Herbalife CEO Richard Goudis' 2018 pay slips 8% to $6.1M

Herbalife reports 2018 executive compensation

Published: March 12, 2019

Herbalife reported fiscal year 2018 executive compensation information on March 12, 2019.

In 2018, five Herbalife executives received on average a compensation package of $3.1M, a 22% 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. 81.94% of Goudis' compensation, or $5M, was in stock awards. Goudis also received $1M in salary and $102.4K 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. 45.22% 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.