Herbalife appoints Richard Goudis CEO, succeeding Michael Johnson

Herbalife Ltd. has named Richard Goudis chief executive, succeeding Michael Johnson, who will become executive chairman of the company. Goudis has been a part of the Herbalife management team for 13 years, serving as chief operating officer since 2010. Herbalife shares are up more than 49% for the year so far while the S&P 500 index is up 7.7% for the period.