for the Three Months Ending September 30, 2022 and Twelve Months Ending December 31, 2022

Investor sentiment improved over the past week

Herbalife Nutrition Introduces a New Product to Help Consumers Get Back on Track with Their Healthy Lifestyle

Herbalife Nutrition Ltd. to Report Q2, 2022 Results on Aug 02, 2022

Herbalife Nutrition Ltd. Provides Earnings Guidance for the Three Months Ending June 30, 2022 and Twelve Months Ending December 31, 2022

Herbalife Nutrition Ltd. to Report Q1, 2022 Results on May 03, 2022

Herbalife Nutrition Ltd., Annual General Meeting, Apr 27, 2022

Herbalife Nutrition Ltd. Provides Earnings Guidance for the First Quarter Ending March 31, 2022 and Full Year Ending December 31, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS US$1.11 (vs US$1.07 in 3Q 2020)

Chairman & CEO recently bought €191k worth of stock

Investor sentiment deteriorated over the past week

Herbalife Nutrition Lowers Third Quarter and Full Year 2021 Guidance

Herbalife Nutrition Now Offers Herbalife24® Liftoff® Stick Packs for Portability, Easy Prep and Consumption

Independent Lead Director recently bought €124k worth of stock

Second quarter 2021 earnings released: EPS US$1.34 (vs US$0.83 in 2Q 2020)

Director recently sold €211k worth of stock

First quarter 2021 earnings released: EPS US$1.36 (vs US$0.33 in 1Q 2020)

Herbalife Nutrition Revises Earnings Guidance for the Year 2021

Independent Director has left the company

Independent Director has left the company

Herbalife Nutrition Ltd. Appoints Joe Miranda as First Chief Digital Officer, Effective March 22, 2021

Herbalife Nutrition Ltd. Announces Board Changes

Herbalife Nutrition Ltd., Annual General Meeting, Apr 28, 2021

New 90-day low: €36.84

Investor sentiment deteriorated over the past week

Full year 2020 earnings released: EPS US$2.83 (vs US$2.26 in FY 2019)

Revenue misses expectations

New 90-day high: €44.09

Herbalife Nutrition Ltd. to Report Q4, 2020 Results on Feb 17, 2021