LOS ANGELES--(BUSINESS WIRE)--
Herbalife Ltd. (NYSE: HLF), a global nutrition and direct-selling company, announced the appointment of Shankar Suryanarayanan as senior vice president of global operations to lead the strategic development of the company's manufacturing, strategic sourcing, supply chain, and process improvement efforts on a global basis.
Having worked in India, Europe, Asia, and the U.S., Suryanarayanan's experience well suits Herbalife's global business model. He joins the company from Sandoz, a division of Novartis, where he was head of global sourcing and purchasing, based in Germany, responsible for an annual spend of over $1 billion on direct materials, licensed products and manufacturing services from over 1,000 suppliers.
Previously, Suryanarayanan served as head of global technical operations and leadership team member for Roche Consumer Health out of Switzerland. With responsibility for leading a team of 1,200 associates in engineering, quality, procurement, manufacturing and logistics, he is credited with streamlining processes to reduce time to market, fully integrating technical operations into the consumer health business, and establishing systems to obtain licenses from multiple regulatory agencies.
Before moving to Europe, Suryanarayanan was a senior consultant in the operations management practice of Monitor Group, where he led teams that used economic modeling to determine competitive positions of clients' businesses.
Earlier in his career, he spent over a decade at Fisher Controls International, a division of Emerson Electric, in positions of progressive responsibility, first in the company's Asia Pacific headquarters, and later in the global headquarters in the U.S. Suryanarayanan also gained experience as a manufacturing engineer at General Motors.
He holds a master of science in management from MIT Sloan School of Management, a master of science in mechanical and aerospace engineering from University of Missouri, and a bachelor of technology in mechanical engineering from Indian Institute of Technology in Kharagpur, India.
About Herbalife
Herbalife Ltd. (NYSE: HLF) is a global network marketing company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife(R) products are sold in 65 countries through a network of 1.7 million independent distributors. The company supports the Herbalife Family Foundation and its Casa Herbalife program to bring good nutrition to children. Please visit Herbalife Investor Relations for additional financial information.
Source: Herbalife Ltd.
Released Nov 27, 2007 • 4:42pm EST