Live Breaking News & Updates on Change Investor Views After Years

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Herbalife Nutrition Ltd. ’s new finance chief is working to change investors’ view of the business after years of activist pressure, which abated in January when Carl Icahn – once its largest shareholder sold a large chunk of his stake and relinquished his board seats. A yearslong struggle between Mr. Icahn and William Ackman, an activist investor who bet against Herbalife’s stock, diverted investors’ attention away from the business, said Alex Amezquita, who took over Herbalife’s finance function in November. “We talked about Carl Icahn, Bill Ackman and all these other things, rather than the business itself,” he said. ....

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