Thursday, November 28, 2019

Los Angeles, California-Based Herbalife Nutrition Ltd's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Modest 2.2% Per Year During the Past Ten Years

The fifth Democratic 2020 Presidential candidate debate just held in Atlanta showed just how strong the field is.  I thought 8 of the 10 candidates had very strong performances, with Pete Buttigieg, Amy Klobuchar, Cory Booker and Andrew Yang all having exceptional performances.

A clear majority of the US is desperately seeking in the next US President someone who can unify the country.  Of all the Democratic Presidential candidates, Pete Buttigieg will be the best unifier of a very divided country.

Joe Biden is an exceptionally nice guy but his 77 years of age clearly impaired the effectiveness of his communication in this debate as it had in the other debates.

Tulsi Gabbard was again not Presidential in this debate.

While Bernie Sanders and Elizabeth Warren both performed well in the debate, they are still both burdened significantly by their positions on Medicare For All, which is fiscally extremely expensive (probably cost $20 to $30 trillion over ten years which would compound to $50 to $80 trillion over twenty years)  and which also doesn't permit citizens to keep their present health care insurance even if they really like it, and many do, including many union members who have fought hard to get the exceptional health care insurance that they now have and also including the rapidly-growing each year to now more than 20 million seniors who have chosen what they consider to be an attractive private health care insurance plan available in Medicare.

Barack Obama is spot on when he recently said that Democratic Presidential candidates shouldn’t pursue policies that were not rooted in reality.

And Obama was also spot on when he said that Democrats should push hard on the income inequality issue, arguing that this is an area where the room to talk about this in bold ways is greater than it was in 2008.

Further he said that it is very important for the Democratic Party to be clear and bold about saying that we are going to initiate structural changes that reduce that inequality.

The sixth Democratic 2020 Presidential candidate debate will be held on December 19, 2019 on the lovely campus of Loyola Marymount University in Los Angeles, California.

Thus I will now be doing research and making posts on the annual pay and employee benefits percentage increases that the Top-Tier Executives of large Los Angeles area Companies were rewarded with in the past five to ten years.

I will be doing this research mostly by stock market capitalization and thus the 24th Los Angeles area company I am addressing here is Herbalife Nutrition Ltd.

From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows Herbalife Nutrition Ltd's Top-Tier Executives Annual Total Compensation for each of the two consecutive substantially full years of employment for the past ten years.

Herbalife Nutrition Ltd's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a modest 2.2% per year during the past ten years.

FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Herbalife Nutrition Ltd 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Goudis Former CEO       6,102       6,640       6,640       3,441       3,441       4,608       4,608       2,896       2,896       3,205
DeSimone Co-President       2,830       2,742       2,742       3,258       3,258       3,612       3,612       2,232       2,232       2,737
Agwunobi Co-President  N/A   N/A 
Chiu CFO  N/A   N/A 
Pezzullo COO       2,563       2,050
Johnson Executive Chairman       5,351     10,873     10,873       9,854       9,854       7,127       7,127     10,790
Walsh President       2,964       3,435       3,435       4,605       4,605       2,948       2,948       3,196
Hoffman EVP Corporate Affairs       1,998       2,640  N/A   N/A     
 Totals      11,495     11,432     17,697     21,007     23,005     25,319     22,679     15,203     15,203     19,928
Annual % Change vs Prior Year 0.6% -15.8% -9.1% 49.2% -23.7%
5 Year Average Per Year % Change 0.2%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Herbalife Nutrition Ltd 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Goudis Former CEO       3,205       3,576       3,576       3,015       3,015       4,428       4,428       1,863       1,863       2,032
DeSimone Co-President       2,737       2,462       2,462       1,988       1,988       2,526    
Johnson Executive Chairman     10,790     10,302     10,302     24,571     24,571       8,561       8,561       6,368       6,368     27,668
Walsh President       3,196       3,566       3,566       2,999       2,999       4,370       4,370       1,998       1,998       1,889
Chapman Chief Legal Officer       2,206       2,200       2,200       2,185       2,185       2,219       2,219       1,664       1,664       1,794
 Totals      22,134     22,106     22,106     34,758     34,758     22,104     19,578     11,893     11,893     33,383
Annual % Change vs Prior Year 0.1% -36.4% 57.2% 64.6% -64.4%
5 Year Average Per Year % Change 4.2%
10 Year Average Per Year % Change 2.2%