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November 3, 2016
By: Melissa Meisel
Herbalife Chief Executive Officer Michael Johnson will step down next year, according to recent reports. He will move to the role of executive chairman in later 2017. Chief Operating Officer Richard Goudis—who has been with the company for 15 years— will replace him as CEO. The company recently settled with the FTC for $200 million, as previously reported in Happi.
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