Herbalife Ltd. (NYSE: HLF) today announced that it has appointed Alan L. Hoffman to the newly established role of Executive Vice President of Global Corporate Affairs reporting to Michael O. Johnson, Herbalife’s chairman and CEO. Hoffman will lead public policy, corporate communications, government affairs, community relations and philanthropy, effective August 25, 2014.
Hoffman brings over 20 years of public policy, communications and government affairs experience to the corporate affairs role. Presently, he serves as the Senior Vice President for Global Public Policy at PepsiCo, where he oversees policy development, external relations and government relations.
Hoffman has helped PepsiCo proactively develop and implement initiatives to support the company’s wide-ranging portfolio of products and drive value for its consumers, shareholders and communities. Before joining PepsiCo, he served as the Deputy Chief of Staff to Vice President Joseph Biden and Deputy Assistant to President Barack Obama.
Herbalife also today announced that Barbara Henderson will be retiring as its Senior Vice President of Global Corporate Communications. In 2013, she informed the company that she would like to retire at age 67, which prompted the search for a new executive. Henderson will assist with the transition and will remain President of the Herbalife Family Foundation.
“We are thrilled to welcome Alan to the Herbalife team,” said Johnson. “He
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Visalus’ Celebrates Its 2 Newest 500k Lifetime Earners
by Tina Williams • • 0 Comments
Visalus celebrates its newest $500K Lifetime Earners, 2-Star Ambassadors Raylene Bruder and Tyler & Mimi Ford (who also happen to be Active Challenge Champions!). VIsalus asked them what this milestone meant to them, how it’s impacted their Vi business, and their advice to others looking to achieve the same success and beyond.
What does it mean to you to be a $500K Lifetime Earner with Vi?
RAYLENE: Honestly unreal! NEVER did it even cross my mind that this was POSSIBLE. It’s so humbling to know that each dollar of that $500,000 is a representation of another life—that I have had the opportunity to even be a small part of changing it in one way or another. I’m feeling blessed!!
TYLER & MIMI: We feel blessed to have such a great team. If it wasn’t for our team, we would not be where we are today with ViSalus. Being $500K Lifetime Earners has allowed us the time and freedom to be able to train and compete in the races that we like to do, which also allowed us to become Couple Active Challenge Champions.
Who or what has been the biggest inspiration to you in helping you achieve so much success?
RAYLENE: My parents (Rick and Elaine
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Morinda’s Second European Business Summit Full Of Education, Motivation And Recognition
by Nicole Dunkley • • 0 Comments
Nearly 300 Independent Product Consultants (IPCs) from 20 markets throughout Europe recently gathered in Dublin for Morinda’s Summer Regional Retreat.
European IPCs were delighted to hear from special guests John Wadsworth, Founder and President, Kelly Olsen, Founder and Chief Marketing Officer and Shon Whitney, Vice President of Global Sales & Marketing.
Penny Farish, Morinda’s Director of Europe, said “There was so much new information to share with everyone.” “I was so pleased our IPCs were able to receive the content personally from Kelly Olsen on the TruAge Core and how our products help people live younger, longer.”
Tone Visdal from the Norwegian office presented the Morinda Core products and introduced the new A.G.E. Therapy Gel, which reduces AGEs in the skin, along with fine lines and wrinkles.
Additionally, new details on the new Area Developer Program were announced and IPCs also got to hear about the updated Success Path program.
“We are super excited about the Area Developer Program”, said Shon Whitney. “This is ground breaking and there is so much “white space” and opportunity in Europe. The wonderful thing about becoming an Area Developer is that you remain an Area Developer for life”.
In addition to the corporate presentations there were popular and practical trainings
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Federal Grand Jury Indicts TelexFree Owners
by Tina Williams • • 0 Comments
The Wall Street Journal reported that a federal grand jury indicted (Formally and officially accused) TelexFree LLC co-founders and owners James Merrill and Carlos Wanzeler Wednesday on fraud charges tied to allegations that their company operated a massive pyramid scheme.
