Herbalife Chairman and CEO Increases His Personal Share Holding in the Company
November 25 2014 - 5:04PM
Business Wire
Global nutrition company, Herbalife (NYSE: HLF), today announced
that Michael Johnson, Herbalife's chairman and CEO, has engaged in
a net exercise transaction involving 750,000 stock options that
were granted to him in December 2004 and were due to
expire in December 2014. Because of his complete confidence in the
continued and future success of the company, Mr. Johnson has
decided that he will hold all the shares issued on exercise of the
option, which will be the total amount, net of those
necessary to cover the exercise price and any taxes related to the
transaction.
About Herbalife Ltd.
Herbalife is a global nutrition company that has been changing
people’s lives with great products since
1980. Our nutrition, weight-management, energy
and sports and personal care products are available
exclusively to and through dedicated Independent Herbalife Members
in more than 90 countries. We are committed to fighting the
worldwide problems of poor nutrition and excess weight by offering
high-quality products, one-on-one coaching with an Herbalife Member
and a community that inspires customers to live a healthy, active
life.
We support the Herbalife Family Foundation (HFF) and its Casa
Herbalife Program to help bring good nutrition to children in need.
We also sponsor more than 250 world-class athletes, teams and
events around the globe, including Cristiano Ronaldo, the LA Galaxy
and champions in many other sports.
The company has over 7,400 employees worldwide, and reported net
sales of $4.8 billion in 2013.
To learn more visit herbalife.com or iamherbalife.com
Herbalife Ltd.Julian Cacchioli213-745-0519
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