Monthly Archives: December 2015

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Youngevity Announces Opening Of Technology Center

by Nicole Dunkley • December 17, 2015 • 0 Comments

Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, announced today the opening of its office in Southern California’s technology hub, Aliso Viejo.
The company moved into the Summit Office Campus Complex located at 30 Enterprise earlier this month and has immediately begun the process of staffing the facility with an agile software development team. The Aliso Viejo area has become a hot bed for technology where companies like Google, Microsoft, Telogis, Quest Software, and QLogic have already opened offices.
Steve Wallach, Youngevity’s CEO, stated, “We are proud to announce the opening of our office in Aliso Viejo. We believe this location will serve our ambitious vision of creating world class and industry leading technology to

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Heather Chastain Named President Of Shaklee U.S. And Canada

by Nicole Dunkley • December 17, 2015 • 0 Comments

Shaklee, Nutrition and personal care products seller has brought on Heather Chastain as President of Shaklee U.S. and Canada, a role supporitng the growth and success of Independent Distributors in the company’s key North American markets.
Shaklee’s new President brings 20 years of experience in direct selling, most recently as Senior Vice President and Chief Sales Officer at another personal-care and wellness brand within the industry. In a statement, Shaklee describes Chastain as an executive with a “strong, collaborative and relational style of management and leadership.” Her previous roles have included responsibilities in sales, marketing, manufacturing and operations.
“We are very fortunate to have Heather join our Shaklee family. She is a superb executive with a proven track record of generating growth in the direct selling industry,” Chairman and CEO Roger Barnett said in

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Mannatech Announces New Gold Presidential Directors

by Nicole Dunkley • December 17, 2015 • 0 Comments

Prior to joining Mannatech, Meonghe Song was an ordinary housewife who took care of her kids and mother-in-law. But within a few months of starting her Mannatech business, she found herself leading an extraordinary life and business, living the life she had always dreamed of living.
Once she began taking Mannatech’s products, she noticed that the products helped her to stay healthy,* and she was able to trust its potential for a business. Song started the business with the suggestion from her husband, Hoyong Eo, who is a physician. Eo, who learned about Mannatech in 2004, felt compelled to start the business after learning about the science behind Mannatech’s products.
He began to see other people experience changes in their health and in their lives* as a doctor. Today, Song and Eo work

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Cerberus Nears Deal Of $170 Million For Majority Stake In Avon

by Nicole Dunkley • December 17, 2015 • 0 Comments

Cerberus Capital Management LP is nearing a deal to buy 80% of Avon Products Inc.’s North American business and take a nearly 17% stake in the famed cosmetics company, according to people familiar with the matter.
The private-equity firm will pay $170 million for the majority stake in Avon’s ailing North American business, and an additional $435 million for the stake in the parent, which had a market value of $1.8 billion as of Wednesday’s close, the people said. A deal could be announced as soon as Thursday, though it could fall apart at the last minute, the people cautioned.
As part of the agreement, Cerberus will take three seats on Avon’s board of directors, and the company will name two new independent directors, the people familiar with the matter said. A new Avon