LOS ANGELES, Aug 22, 2005 (BUSINESS WIRE) -- Herbalife Ltd. (HLF) announces the appointment of Patrick R. Dailey as senior vice president, human resources, responsible for the full Human Resources function for the company, including developing strategic plans and policies to support the company's business goals.
Herbalife has approximately 2,500 employees worldwide. Dailey will report to Chief Executive Officer Michael O. Johnson.
Dailey is a proven leader with more than 25 years' experience aligning people programs with the strategy of a company. Most recently, Dailey served as vice president, global workforce management for Hewlett-Packard Company in Palo Alto, California where he led the company's talent management function, directing a global team serving employees worldwide.
Previously, Dailey was vice president, human resources for the network products group of Lucent Technologies in Atlanta, Georgia. Before that, Dailey was vice president, human resources at Bank One in Ohio. Earlier in his career, he worked at Korn/Ferry International, The British Oxygen Group, and PepsiCo's Frito-Lay division.
"Patrick's experience with international blue chip companies will help us develop our world-class global workforce," said Johnson. "We are extremely pleased to add him to our management team. Infrastructure development is a key initiative in our five-year plan. We are investing in the right people and the right technology to ensure our growth and success."
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