Herbalife Nutrition (NYSE:HLF), announced today the election of four new members to its Board of Directors. The newly elected directors, Nicholas Graziano, Alan LeFevre, Juan Miguel Mendoza, and Margarita Palau-Hernandez, will join their fellow directors in helping the Company deliver on its purpose of making the world healthier and happier.
Stepping off the Board are long time directors Richard P. Bermingham, who served since the Company’s IPO in 2004, Pedro Cardoso, an independent Herbalife Nutrition distributor, who served since 2010 and Keith Cozza who served since 2013 as a representative of Icahn Enterprises.
“Today we extend a heartfelt thanks to our exiting board members for their service and leadership, especially over the past five years during such a critical time in our company’s history,”
said Michael O. Johnson, Executive Chairman of Herbalife Nutrition. “And, we welcome the expertise of our new members, and their shared passion for nutrition and our purpose of making the world healthier and happier, and believe they will add great value to Herbalife Nutrition.”
Nicholas Graziano is a portfolio manager of Icahn Capital, the entity through which Carl C. Icahn manages investment funds. Mr. Graziano was previously the founding partner and chief investment officer of the hedge fund Venetus