Twice Retired Herbalife CEO Johnson Returns To Helm For $1 Salary Plus Stock Incentives
• By Bob Kronemyer
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Michael Johnson previously was CEO from 2003 to 2017 and from 2019 to early 2020, as well as chairman from 2007 to early 2020. Direct seller granted him an equity-based long-term incentive plan in stock appreciation rights and restricted stock units.
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Herbalife Nutrition Ltd. removed “interim” from Michael Johnson’s CEO title again and will pay him a $1 annual salary along with long-term stock incentives in his third stint at the helm.
The nutrition, weight loss and wellness supplement direct seller says it granted Johnson an equity-based long-term incentive plan in stock...
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