Herbalife’s Distributor Bonus Awards Celebration Pays over $50 Million
25 März 2012 - 5:02AM
Business Wire
At its annual bonus awards gala, Herbalife Ltd. (NYSE:HLF)
distributed $52.3 million to Herbalife independent distributors who
have achieved success by helping to bring good nutrition to people
around the world.
The recipients were among approximately 3,500 independent
distributors from over 60 countries who gathered in downtown Los
Angeles for several days of education, training and
celebration.
“Herbalife independent distributors come from all walks of life,
and are passionate about helping to provide healthy nutrition
through our products in 81 countries and tonight we celebrate their
success,” said Michael O. Johnson, chairman and CEO. “They realize
an opportunity to improve their health, to improve their finances,
they develop personally, and they reach out into their communities
to help improve other people’s lives.”
The Herbalife Family Foundation also presented its annual
Humanitarian Award to Carmen Gloria Schindler of Chile. This award
is presented to an Herbalife independent distributor who
exemplifies the foundation’s mission and through their outstanding
involvement and dedication, has made a significant contribution to
changing lives worldwide. As recipients of the 2012 HFF
Humanitarian Award, HFF will donate $10,000 to a charity of their
choice.
Other highlights of the event included a private concert
featuring the legendary Diana Ross, along with the international
girl group sensation Blush, at the Nokia Theater, benefitting the
Herbalife Family Foundation, a non-profit that helps to provide
good nutrition to vulnerable children.
With over 8,000 hotel nights booked among six hotels downtown,
the event is expected to generate over $7 million in revenue in the
city, according to LA INC. The Los Angeles Convention and Visitors
Bureau.
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