LOS ANGELES, Aug 02, 2005 (BUSINESS WIRE) -- Herbalife Ltd. (HLF) announces the appointment of Steve Henig, Ph.D. to the newly-created post of chief scientific officer with responsibility for the company's product research and development function.
Henig will report to CEO Michael O. Johnson. His responsibilities will include setting Herbalife's R&D direction; product innovation and development; scientific and medical affairs; product safety and efficacy; and leadership of Herbalife's Scientific Advisory Board, which is chaired by David Heber M.D., Ph.D.
"Having a world-class CSO supports our continuing commitment to offer the best nutrition and weight-management products in the world," said Johnson. "Steve is a product innovator with more than two decades of experience in the development and marketing of nutrition products. He is a strong addition to our management team."
Henig most recently served as senior vice president, technology and innovation at Ocean Spray Cranberries, Inc. where he revitalized the company's new products program and medical research program for Ocean Spray. He has also consulted with a number of leading companies including POM Wonderful.
At ConAgra's Grocery Products, Henig served as senior vice president, technology and marketing services, where under his direction, several leading consumer products were created and marketed for brands such as Hunt's and Healthy Choice.
Before joining ConAgra, Henig was responsible for the technology group at Hunt-Wesson with responsibility for tomato products, oil products, Oriental and Mexican products, among others. He also held posts at Land O'Lakes, Inc., The Pillsbury Company, and General Food Corp. Henig holds a Ph.D. in food science from Rutgers University, a M.S. in food and biotechnology and a B.S. in chemical engineering from Technion-Israel Institute of Technology.
Henig is taking over from Henry S. Burdick, vice chairman, who joined the company in 2002 as an independent director. In May of 2003, Burdick assumed an executive role with responsibility for product research and development while the company strengthened its product development capabilities and recruited a scientific team. Recruiting a chief scientific officer concludes Burdick's commitment and goals; however, to ensure an orderly transition, he will continue in his executive role until the end of 2005 and then continue to advise Herbalife as a consultant.
"Henry Burdick is a leader in our industry and has been instrumental to Herbalife's growth in the last two years," said Johnson. "We are pleased and fortunate that we will retain Henry's services into the future."
The company strengthened product development by establishing Medical and Scientific Advisory Boards, which include David Heber, M.D., Ph.D., director of the Center for Human Nutrition at the University of California, Los Angeles, and Louis Ignarro, Ph.D., a Nobel laureate in medicine. Herbalife also funded the creation of the Mark Hughes Cellular and Molecular Nutrition Laboratory at UCLA -- a laboratory dedicated to cutting-edge research on nutritional and herbal products.
Since 2003, the company has launched a number of innovative products including Niteworks(TM), a nitric oxide-based product for overall cardiovascular wellness; the ShapeWorks(TM) weight-management program; Garden 7(TM), essential fruit and vegetable phytonutrients in convenient daily packs; NouriFusion(TM), a vitamin-based skin-care line; and Liftoff(TM), the first effervescent energy drink in dissolvable tablet form. The company presently has 30 major products in various stages of development.
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, GA in April 2005. More information is available at www.herbalife.com.