Herbalife Pays 50 Million in Distributor Bonuses
The recipients were among approximately 3,500 independent distributors from over 60 countries who gathered in downtown Los Angeles for several days of education, training and celebration.
'Herbalife independent distributors come from all walks of life, and are passionate about helping to provide healthy nutrition through our products in 81 countries and tonight we celebrate their success,' said Michael O. Johnson, chairman and CEO. 'They realize an opportunity to improve their health, to improve their finances, they develop personally, and they reach out into their communities to help improve other people's lives.'
The Herbalife Family Foundation also presented its annual Humanitarian Award to Carmen Gloria Schindler of Chile. This award is presented to an Herbalife independent distributor who exemplifies the foundation's mission and through their outstanding involvement and dedication, has made a significant contribution to changing lives worldwide. As recipients of the 2012 HFF Humanitarian Award, HFF will donate $10,000 to a charity of their choice.
Other highlights of the event included a private concert featuring the legendary Diana Ross, along with the international girl group sensation Blush, at the Nokia Theater, benefitting the Herbalife Family Foundation, a non-profit that helps to provide good nutrition to vulnerable children.
With over 8,000 hotel nights booked among six hotels downtown, the event is expected to generate over $7 million in revenue in the city, according to LA INC. The Los Angeles Convention and Visitors Bureau.
Related News
-
Herbalife Partners with LA Non-Profits to Provide Thanksgiving Dinners
LOS ANGELES, Nov. 22, 2017 - In an effort to provide a healthier and happier Thanksgiving, premier global nutrition company Herbalife once again partnered with two Los Angeles based non-profit organizations, the Union Rescue Mission (URM) and A Place Called Home (APCH), to provide Thanksgiving meals... Read More...Herbalife Reports Third Quarter Results
November 02, 2017LOS ANGELES--Herbalife Ltd. reports results for the third quarter ended September 30, 2017.
'During this year of transition, we believe our performance has now stabilized and we are seeing improvements in trends,' said Rich Goudis, CEO of Herbalife. 'By continuing to imp... Read More...
Herbalife Nutrition Recognized With Forbes Magazine Award
LOS ANGELES--Global nutrition company, Herbalife, is honored to receive a place on Forbes' list of America's Best Midsize Employers.'We're proud to be recognized as part of the Forbes list of America's Best Midsize Employers,' said Jean Marie Cacciatore, senior vice president of human resour... Read More...
FTC Sending Checks to Herbalife Distributors
January 10, 2017 -- The FTC announced it is mailing checks to almost 350,000 Herbalife distributors as part of the ettlement with Herbalife. Herbalife agreed to pay $200 million and to restructure its business in order to avoid being classified as a pyramid scheme. Herbalife publicly disagreed wit... Read More...