The indictment expands upon the original criminal case against Messrs. Merrill and Wanzeler, who in May were each charged with one count of conspiracy to commit wire fraud in connection with the alleged pyramid scheme, which prosecutors say caused total losses of more than $1 billion, including promised returns to investors.
In addition to the conspiracy charge, the indictment adds eight counts of wire fraud stemming from transfers of about $10 million in TelexFree funds to the two men’s personal accounts.
Each count carries a maximum sentence of 20 years.
“The defendants devised, and intended to devise, a scheme to defraud, the purpose of which was to obtain money and property by means of materially false and fraudulent pretenses, promises and omissions,” reads the indictment, filed in the U.S. District Court in Worcester, Mass.
Lawyers for Messrs. Merrill and Wanzeler couldn’t immediately be reached for comment Wednesday. However, the men have maintained their innocence since the original charges were filed. And in court papers, Mr. Merrill has
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Primerica Says New Canadian Licensing Program Can Hurt Its Business
by Tina Williams • • 0 Comments
Life insurance giant Primerica Inc. says proposed new Canadian regulations could hurt its business.
The Canadian government is proposing to implement a new life insurance licensing examination program across Canada in early 2016. Duluth, Ga.-based Primerica (NYSE: PRI) reported Monday that “If this new licensing program is implemented under the terms set forth in the agreements, we believe it would increase the cost, time and ability of applicants to obtain their life insurance licenses in Canada.”
“Primerica is supportive of reasonable and fair changes to Canada’s licensing program,” the company reported. “However, we believe the new licensing approach will create unnecessary barriers to becoming life-insurance licensed in Canada and will negatively affect access to life insurance products by middle income Canadians. The new testing program was developed by the regulators outside of normal processes and we believe without proper authority.
We are hopeful that the regulators will consider our concerns in good faith and make changes to the program that will ensure the new licensing program is appropriately designed to protect Canadian consumers and the ability to serve them.”
Primerica reported that last year, its Canadian operations represented approximately 7 percent of its new life-licensed representatives, approximately 10 percent of its total life-licensed representatives (at
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Vox Media: Herbalife Science Is Definitely Garbage
by Ted Nuyten • • 0 Comments
Vox Media is one of the USA’s largest and fastest growing online publishers. Based in Washington DC, Vox owns and operates sites in distinct vertical categories: general news, sports, technology & culture, gaming, dining & nightlife, shopping & fashion, and design & real estate.
According to Vox:
On the Herbalife website, there’s a section dedicated to “science videos,” where various company stakeholders boast that they “guarantee the very best science” behind their products, which are all “science proven.”
Dig a little deeper, however, and it seems the evidentiary underpinnings of Herbalife’s wares boil down to only four very weak studies that can barely be called science, let alone the “very best science.” If this is Herbalife’s prime research and development, then the company’s science is definitely garbage and customers should question the health claims on its products.
A look at Herbalife’s clinical trials
On a dedicated science website, Herbalife cites four clinical trials to prove the safety and effectiveness of its products:
1) The first clinical study compares weight and fat loss in two groups of obese men and women: the first went on a diet involving protein enriched Herbalife meal-replacement shakes; the second dieted with a standard Herbalife shake. While the study shows that both groups
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Dennis Bay – World Ventures Hits $1 Million In 12 Months
by Ted Nuyten • • 0 Comments
Dennis Bay from Sinagapore made over 1 million dollars USD in the past 12 months as World Ventures distributor. On his website Dennis stated:
“Dennis graduated from the National University Of Singapore in 2002 with a Bachelors Degree in Computer Science. While in school, Dennis read a book called “Rich Dad Poor Dad” by Robert Kiyosaki and that set him off on the path of entrepreneurship. ”
He started his own web design business part time and also started a network marketing wellness home business. Before he graduated, he had already built a 6 figure annual income from his businesses at the age of 23.
Dennis travelled the world teaching people how to start their home based businesses, coaching thousands of people throughout Asia, from Singapore to Malaysia, Indonesia and all over Greater China. He even started his own online business club that coached thousands of people from over 40 countries.
