date:Jul 28, 2014
Herbalife Ltd. (HLF), the nutrition company being investigated by the Federal Trade Commission over allegations that its a pyramid scheme, hired a PepsiCo Inc. (PEP) executive to take on a newly created public-affairs job.
Alan Hoffman, a former aide to U.S. Vice President Joe Biden, will become executive vice president of global corporate affairs at Herbalife, the Los Angeles-based company said today in a statement. As part of the job, which starts Aug. 25, hell oversee public policy, corporat