27.11.2007 21:42:00
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Herbalife Appoints New Head of Global Operations
Herbalife Ltd. (NYSE: HLF), a global nutrition and direct-selling
company, announced the appointment of Shankar Suryanarayanan as senior
vice president of global operations to lead the strategic development of
the company’s manufacturing, strategic
sourcing, supply chain, and process improvement efforts on a global
basis.
Having worked in India, Europe, Asia, and the U.S., Suryanarayanan’s
experience well suits Herbalife’s global
business model. He joins the company from Sandoz, a division of
Novartis, where he was head of global sourcing and purchasing, based in
Germany, responsible for an annual spend of over $1 billion on direct
materials, licensed products and manufacturing services from over 1,000
suppliers.
Previously, Suryanarayanan served as head of global technical operations
and leadership team member for Roche Consumer Health out of Switzerland.
With responsibility for leading a team of 1,200 associates in
engineering, quality, procurement, manufacturing and logistics, he is
credited with streamlining processes to reduce time to market, fully
integrating technical operations into the consumer health business, and
establishing systems to obtain licenses from multiple regulatory
agencies.
Before moving to Europe, Suryanarayanan was a senior consultant in the
operations management practice of Monitor Group, where he led teams that
used economic modeling to determine competitive positions of clients’
businesses.
Earlier in his career, he spent over a decade at Fisher Controls
International, a division of Emerson Electric, in positions of
progressive responsibility, first in the company’s
Asia Pacific headquarters, and later in the global headquarters in the
U.S. Suryanarayanan also gained experience as a manufacturing engineer
at General Motors.
He holds a master of science in management from MIT Sloan School of
Management, a master of science in mechanical and aerospace engineering
from University of Missouri, and a bachelor of technology in mechanical
engineering from Indian Institute of Technology in Kharagpur, India.
About Herbalife
Herbalife Ltd. (NYSE: HLF) is a
global network marketing company that sells weight-management,
nutrition, and personal care products intended to support a healthy
lifestyle. Herbalife® products are sold in 65
countries through a network of 1.7 million independent distributors. The
company supports the Herbalife
Family Foundation and its Casa Herbalife program to bring good
nutrition to children. Please visit Herbalife Investor
Relations for additional financial information.
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