Herbalife adds Lynda Cloud to Board of Directors

Published 25/04/2025, 22:22
Herbalife adds Lynda Cloud to Board of Directors

LOS ANGELES - Herbalife Ltd. (NYSE: HLF), a global health and wellness company, has announced the appointment of Lynda Cloud to its Board of Directors, effective April 23, 2025. The company made this strategic move to bolster its commitment to innovation, digital transformation, and personalized wellness, as it continues to adapt to the evolving consumer health landscape. According to InvestingPro data, Herbalife has shown resilience with an 8% gain over the past week, despite facing broader market challenges.

With a career spanning nearly three decades, Cloud brings a wealth of experience to Herbalife’s board, particularly in the realms of digital learning and consumer experience. Her most recent role was as CEO of the Institute for Integrative Nutrition, where she led a significant global expansion in digital wellness education. Prior to that, Cloud held leadership positions at Equal Ed and K12 Inc., where she was instrumental in pioneering online learning and the development of virtual schools.

Michael Johnson, CEO and Chairman of Herbalife, emphasized the importance of Cloud’s election to the board during a transformative period for the company. He stated that her expertise in driving growth through innovation will be crucial as Herbalife intensifies its digital evolution and seeks to improve the delivery of wellness solutions in a dynamic global environment.

The company also expressed gratitude to Alan LeFevre, an outgoing director, for his years of dedicated service and contributions to Herbalife’s board.

Herbalife, established in 1980, operates in over 90 markets, providing nutrition products and a business opportunity for independent distributors. These distributors offer personalized coaching and support to customers, promoting a healthier and more active lifestyle.

This board appointment is expected to support Herbalife’s strategic priorities and enhance its global platform as it continues to modernize and expand its wellness offerings. The information regarding Cloud’s appointment and her background is based on a press release statement issued by Herbalife Ltd.

In other recent news, Herbalife has been the subject of several notable developments. The company has seen its issuer credit rating upgraded by S&P Global Ratings from ’B’ to ’B+’ due to successful deleveraging efforts, reducing its leverage to 4.1x in 2024. Herbalife also repaid $65 million of debt in the first quarter of 2025, which helped lower its outstanding balance on 2025 notes. Meanwhile, DA Davidson has upgraded Herbalife’s stock from Neutral to Buy, setting a new price target of $14.00, up from a previous $7.50, due to promising strategic initiatives by the new CEO. Citi also maintains a Buy rating with a $13.00 target, despite observing a decline in web and app traffic in key markets such as the United States and Mexico. Herbalife’s constant currency sales increased by 3% in the fourth quarter of 2024, and the company aims for a mid-point organic sales growth of 4% by 2025. The company’s free cash flow was approximately $375 million over 2023-2024, and its leverage is targeted to decrease further to 3.0 times by 2025. These developments have positioned Herbalife as a potentially attractive opportunity for investors, with DA Davidson including it on their STAMPEDE list, which highlights stocks expected to benefit from specific catalysts like management changes.

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