News Source: Press Release
"Herbalife Ltd. and the American Red Cross Los Angeles Region signed a Memorandum of Agreement (MOA) to affirm the terms of an ongoing working relationship between the American Red Cross and Herbalife to support the LA community during disaster relief operations and in emergency preparedness. The agreement provides for Herbalife to give protein bars to the Red Cross on an ongoing basis for emergencies, and in increased quantities in the case of local disasters. The Red Cross will also help to educate Herbalife employees on disaster preparedness.
"This is a very important feeding agreement for the Red Cross as we work towards preparing LA for a large scale disaster, having Herbalife's gift of protein bars to provide food across Los Angeles County," said Paul Schulz, Red Cross Los Angeles CEO. "Red Cross is very thankful for its partnership with Herbalife at all levels. They support our mission through blood drives, board leadership and financial contributions such as a recent $125,000 donation to aid the people of Japan."
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