Lawrence Higby Joins Herbalife Board
LOS ANGELES--(BUSINESS WIRE)--Mar. 16, 2009--
Herbalife Ltd. (NYSE: HLF), a global nutrition and direct-selling
company, announced that Lawrence Higby has joined its board of directors.
"We're very excited about Larry joining our board," said Michael O.
Johnson, chairman and CEO. "He brings a wealth of experience from
business, government, and the boardroom, which will be of great benefit
to me, our shareholders, distributors, and employees."
Higby has served as vice chairman and advisor of Apria Healthcare Group
Inc. since October 2008. He was part of its management team since 1997;
as president and chief operating officer from 1997 to 2002, and then as
chief executive officer from 2002 to 2008. He also served as a director
from 2002 to 2008.
Prior to joining Apria, Higby served as president and chief operating
officer of Unocal’s 76 Product Company and group vice president of
Unocal Corporation from 1994 to 1997. Previously, he held various
positions at Times Mirror Company, including executive vice president of
the Los Angeles Times.
In 1986, he served as president and chief operating officer of Americas
Pharmacy Inc., a division of Caremark Inc. From 1974 to 1985, he held
executive management positions in sales and marketing at various
divisions of PepsiCo including vice president of marketing for North
Higby is filling an existing vacancy on the board.
He is currently a board member of the Automobile Club of Southern
California and eHealth, Inc. He also serves on the non-profit board of
the Orange County Performing Arts Center and the South Coast Repertory
Center. Higby holds a bachelor of science degree from University of
California, Los Angeles.
About Herbalife Ltd.
Ltd. is a global network marketing company that sells
weight-management, nutrition, and personal care products intended to
support a healthy lifestyle. Herbalife products are sold in 70 countries
through a network of over 1.9 million independent distributors. The
company supports the Herbalife
Family Foundation and its Casa Herbalife program to bring good
nutrition to children. Please visit HerbalifeInvestor
Relations for additional financial information.
Source: Herbalife Ltd.
George Fischer, 213-745-0519