Herbalife CEO Richard Goudis' 2018 pay slips 8% to $6.1M
Herbalife reports 2018 executive compensation
By ExecPay News
Published: March 16, 2020
Herbalife reported fiscal year 2018 executive compensation information on March 16, 2020.
In 2018, six Herbalife executives received on average a compensation package of $2.8M, a 34% decrease compared to previous year.
Average pay of disclosed executives at Herbalife
Richard Goudis, Chief Executive Officer, received $6.1M in total, which decreased by 8% compared to 2017. 82% of Goudis' compensation, or $5M, was in stock awards. Goudis also received $1M in salary and $102K in other compensation.
For fiscal year 2018, the median employee pay was $37,220 at Herbalife. Therefore, the ratio of Richard Goudis' pay to the median employee pay was 164 to one.
John G. DeSimone, Chief Financial Officer, received a compensation package of $2.8M, which increased by 3% compared to previous year. 45% of the compensation package, or $1.3M, was in stock awards.
David Pezzullo, Chief Operating Officer, earned $2.6M in 2018, a 25% increase compared to previous year.
John Agwunobi, Co, President and Chief Health and Nutrition Officer, received $2.4M in 2018.
Shin-Shing Bosco Chiu, Chief Financial Officer, earned $1.5M in 2018.
Michael Johnson, Chief Executive Officer, received $1.2M in 2018, which decreases by 77% compared to 2017.
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Source: SEC filing on March 16, 2020.