James Nelson to Succeed Jeffrey Dunn as Lead Independent Director
23 Juli 2019 - 2:30AM
Business Wire
The Board of Directors of Herbalife Nutrition (NYSE: HLF) (“the
Company”) today elected James Nelson as lead director, effective
immediately. Nelson will succeed Jeffrey Dunn, who, after 10 years
of service on the Board, including five years as lead director, is
retiring from the Board so he may devote more time to his new role
as CEO of Bolthouse Farms.
Nelson, who is the CEO of Global Net Lease Inc., a publicly
traded real estate investment trust, has served on the Herbalife
Nutrition Board since 2014.
“Jim Nelson has been a significant contributor to our board for
the past five years,” said Michael Johnson, Herbalife Nutrition
Chairman and CEO. “His keen understanding of our various industries
and the financial markets, combined with his passion for Herbalife
Nutrition, will help drive our continued growth and I look forward
to his continued guidance as we move the Company forward.”
Johnson continued, “On behalf of the entire Board, I would like
to thank Jeff for his extraordinary service over the last 10 years.
His leadership, dedication and commitment to our company has been
invaluable. He is a wonderful friend and we wish him great success
at Bolthouse Farms.”
About Herbalife Nutrition Ltd.
Herbalife Nutrition is a global nutrition company whose purpose
is to make the world healthier and happier. The Company has been on
a mission for nutrition - changing people's lives with great
nutrition products and programs - since 1980. Together with our
Herbalife Nutrition independent distributors, we are committed to
providing solutions to poor nutrition and obesity, an aging
population, and skyrocketing public healthcare costs, while also
providing a means for entrepreneurs of all ages to pursue a
business opportunity. Herbalife Nutrition offers high-quality,
science-backed products, most of which are produced in
Company-operated facilities, one-on-one coaching with an Herbalife
Nutrition independent distributor, and a supportive community
approach that inspires customers to embrace a healthier, more
active lifestyle.
Herbalife Nutrition’s targeted nutrition, weight-management,
energy and fitness and personal care products are available
exclusively to and through its independent distributors in more
than 90 countries. Through its corporate social responsibility
efforts, Herbalife Nutrition supports the Herbalife Nutrition
Foundation (HNF) and its Casa Herbalife programs to help bring good
nutrition to children in need. Herbalife Nutrition is also proud to
sponsor more than 190 world-class athletes, teams and events around
the globe.
Herbalife Nutrition has approximately 8,900 employees worldwide,
and its shares are traded on the New York Stock Exchange (NYSE:
HLF) with net sales of approximately $4.9 billion in 2018. To learn
more, visit Herbalife.com or IAmHerbalife.com.
Herbalife Nutrition also encourages investors to visit its
investor relations website at ir.herbalife.com as financial and
other information is updated and new information is posted.
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Relations 213.745.0449
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