Home / World Latest News / Hain Celestial in Pact With Activist Investor Overhauling Board

Hain Celestial in Pact With Activist Investor Overhauling Board

Hain Celestial Inc. reached an settlement with an activist investor that requires sweeping adjustments to the food-and-beverage corporate’s board and opens the door to a conceivable sale, consistent with folks aware of the topic.

As a part of the agreement with Engaged Capital LLC, Hain will nominate six new administrators and 3 board contributors gained’t run for re-election, the folk mentioned. The board is to include 11 administrators, all however one…

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