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Someone Thinks Carl Icahn’s Underlings Are Qualified, Aren’t Too Busy To Serve On Its Board

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Attention eBay: Uncle Carl can be all sweetness and light, if you just do what he tells you to do. It might also help if you could get Bill Ackman to short your stock.

The besieged health supplements company said on Monday that it had renegotiated its agreement with Carl C. Icahn, allowing its biggest shareholder three additional seats on the board, which would bring his representation to five seats….

Herbalife will nominate Hunter C. Gary, Jesse A. Lynn and James L. Nelson for election to its 13-member board at its annual meeting in Los Angeles on April 29. Mr. Gary and Mr. Lynn are employees of Icahn Enterprises, while Mr. Nelson is an independent director of Icahn Enterprises.

Icahn to Get 3 Additional Seats on Herbalife Board [DealBook]



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