The Hain Celestial Group, a Melville, N.Y.-based natural and organic foods company, has appointed Brett Icahn and David Schechter to its board of directors. The appointments follow an agreement reached between investment funds managed by Carl Icahn, who owns between 10 and 15 percent of the company, according to separate disclosures filed with the Securities and Exchange Commission.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...