Herbalife Expands Board of Directors with Appointment of Perkins Miller

Rhea-AI Summary

Herbalife (NYSE: HLF), a leading health and wellness company, has appointed Perkins Miller as an independent director to its board, effective June 26, 2024. Miller is the current CEO of Fandom, leading the brand into an entertainment tech company with personalized experiences and targeted advertising. He has a proven track record in large-scale e-commerce and media technology, including positions at StubHub, NFL, WWE, and NBC Sports. Michael Johnson, Herbalife's Chairman and CEO, highlighted Miller's expertise as valuable for the company's ongoing growth and transformation. Miller has previously served as an independent director at ISOS Capital Management and expressed enthusiasm about supporting Herbalife's mission.

Positive

• Appointment of Perkins Miller, an experienced executive in e-commerce and media technology.
• Miller’s experience includes leadership roles at major companies like Fandom, StubHub, NFL, WWE, and NBC Sports.
• Miller's expertise is expected to support Herbalife's growth and transformation.

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)-- Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today welcomed experienced e-commerce and media technology executive Perkins Miller to its board of directors. Miller’s appointment as an independent director is effective June 26, 2024.

“Perkins brings valuable, proven expertise in leading large-scale e-commerce, technology and sports enterprises, which will be a great asset to our Board as the Company continues to grow and transform,” said Michael Johnson, Chairman and CEO of Herbalife.

Miller is the CEO of Fandom, the world’s largest fan platform where fans immerse themselves in imagined worlds across entertainment and gaming, where he has transformed the brand into an entertainment tech company, offering personalized experiences, targeted advertising, and in-depth fan insights. Miller has held executive leadership roles including General Manager of the Americas and Co-President, StubHub, Chief Digital Officer and Head of Media Operations, National Football League, Executive Vice President of Digital Media, WWE, and Head of Digital Media, NBC Sports and Olympics. Miller’s corporate board experience includes serving as an independent director at ISOS Capital Management.

“I am pleased to join Herbalife’s Board of Directors to support the Company’s long history of fueling entrepreneurship, health and wellness among its global community of passionate distributors and their customers,” said Miller.

About Herbalife Ltd.

Herbalife (NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life.

For more information, visit https://ir.herbalife.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240626393124/en/

Media Contact:

Thien Ho

Vice President, Global Corporate Communications

thienh@herbalife.com



Investor Contact:

Erin Banyas

Vice President, Head of Investor Relations

erinba@herbalife.com

Source: Herbalife Ltd.

FAQ

Who has Herbalife appointed to its board of directors?

Herbalife has appointed Perkins Miller as an independent director to its board.

What is the effective date of Perkins Miller's appointment to Herbalife's board?

Perkins Miller's appointment to Herbalife's board is effective June 26, 2024.

What is the current role of Perkins Miller?

Perkins Miller is currently the CEO of Fandom.

What expertise does Perkins Miller bring to Herbalife's board?

Perkins Miller brings expertise in leading large-scale e-commerce, technology, and sports enterprises.

How does Herbalife view the appointment of Perkins Miller?

Herbalife views Perkins Miller's appointment as a valuable addition to support the company's growth and transformation.