LOS ANGELES, Sep 19, 2006 (BUSINESS WIRE) -- Herbalife Ltd. (HLF) , a global nutrition direct-selling company, announced the appointment of Stacy Brovitz as senior vice president of global operations. He will oversee the company's global supply chain and strategic sourcing, manufacturing, process improvement and technology, distribution and transportation, and global licensing, and will report to President and COO Gregory L. Probert.
"We have more than 1.4 million Herbalife Independent Distributors worldwide and serving them is our highest priority," said Probert. "As head of our worldwide operations, Stacy will provide the experienced operations leadership we require to provide best-in-class products and service to our Distributors. We are very pleased to announce his appointment."
Herbalife, now in its 26th year, conducts business in 62 countries. The company does business with several manufacturers worldwide and has its own manufacturing facility in Suzhou, China as well as major distribution centers in Venray, Netherlands, Los Angeles, Calif., Memphis, Tenn., and Guadalajara, Mexico.
Brovitz, age 46, has over 16 years experience in operations, supply chain management, manufacturing, information technology and finance. Since 1992, he has served as chief operating officer of Dormont Manufacturing Company, a manufacturer of stainless steel gas appliance connectors and tubing sold in major home improvement stores and used commercially by restaurant chains, and major commercial cooking and residential appliance manufacturers. He played a key role on the company's management team after its December 2005 purchase by Watts Water Technologies, Inc., a $1.2 billion industrial products manufacturing company.
During his 16 years with Dormont, Brovitz successfully managed the company through a period of rapid growth. Most recently, Brovitz was responsible for operations, new product development, all staff functions and the company's three strategic business units.
Previously, he served as vice president of the capital markets group for J.P.Morgan Chase, a position he held for three years. For four years prior, Brovitz was a financial analyst for the firm. He holds a Bachelor of Science degree in accounting, Summa Cum Laude, from Ohio State University, and a Master of Science in Industrial Administration from Carnegie-Mellon University.
Herbalife ( http://www.herbalife.com) is a global nutrition direct-selling company that sells weight-management, nutritional supplements and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 62 countries through a network of more than one million independent distributors. The company supports the Herbalife Family Foundation ( http://www.herbalifefamily.org) and its Casa Herbalife program to bring good nutrition to children. Herbalife Investor Relations can be found at http://ir.herbalife.com/.