01.05.17
Herbalife: Chief Executive Officer Michael Johnson will step down this year, according to recent reports. He will move to the role of executive chairman in later 2017. Chief operating officer Richard Goudis—who has been with the company for 15 years—will replace him as CEO.
Last year, the company settled with the Federal Trade Commission for $200 million, as previously reported in Happi. The settlement was to compensate consumers who were deceived into believing they could earn substantial money selling diet, nutritional supplement, and personal care products.
Last year, the company settled with the Federal Trade Commission for $200 million, as previously reported in Happi. The settlement was to compensate consumers who were deceived into believing they could earn substantial money selling diet, nutritional supplement, and personal care products.