According to an article in Forbes:
Idaho might supply a third of America’s potatoes, but you won’t find its richest resident among the state’s 325,000 acres of potato fields, or even in its capital city of Boise. He’s in Idaho Falls (pop. 60,211), running one of the nation’s largest online retail companies from his headquarters four miles from downtown.
Idaho’s wealthiest person, with an estimated net worth of $1.9 billion: Frank VanderSloot, the 68-year-old founder and CEO of Melaleuca, which bills itself as “the wellness company.”
Melaleuca manufactures more than 450 products ranging from vitamins and health supplements to environmentally-friendly household cleaners. It then sells them direct from the factory to more than 1.8 million consumers every month through its online store.
About two-thirds of customers simply buy products for personal use. But Melaleuca also offers commissions to those who want to refer customers of their own. Most just earn a 3-4% commission on goods purchased by people they have directly referred, but it’s possible — depending on how many people you have referred and how active a role you take in the company each month — to earn higher rates and commissions on purchases made by the Melaleuca customers referred to the business by
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ARIIX Honored with 6 Distinguished CEO World Awards
by Ted Nuyten • • 0 Comments
Winners of the 2017 annual CEO World Awards were announced and ARIIX — THE Opportunity Company™ — received top honors, including Best Overall Company of the Year and Management Team of the Year.
The ARIIX founders, company innovations and the Jouvé™ brand were honored with six prestigious awards in total, including three gold and three silver awards, in this global competition honoring business and professional excellence.
Awards received include:
Best Overall Company of the Year, Gold
Innovative Company of the Year — Consumer Products and Services, Silver
Management Team of the Year, Gold
CEO of the Year — Fred Cooper, Gold
Executive of the Year — Mark Wilson, Silver
Products, Upgrades, and Innovation of the Year — Jouvé Skin System, Silver
“We have already been experiencing incredible things for 2017,” says ARIIX President and Founder, Mark Wilson.
“We’re setting record sales weeks in our top markets, we’ve shaken up the industry with compensation plan enhancements, and we’re about to host the largest event in ARIIX history, our World Reunion in Hong Kong.
We’re just getting started, and being honored by the CEO World Awards is just the tip of the iceberg for the recognition our innovations will be receiving this year.”
The annual CEO World Awards program encompasses the world’s best in
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Avon CEO Sheri McCoy Is Expected To Step Down
by Ted Nuyten • • 0 Comments
According to an article in Wall Street Journal:
Sheri McCoy, the CEO of cosmetics company Avon, is reportedly expected to step down.
The Wall Street Journal, citing people familiar with the matter, reports that the 58-year-old chief executive may be retiring. The terms of her potential departure, as well as details about a replacement, are not yet known.
McCoy’s possible departure gave some investors hope, sending shares of the struggling makeup company up roughly 4.6% by the market’s close Wednesday.
The company has struggled with declining sales and a sharp downtick in its stock price in recent years. In May, Avon’s stock price dropped 22% in a single day, falling to $3.62.
That prompted two shareholders — Barington Capital Group LP and NuOrion Partners AG, which together own 3% of the company’s stock — to urge the 131-year-old cosmetics brand to look for a new CEO.
Earlier this week, Avon announced that Miguel Fernandez, a former Herbalife executive, would take over as global president in August — replacing John Higson, who is set to retire in the fall, the Wall Street Journal reported.
About Avon Products, Inc.
Avon is the company that for more than 125 years has stood for beauty, innovation, optimism and, above all, for
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Youngevity Takes Top Honor At Telly Awards For Betterment Video
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYID), a leading omni-direct lifestyle company – Triple A Classified by Business For Home – today announced that the Company has been recognized by the 37th Annual Telly Awards with its top honor – a Silver People’s Choice Telly Award – for its “Betterment” video.
This latest honor marks the Company’s 12th Telly Award this season –during the first year of entry for Youngevity. The People’s Telly Award is voted on among the community – industry leaders, producers, and enthusiasts from around the world. Being named a People’s Telly winner offers recognition from respected peers, experts and a global audience of individuals.
The Telly Awards is an international premier award honoring outstanding local, regional and cable TV commercials and programs, as well as the finest video and film productions and online commercials, videos and films. Winners represent the best work of the most respected advertising agencies, production companies, television stations, cable operators and corporate video departments in the world.
“It is gratifying and rewarding to be recognized with a People’s Choice Silver Telly Award for a video that embodies what our company is about – the idea of products, services and lifestyles that aim to make each day a
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Herbalife Appoints Richard Goudis As CEO
by Ted Nuyten • • 0 Comments
Premier global nutrition company, Herbalife (NYSE: HLF), today announced the official transition of Richard P. Goudis as the new Chief Executive Officer (CEO), in succession to Michael O. Johnson, who will now assume the position of Executive Chairman of the Company.
With his passions grounded in innovation, education and training, Goudis will set the strategy for Herbalife Nutrition, overseeing all aspects of the Company’s growth initiatives and ensuring the Company continues to be recognized worldwide as a leading nutrition company.
Goudis will guide the overall Herbalife Nutrition business strategy in the 94 countries where the Company operates. He will also be responsible for strengthening and increasing the base of Independent distributors and consumers, as well as the development of new product lines with broad scientific support.
“This is an exciting time to be leading such a dynamic team of dedicated professionals who everyday position our company for further innovation and growth. Our talented global distributors bring innovative products to market that help customers live healthy, active lifestyles, truly making us the premier global nutrition company,” said Richard P. Goudis, CEO, Herbalife Nutrition.
