Twice Retired Herbalife CEO Johnson Returns To Helm For $1 Salary Plus Stock Incentives

Michael Johnson previously was CEO from 2003 to 2017 and from 2019 to early 2020, as well as chairman from 2007 to early 2020. Direct seller granted him an equity-based long-term incentive plan in stock appreciation rights and restricted stock units.

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Herbalife Nutrition Ltd. removed “interim” from Michael Johnson’s CEO title again and will pay him a $1 annual salary along with long-term stock incentives in his third stint at the helm.

The nutrition, weight loss and wellness supplement direct seller says it granted Johnson an equity-based long-term incentive plan in stock...

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