![]()
Herbalife shares ended the day up 7 percent yesterday, following an announcement of the company’s latest agreement with billionaire investor Carl Icahn. In accordance with the agreement, Icahn and entities party to the investor now hold a 13.6 percent stake in the company, with the right to increase the size of their ownership position up to 25 percent. Herbalife also announced that it will expand the size of its Board of Directors, adding two Icahn representatives to the nine sitting members.
Read the full Wall Street Journal story here.


Beachbody’s core purpose statement is proudly displayed in the Santa Monica, Calif. headquarters.
P90X
The “Shakeology Wall of Ingredients” displays the host of superfoods and ingredients found in every serving.
Carl Daikeler

Joseph Mariano
Rep. Pete Sessions (R-Texas) is the latest recipient of DSA’s Champion of Free Enterprise Award. The award was presented in September 2012 by DSA President Joseph Mariano (left) and the current Chairman of the DSA, Brent Chapman (right), Herbalife’s General Counsel.
DSA President Joseph Mariano (right) speaks with Beachbody CEO Carl Daikeler at DSA’s largest educational and professional development event, the DSA Annual Meeting in June 2012.
Adolfo Franco
Amy Robinson
The DSA would be remiss, says DSA President Joseph Mariano, if it did not note the significant contributions that have been made by the Direct Selling Education Foundation, which was created by DSA 40 years ago as a charitable, not-for-profit arm. DSEF engages the academic community, the consumer protection community and the entrepreneurial community about direct selling, but also about other issues to build credibility with those audiences so they have a better understanding of direct selling.
Charlie Orr
Mauricio Bellora
Alex Dunn
Matthew Eyring
Dan Rapp
Preston Richards
Daniel Taylor
Nao Lau
June Dhillon
Rick Heath
Darleen Santore
Leslie Boyd-Bradley
Greg Fink
Gregg Corella
Mark Pentecost is Founder and CEO of It Works! Global. 