Herbalife CEO John Agwunobi's 2020 pay jumps 225% to $7.2M
Herbalife reports 2020 executive compensation
By ExecPay News
Published: March 16, 2021
Herbalife reported fiscal year 2020 executive compensation information on March 16, 2021.
In 2020, seven Herbalife executives received on average a compensation package of $2.9M, a 75% increase compared to previous year.
Average pay of disclosed executives at Herbalife
John Agwunobi, Chief Executive Officer, received $7.2M in total, which increased by 225% compared to 2019. 63% of Agwunobi's compensation, or $4.6M, was in stock awards. Agwunobi also received $1.8M in non-equity incentive plan, $824K in salary, as well as $30K in other compensation.
For fiscal year 2020, the median employee pay was $38,001 at Herbalife. Therefore, the ratio of John Agwunobi's pay to the median employee pay was 190 to one.
John G. DeSimone, President, received a compensation package of $4.6M, which increased by 102% compared to previous year. 62% of the compensation package, or $2.8M, was in stock awards.
David Pezzullo, Chief Operating Officer, earned $2.8M in 2020, a 32% increase compared to previous year.
Alan L. Hoffman, Executive Vice President, Global Corporate Affairs, received $2.6M in 2020.
Shin-Shing Bosco Chiu, Chief Financial Officer, earned $1.7M in 2020, a 34% increase compared to previous year.
Alexander Amezquita, Chief Financial Officer, received $1.2M in 2020.
Michael Johnson, Chief Executive Officer, earned $392K in 2020, a 81% decrease compared to previous year.
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Chief Executive Officer
John DeSimone
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David Pezzullo
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Alexander Amezquita
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Chief Financial Officer
Alan Hoffman
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Source: SEC filing on March 16, 2021.