Goudis, a recognized leader in the nutrition industry, has more than 18 years of experience in the field of nutrition with 13
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Michael Hansen Awarded Prestigious CEO Of The Year Award
by Ted Nuyten • • 0 Comments
UK-based, Acquisition International, has awarded Ominto, Inc., parent company of DubLi Network, Founder and CEO, Michael Hansen, with the prestigious 2017 USA Business Executive Award for CEO of the Year.
The magazine published an in-depth interview with Mr. Hansen while characterizing the company as the Leader in Global Online Cash Back Shopping in their May 2017 issue.
The magazine, targeted at the investment community, awarded Mr. Hansen the cover feature story with a photo from the company’s recently successful uplisting to the Nasdaq Capital Market.
The article takes in-depth look at Mr. Hansen’s ongoing ability to innovate within the competitive Cash Back industry. Mr. Hansen provides insights into the many ways in which the company is tackling the B2C and B2B2C market and as well as the company’s new strategies for growth.
Mr. Hansen explains how the success of the company is not only based on the growth within the Cash Back segment but also its internal procedures that set them apart.
When discussing what makes DubLi.com different, he noted,
“Cash Back is a unique business model where the revenue stream is based on a behavior by which consumers are already engaged.
The appeal of the Cash Back value proposition is straightforward: join or sign in, choose your favorite store,
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CEO Dan Anderson Nominated For Prestigious Leadership Award
by Ted Nuyten • • 0 Comments
Learning Enterprises Organisations’ (LEO) CEO Dan Anderson has been nominated for a prestigious leadership award for his inspirational approach to steering the organisation.
Dan has been shortlisted by the Direct Selling Association for the coveted award and is among those recognised at the DSA conference at this week’s gala ceremony in England.
Mr Anderson said he was delighted to have been chosen from such a talented and capable field.
“I passionately believe in the potential inside people. Anything that someone else has done, you can do also. This has been my motto throughout my life, I try to lead by example, I work with real passion, drive and determination and believe with hard work we can all reach our real potential. You can be the change that your life needs.
“I’m delighted to have been nominated for this award, what a privilege to be recognised for doing what I love, growing this business is an honour, that I love getting out of bed for each and every morning” he added.
The Leadership category is among four awards set to be presented during the event, with a Partnership, Support, and Company with Heart honours also set to be awarded to an exclusive list of high achieving
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OneCoin Appoints Corporate Banker Pierre Arens As CEO
by Ted Nuyten • • 0 Comments
OneCoin announced today that Pierre Arens has been appointed as Chief Executive Officer, effective March the 15th, 2017.
“Our new CEO, Pierre Arens, is going to take OneCoin to the next stage of its growth.
His experience in senior management roles in banking, international finance and capital markets, combined with his passion for successfully achieving ambitious goals, make him the right leader to assume the CEO role at OneCoin – a company dedicated to remaining at the forefront of a rapidly developing industry. “
“Pierre is entrepreneurially driven. What is more, Pierre’s natural leadership skill and abilities in managing and being part of a team make him an extraordinarily good fit for a global, innovative company like OneCoin”,
said Dr. Ruja Ignatova, the Founder and Visionary behind OneCoin.
Pierre holds extensive industry knowledge with over 25 years of experience in senior roles in banking and corporate finance. Prior to joining OneCoin, Pierre filled various roles from bank CEO to Managing Director Credit Structuring, Treasury & Financial Markets at Banque Internationale a? Luxembourg (BIL).
Pierre holds an MBA in Finance from Sacred Heart University, Connecticut, and a Master’s from Universite? Paris Sorbonne. He is fluent in his native Luxembourgish as well English, German, French and Italian.
“I’m
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Top CEO Al Bala Speaker At The European Direct Selling Congress
by Ted Nuyten • • 0 Comments
Alfredo (Al) Bala is since 2015 CEO of a leading $200 million public listed Direct Selling Company.
He has been a key contributor to bringing the company back to profitability.
Al Bala has 35 years of experience working in the direct sales industry, with 28 of those spent as a field sales leader. He joined his company in 2007 and rapidly increased his responsibilities at the company, ascending to the position of President in June of 2014.
Al also played a crucial role in his company expansion into 15 countries since 2007, including South Africa, Mexico, Scandinavia and soon, Colombia.
Al Bala served for 16 years as Chief Operating Officer of Britt Worldwide, LLC, one of the largest independent network marketing organizations, launching operations in over 65 countries across the globe with a
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Legal Shield CEO Jeff Bell Open Letter To The FTC On Pyramid Schemes
by Ted Nuyten • • 0 Comments
Jeff Bell is CEO of LegalShield, an USA based leading provider of affordable legal plans and identity theft solutions for individuals, families and small businesses, serving more than 4.2 million people across North America.
He has send the next open letter to the FTC:
When Federal Trade Commission Chairwoman Edith Ramirez steps down in a few days, we will remember her speech at the Direct Selling Association’s Business and Policy Conference in Washington last October, where she clearly laid out what it means to be operating a pyramid scheme.
Her remarks were important, and they were necessary. Because the Direct Selling Association (DSA) can’t seem to enforce the ethical codes and standards it created, the FTC had to step in to clean house. While some companies, such as LegalShield, embrace network marketing as a powerful