| Herbalife Independent Distributor |
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| Company history In February 1980, Mark Hughes began selling the original Herbalife weight loss product from the trunk of his car. By 1982, Herbalife had reached $2,000,000 in sales and opened a distributorship in Canada, its first outside of the United States. In 1986 Herbalife became a publicly traded company via NASDAQ. Independent distributors' personal vehicles could be seen on the street, decorated by decals bearing the mysterious slogan "Lose weight now, ask me how!" In 1996 Herbalife reached $1,000,000,000 in annual sales. In 2000, Hughes died at the age of 44, the company by concentrating in his goals and dreams, has continued to grow after his death. In 1994. Mark Hughes started the Herbalife Family Foundation, a charity dedicated to helping children. The organization receives donations from Herbalife itself as well as individuals within and outside the company. The Herbalife Family Foundation and its sister organization, the International Herbalife Family Foundation, have donated more than $5 million to children's causes worldwide. In 2003, Michael O. Johnson joined Herbalife as CEO following a 17-year career with The Walt Disney Company, most recently as president of Walt Disney International. On December 16 / 2004 the company had an initial public offering on the NYSE of 14,500,000 common shares at $14/share. 2004 net sales were reported as $1.3 billion. In April 2005, the company celebrated its 25th anniversary with a four-day event attended by 35,000 Herbalife Independent Distributors from around the world. In August 2005, Dr. Steve Henig joined the company as Chief Scientific Officer, responsible for product research and development. Herbalife's Scientific Advisory Board is chaired by David Heber, M.D. Ph.D, F.A.C.P., F.A.C.N., who is professor of medicine and public health and the founding director of the Center for Human Nutrition in the Department of Medicine at UCLA. According to a 2004 Forbes article, Dr. Heber joined the board at roughly the same time Herbalife made a $3 million donation to establish the Mark Hughes Cellular & Molecular Nutrition Laboratory at the Center for Human Nutrition. Louis J. Ignarro, Ph.D., a Nobel Laureate in Medicine and Distinguished Professor of Pharmacology at the UCLA School of Medicine, is also a member of Herbalife's Scientific Advisory Board. The company operates in 61 countries and has 2,500 employees and more than one million independent distributors. |
-------------------------------------------------------------------------------- Mark Hughes 1956-2000 -------------------------------------------------------------------------------- The promise that became Herbalife The depth of Mark’s commitment and the strength of his vision came from personal tragedy– his mother died from unsafe dieting at the age of 36. Although he was only a teenager at the time, Mark made a promise to find a way to help people lose weight safely. He was determined to develop a nutritionally sound program that could produce life-changing results and share it with the world. Mark’s positive attitude kept him striving daily toward his goals. As he said, “Just do the best you possibly can. Tomorrow morning, when you get up out of bed, do a little bit better than that. The next day after that, do a little bit better than that.” This can- do attitude inspired others to join Mark in spreading good nutrition around the world. Making his vision a reality Mark’s passion for developing a safe and effective weight-loss program took him to China, where he studied the nutritional benefits of herbs. When he returned to the United States, he brought together a team of respected medical and nutritional experts to create Herbalife’s breakthrough products. In 1980, Herbalife launched with a handful of exceptional products. Mark was Herbalife’s first Distributor and, at first, literally sold the products out of the trunk of his car. “The products are what get you an emotional experience. It’s the glow in their eye; it’s the way that they feel; it’s the excitement and the way that they act,” Mark said. He wholeheartedly believed in the value of the products. As people tried the products and experienced amazing results, the business quickly expanded, and Mark rented office space and developed a network of Distributors who were inspired by his vision, were equally passionate about the products and who were excited about the business opportunity. Mark believed in the power of people to change their lives and encouraged others to share that belief. “Have the faith in your organization to know that it’s going to work,” he said. Along with the business, Herbalife’s product line grew to include personal care products, so Herbalife customers could enjoy the unique benefits of a complete, personalized program for a lifetime of well-being. Mark said: “Through your efforts, people are discovering new worlds of opportunity and an eternal hope for the future.” Those who had the opportunity to meet Mark will tell you how he personally inspired them to commit themselves to the business and reach greater heights. Mark had an amazing gift for words and he touched people from all walks of life through his faith in people’s ability to change lives, starting with their own. An outstanding speaker and motivator, Mark moved people with his vision of a healthier world and his example that one person can truly make a difference. As Mark said, “care more about others and you will be taken care of.” The dream continues Although Mark passed away twenty years after founding Herbalife, his vision for changing people’s lives is stronger than ever. Today, there are over one million Herbalife Distributors in 60 countries, striving to make their dreams of financial independence come true. As we embark on our next 25 years, Mark’s words continue to ring true: “I am convinced the future will be brilliant beyond compare.” |
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