Herbalife Appoints Michele Crocker as Vice President of Organizational Development.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- Herbalife Ltd. (NYSE NYSE See: New York Stock Exchange :HLF HLF Heritage Lottery Fund HLF Hapag Lloyd Flug (German airline) HLF Himalayan Light Foundation HLF Hawaiian Longboard Federation HLF High-Level Format HLF Home Location Function HLF Hook Length Formula ) announces the appointment of Michele Crocker to the newly-created post of vice president of organizational development. Crocker will be responsible for the creation and global execution of the company's organizational development plan worldwide, a fundamental component of the company's infrastructure strategy, one of five key initiatives the company developed as part of its five-year plan Five-Year Plan, Soviet economic practice of planning to augment agricultural and industrial output by designated quotas for a limited period of usually five years. . The organizational development plan will focus on improving company performance by developing the effectiveness of leadership, creating a leadership pipeline, standardizing the process across the company worldwide, and fostering a learning culture to ensure employees have the required tools and skills to successfully execute the five year plan. "One of the components for Herbalife to be recognized as an 'employer of choice' is to have an organizational development initiative that identifies, nurtures and promotes talent from within the company," said Greg Probert, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "Michele Crocker has the skills, experience and enthusiasm to lead this initiative for the company." Crocker has been with Herbalife for six years, most recently serving as vice president of distributor services for North America. She brings a unique perspective to this role as a result of her work experience in both the home office and in the European region where she served as vice president distributor services Europe. Prior to joining Herbalife, Crocker held senior management positions at British Airways, UPS, DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature and Cable and Wireless Communications. About Herbalife Herbalife is a global network marketing company that sells weight management, nutritional supplement and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 60 countries through a network of more than one million independent distributors. The company reported net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $1.3 billion in 2004. Herbalife celebrated its 25th anniversary with a gala celebration in Atlanta, GA in April 2005. More information is available at www.herbalife.com (HLFP) |
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