Meet Julia Bailey

Julia Bailey (juliaba@herbalife.com) was interviewed in August 2018 by Gerry Zack (gerry.zack@corporatecompliance.org), CEO of SCCE & HCCA, based in Minneapolis, MN.

Julia Bailey, Senior Vice President, Chief Compliance Officer & Counsel, Herbalife Nutrition, Los Angeles, California

GZ: Thanks for taking the time to be interviewed for Compliance & Ethics Professional. Our readers may recognize Herbalife, but might not be familiar with its operations. Please give us a brief overview of the company’s products and the global extent of its operations.

JB: Herbalife Nutrition is a global nutrition company founded in 1980 that develops and markets a variety of weight management, targeted nutrition, sports and fitness, and other nutrition products, which are then sold through a network of independent distributors around the world. Our products, which include protein shakes and bars, teas, aloe, vitamins, and sports hydration products, are available in nearly a hundred countries, from Argentina to the U.S. to Zambia.

GZ: Many readers might mistakenly assume that Herbalife wouldn’t have many material compliance considerations like a pharmaceutical company might have. But it sounds like there are some pretty complicated compliance issues. What does the compliance regime look like for a global company like Herbalife?

JB: You’re right. Although we are not in the pharmaceutical industry, the nutrition supplement industry faces regulatory regimes that govern, for example, food, vitamins, advertising, and labeling. And as a U.S. publicly traded company, we also face the same type of compliance regimes that you would expect for other U.S. public companies. On top of this, as I mentioned, we operate around the globe and have interaction with government officials in some countries more than others, which necessitates additional oversight along with a variety of policies, procedures, and other internal controls.

GZ: For a global organization, staying on top of compliance-related developments and changing risks can be very difficult. How do you stay current on the numerous compliance developments that affect your company throughout the world?

This document is only available to members. Please log in or become a member.


Would you like to read this entire article?

If you already subscribe to this publication, just log in. If not, let us send you an email with a link that will allow you to read the entire article for free. Just complete the following form.

* required field