Herbalife Nutrition Ltd. plans to overhaul its board as Carl Icahn winds down his eight-year involvement with the company and it looks to burnish its standing with other investors.
Herbalife will add to its board Sophie L’Hélias, a corporate governance expert and the lead independent director of French luxury-goods company Kering SA; Kevin M. Jones, chief executive of cloud-computing firm Rackspace Technology Inc. ; and Don Mulligan, the former CFO of food conglomerate General Mills Inc., the nutritional-supplements maker plans to announce Monday.
See original story at wsj.com