Herbalife Nutrition‘s Board of Directors will be rearranging and reassigning three of its leadership roles. The Board recently elected Alan W. LeFevre as its lead independent director. Maria Otero, who had been serving as the Board’s interim lead independent director, will continue to chair the compensation committee. Don Mulligan will now serve as the audit committee chair.
“We are extremely grateful to Maria Otero for wearing two hats as the lead independent director and chair of the compensation committee and look forward to her continued contributions to Herbalife Nutrition,” said John Agwunobi, Herbalife Nutrition Chairman and CEO. “Alan and Don bring extensive experience and knowledge in finance and consumer products to our Board, and we look forward to their guidance as we lay the foundation for Herbalife Nutrition’s next wave of growth.”
LeFevre has been a member of the Herbalife Nutrition Board since 2018 and previously served as the audit committee chair. Mulligan joined the Board in March 2021.