I’m actually the 1st Director in the entire Asia for Worldventures which is a multimillion dollar travel marketing company from the USA.
About WorldVentures:
WorldVentures is the leading international direct seller of vacation club memberships. WorldVentures is on a mission to help people achieve more fun, freedom and fulfillment in their lives, and to
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Daniel Sistrunk Joins LyfeStart International
by Tina Williams • • 0 Comments
LyfeStart International welcomes Daniel Sistrunk as a LyfeStart Executive Advisor. Daniel Sistrunk has three decades of experience in the network marketing industry. In previous positions, he has secured thousands of customers and direct sales representatives, generated millions in annual revenue, and has been recognized as top recruiter and top income earner.
“I was drawn to LyfeStart, International because it’s a company of inclusion. It’s the first nutritional network marketing company founded and managed by a group that looks like the United Nations,” he says. “Just as I advocate owning a business as a direct path to financial success, by joining LyfeStart, I’m applying that same philosophy.”
Daniel has achieved success by empowering others to achieve goals that promote long-term economic success. This emphasis on offering others opportunity is what drew him to LyfeStart’s mission of helping others, and has made him a tremendous advocate of direct sales as a path to financial independence.
Raised by a mother who bought a home and was able to offer her children a college education because of direct sales, he believes strongly that business ownership is the pathway to long-term success.
“Creating opportunities for people to own their own business is incredibly valuable to society,” he says.
“And then
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TriVita To Refund $3.5 Million In Product Claims Settlement
by Tina Williams • • 0 Comments
In its ongoing campaign to combat exaggerated health claims, the Federal Trade Commission (FTC) has reached a settlement with cactus juice marketer TriVita. The Arizona-based company agreed to refund consumers $3.5 million, settling FTC allegations that TriVita deceived consumers with unsupported claims about the health benefits of its Nopalea wellness drink.
Advertisements for Nopalea, which sold for up to $39.99 plus shipping and handling, billed the product as “Inflammation Relief without a Prescription.” The company’s frequently aired infomercials claimed the “prickly pear” fruit drink would treat a wide variety of other health conditions as well.
According to the FTC release, one featured TriVita’s Chief Science Officer, Brazos Minshew, linking inflammation to allergies, Alzheimer’s disease, heart disease and diabetes.
In an ad featuring celebrity endorser and former supermodel Cheryl Tiegs, the former Sports Illustrated model claims, “If you’ve suffered from inflammation or chronic pain for years, there’s something that can help,” the FTC release quotes.
The agency also charged TriVita with failing to disclose its connections to the individuals featured in a separate infomercial. The ad featured testimonials by satisfied customers who were in fact paid employees of the company.
“These kinds of unfounded claims are unacceptable, particularly when they impact consumers’ health,” Jessica Rich, Director of the FTC’s Bureau
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Tupperware Sales Down In 2nd Quarter
by Tina Williams • • 0 Comments
Tupperware Brands Corporation today announced second quarter 2014 operating results.
Rick Goings, Chairman and CEO, commented, “While sales results slowed this quarter, we were still able to achieve adjusted E.P.S. in our guidance range. Overall, the business continued to grow, with several markets achieving 20%+ local currency sales increases including Brazil, China, Italy and Turkey.
Both businesses in our North America beauty segment also showed significant sequential sales improvement. Having said this, the quarter was challenging in several aspects. We were up against strong comparisons from prior year when we had our strongest quarterly local currency sales growth at 8%, as well as some external and internal challenges, particularly in Germany. However, our 2.9 million sales force members continue to operate their businesses and earn income to help support their families.”
Goings continued, “The four pillars of our business model enable us to succeed. By focusing and delivering on these pillars: innovative premium quality products; an entertaining selling situation, or party; compelling sales force compensation; and leveraging of direct-to-consumer fundamentals, I am confident that through the strength of our management teams around the world we will see better future sales and profit growth in spite of the challenges we’ll inevitably encounter.”
Second Quarter