TROY, Mich. -- ViSalus, Blyth Inc.'s weight loss, energy drink and nutritional supplement business, said Friday that it has named Yahoo executive Rich Riley to its board.
ViSalus had meant to go public, but withdrew its initial public stock offering at the end of September, citing uncertain market conditions.
Blyth, which also sells candles, owns nearly 73 percent of ViSalus. It has been buying the company in phases and plans to complete the process by 2014.
Riley worked for Yahoo Inc. for 13 years, most recently as the Internet company's executive vice president of the Americas region.