LOS ANGELES, Aug 02, 2005 (BUSINESS WIRE) -- Herbalife Ltd. (HLF) announces the promotion of Chief Operating Officer Gregory L. Probert to president and chief operating officer. Probert joined Herbalife in August 2003, and has overall responsibility for the company's business operations in 60 markets around the world.
"Greg is my trusted business partner. He has a special talent in creating and executing growth initiatives and has been instrumental in Herbalife's success since he joined us in 2003," said Michael O. Johnson, chief executive officer. "This promotion recognizes his contributions and responsibilities. It also allows me to focus on vision, our strategic initiatives, the financial community and most importantly, on our Herbalife Independent Distributors."
Prior to joining Herbalife, Probert was president and chief executive officer of DMX MUSIC and chief operating officer of Planet Lingo. He also was with The Walt Disney Company for 12 years, ultimately as executive vice president and chief operating officer for the $3.5 billion Buena Vista Home Entertainment worldwide business. He also served as Disney's senior vice president and managing director, Asia Pacific region, based in Hong Kong.
Probert is a board member of the Direct Selling Association (DSA) and a member of its Strategic and Long-Range Planning Committee.
Herbalife is a global network marketing company that sells weight-management, nutritional supplement and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 60 countries through a network of more than one million independent distributors. The company reported net sales of $1.3 billion in 2004. Herbalife celebrated its 25th anniversary with a gala celebration in Atlanta, Georgia in April 2005. More information is available at www.Herbalife.com.