date:Jul 28, 2014
, Barbara Henderson, senior vice president of global corporate communications, will step down. She informed the company last year that she wanted to retire at age 67, Herbalife said. Before joining PepsiCo, Hoffman was Bidens deputy chief of staff and deputy assistant to President Barack Obama.
Ackmans firm, Pershing Square Capital Management LP, accuses Herbalife of misleading distributors, misrepresenting sales figures and selling a commodity product at inflated prices. Regulators including t