Herbalife reports 2018 executive compensation
CEO Richard Goudis receives $6.1M
Herbalife reported fiscal year 2018 executive compensation information on March 12, 2019.
In 2018, five Herbalife executives received on average a compensation package of $3,072,135, a 22% decrease compared to previous year.Average pay of disclosed executives at Herbalife
Richard Goudis, Chief Executive Officer, received $6,102,325 in total, which decreased by 8% compared to 2017. 81.94% of Goudis' compensation, or $4,999,963, was in stock awards. Goudis also received $1,000,000 in salary and $102,362 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 $2,830,179, which increased by 3% compared to previous year. 45.22% of the compensation package, or $1,279,829, was in stock awards.
David Pezzullo, Chief Operating Officer, earned $2,562,617 in 2018, a 25% increase compared to previous year.
John Agwunobi, Co, President and Chief Health and Nutrition Officer, received $2,381,796 in 2018.
Shin-Shing Bosco Chiu, Chief Financial Officer, earned $1,483,759 in 2018.