Herbalife Ltd. said Tuesday it promoted William Rahn to managing director of the Asia Pacific region.
Rahn started with the nutritional and weight-loss supplements maker as senior vice president of Japan in 2004 but had his role broadened over the years to include sales and operations of Japan and Korea as well as marketing for the Asia Pacific region.
Shares of Herbalife shed 53 cents, or 2.5 percent, to $21.01 in afternoon trading as the broader market fell on concerns that the recession is worsening.
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J. Michael Warner on February 22nd, 2009 at 12:30 pm
Based on my research I believe that the home based business market is set to explode. This recession is teaching people that they can not depend on corporations any more for security. Most of my businesses are set up so I can get residual income. I also work hard at setting up multiple streams of income. I recommend to all of my clients and friends to do the same.