Thursday, April 25, 2013

Herbalife Elects Two Carl Icahn-Backed Board Members



From CNBC: During Herbalife's shareholder meeting, three proposals passed easily: an advisory vote supporting executive compensation, a plan to move toward annual re-election of the entire board and the election of some board members, including two new ones who work with Carl Icahn…

Icahn representatives Jonathan Christodoro and Keith Cozza were elected to serve two-year terms on the board.   The meeting was over in 15 minutes, and the board then adjourned to a private meeting where reporters weren't allowed….

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