Sales: $137 million
Note: $137 million for personal care products. Corporate sales: $4.9 billion
Key personnel: John Agwunobi, chief executive officer; John DeSimone, president; Dave Pezzullo, chief operating officer; Bosco Chiu, chief financial officer; Gary Kuchta, chief marketing officer; Rhonda Vetere, chief information officer; Dr. Kent Bradley, chief health and nutrition officer
Major products: A number of nutritional products that range from teas and protein drink mixes, protein powders and bars, and supplements as well as personal care including: Formula 1 Healthy Meal, Herbal Tea Concentrate, Protein Drink Mix, Personalized Protein Powder, Total Control, Formula 2 Multivitamin Complex, Prolessa Duo, and Protein Bars
New products: 482 new products and product line extensions across markets worldwide in 2019, including Herbalife Nutrition Immunity Essentials and Herbalife Nutrition Relaxation Tea
Comments: Less than 3% of Herbalife’s sales come from personal care products; the focus instead is on nutrition.
This year, John Agwunobi was appointed chief executive officer; he had been co-president and chief health and nutrition officer. Since joining the company in 2016, Agwunobi has worked with Herbalife Nutrition independent distributors and customers, ensuring that the company continuously innovates in the areas of product development, technology, marketing and distributor sales. He also led the Herbalife Nutrition Institute, the Herbalife Nutrition Advisory Board and the Herbalife Dietetic Advisory Board, and worked with the company Ph.D.s and scientists to integrate nutrition science into Herbalife Nutrition products.
Herbalife says Agwunobi brings a wealth of experience from both the public and private sectors to his role. Most notably, in the private sector, he served as senior vice president and president of health and wellness for Walmart, where he led a team of more than 65,000 and grew the business from $25 billion to over $30 billion.
Through its corporate social responsibility efforts, Herbalife Nutrition supports the Herbalife Nutrition Foundation (HNF) and its Casa Herbalife programs to help bring good nutrition to children in need. Herbalife Nutrition is also proud to sponsor more than 190 world-class athletes, teams and events around the globe, including Cristiano Ronaldo, the LA Galaxy, and numerous Olympic teams.
Herbalife says its scientific staff numbers more than 300, including 50 PhD.s, who develop products that include nutrition, weight-management, energy and fitness and personal care products available exclusively to and through its independent distributors in 94 countries.
In 2019, the company introduced 482 new products. They range from vitamins and supplements to beverages like Relaxation Tea, a peppermint flavored soothing herbal blend of lemon balm, passionflower, lavender and chamomile.