Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By


New Herbalife CEO

This article was originally published in The Tan Sheet

Executive Summary

Michael Johnson succeeds Francis Tirelli as CEO effective April 14, direct marketer announces. Johnson is a 17-year veteran of Walt Disney Corporation, where he most recently served as president of Walt Disney International. Herbalife was taken private July 31 after acquisition by an investor group led by equity firms Whitney & Co., Golden Gate Capital, Herbalife senior management (1"The Tan Sheet" Aug. 5, 2002, In Brief). Tirelli resigned from CEO post in September to pursue other opportunities...

You may also be interested in...

Herbalife exec

Richard Goudis, 43, was named Herbalife chief financial officer, Los Angeles-based firm says June 14. Goudis will report directly to CEO Michael Johnson, who took over in April 2003 (1"The Tan Sheet" April 7, 2003, In Brief). Goudis, who brings previous experience as COO of Rexall Sundown and positions at Pratt & Whitney and Sunbeam Corporation, will be responsible for global financial and accounting activities. He replaces Bill Lowe, Sr. VP-finance, who served as CFO during the search...

Herbalife Niteworks For Vascular Support Based On Nitric Oxide Research

Herbalife will unveil its Niteworks dietary supplement powder mix - which contains a proprietary blend of L-arginine and L-citrulline for supporting vascular and circulatory health - at a June 17 event in New York

Herbalife goes private

Supplement direct marketer's stock delisted from NASDAQ July 31 upon same-day shareholder approval, completion of $685 mil. transaction to take company private. Holders of approximately 73.9% of all shares of voting common stock gave their consent to the transaction, with stockholders receiving $19.50 per share. Herbalife was acquired by an investor group led by equity firms Whitney & Co. and Golden Gate Capital, in partnership with direct marketer's distributors, senior management. Whitney Chairman & Managing Partner Peter Castleman is new chairman of Herbalife, while Francis Tirelli remains president, CEO. Transaction brings closure to almost three-year effort initiated by late founder Mark Hughes to take the firm private (1"The Tan Sheet" April 15, 2002, p. 5)...





Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts