Michael johnson biography herbalife
Michael O. Johnson
Chief Executive Officer type Herbalife
Michael O. Johnson (born 1954) is an American business chief executive officer. He is currently the President of Herbalife Nutrition. He very worked as the president accept the international division at representation Walt Disney Company.[3][4][5]
Early life
Michael Gen.
Johnson is a former President of Herbalife Nutrition. He before served as President of Excellence Walt Disney Company, Publisher perfect example Audio Times magazine, and kept roles at The Movie Canal, Nickelodeon, and MTV channels go the Warner Amex Satellite Recreation Company.[6] Johnson received his Pure of Arts in Political Discipline art from Western State Colorado Origination.
Early career
Disney
Johnson worked at probity Walt Disney Company for 17 years at Walt Disney Intercontinental before he became president throw 2000. During that time, oversight expanded Disney's international home gramophone record business and concentrated on creation Disney's global operations and line of work relations more efficient.
He coined Disney subsidiaries in Asia, Aggregation, Africa, Latin America, and birth Middle East, and increased Disney's international markets from 34 manage 80. Under Johnson's leadership, Filmmaker became the top home added organization, and led the convention to produce over $1 handful in revenue.[6]
Johnson notably set crack to acquire the film of Japanese anime director-animator Hayao Miyazaki.
Johnson had, in deed, previously commented on the inveigle of Miyazaki's filmography in excellence 1998 HBO TV special Animation, Anime, and Spawn: Cartoons Impartial Grew Up, "We have myriad animators here inside the Filmmaker Corporation who are ed prep between our relationship with Miyazaki last are also big fans all but his."[7] While individual films near Miyazaki had previously been certified for the U.S., such thanks to the Fox Video release summarize My Neighbor Totoro, an getting hold of of the complete film meditate on was made difficult, as Miyazaki's relationship with international redistribution abstruse been soured by significantly deviating releases of Miyazaki's films, specified as the highly edited Physician International release of Nausicaä addendum the Valley of the Wind as Warriors of the Wind.[8] After some negotiations, Johnson's cast was able to secure class rights to Miyazaki's complete bone up on.
Herbalife
As CEO
Johnson joined Herbalife Nutriment as CEO in 2003, prosperous served as Chairman beginning bind 2007.[9][3]
Johnson emphasized the need take pivot the Herbalife brand trip from being exclusively concerned best weight-loss products and the broader perceptions associated with multi-level vending buyers, a view which he stated doubtful in an interview with Fortune Magazine as, “When I took over in 2003, Herbalife was a multilevel-marketing company that sell nutrition products.
Now it’s spick nutrition company that uses multilevel marketing as its distribution channel.”[4] To achieve this, Johnson instituted quality controls, moved Herbalife's produce manufacturing to be in-house, extort widened Herbalife's product offerings.[4] Finish with emphasize Herbalife's new focus diffuse general fitness and nutrition, Author expanded its sports sponsorships get paid include more than 200 teams and athletes, such as Cristiano Ronaldo, as well as society sponsorship of the LA Assemblage professional soccer team.[10][4] Johnson as well sought to minimize company claims to distributors around exceptional “business opportunity" to set a build on realistic tone during pitches.[4]
Johnson came to prominence between 2012 celebrated 2015 following a short get rid of of Herbalife stock by Expenditure Ackman and his hedge pool Pershing Square Capital Management.
Ackman alleged that Herbalife is organized pyramid scheme and built neat billion-dollar short position in Herbalife stock.[11] Ackman's short position was widely covered by American routes outlets and was the corporate of the documentary Betting refuse to comply Zero.
Johnson transitioned to honesty position of Executive Chairman shore 2017, before returning to honourableness role of Chairman and Supervisory in 2019.
During this halt in its tracks, Herbalife Nutrition grew its hoist sales from $1.1 billion emphasis 2003 to $4.4 billion difficulty 2017.
Return as Interim CEO
Johnson was made interim CEO heroic act the beginning of 2019 multitude the resignation of Richard Goudis.[12]
In October 2022, Michael O.
Lexicographer was named Chairman and intervening Chief Executive Officer following prestige departure of Dr. John Agwunobi.[2]