Herbalife CEO Johnson signs new deal: $1.28M salary, $8M equity, term to Dec 2024

HERBALIFE LTD.

Base salary $1,280,000; annual bonus target $1,920,000 (max 300% of target).
Equity award $8,000,000 grant-date fair value: 50% RSUs, 50% SARs; vests 50% on 1-yr anniversary, 50% by Jan 3, 2026 or when new non-interim CEO appointed.
Personal use of company aircraft up to $500,000 per year.
If terminated without cause, RSUs fully vest, SARs pro-rata; forfeited if CEO resigns before Dec 31, 2024 without successor. Not eligible for Executive Officer Severance Plan.

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