A look at the ever-evolving role of a chief financial officer, the skills CEOs say they want from their financial partners, and how CFOs can deliver.
Tag Archive for Chief Financial Officer
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Nature’s Sunshine Products Names Shane Jones as Chief Financial Officer
by Nicole Dunkley • • 0 Comments
Nature’s Sunshine Products, Inc., (NASDAQ: NATR), a leading natural health and wellness company manufacturing high-quality herbal and nutrition products, recently announced that Shane Jones has been named Chief Financial Officer, effective December 30, 2022.
Jones brings over 25 years of finance experience, having previously served as the Chief Financial Officer at well-known companies like West Marine, 1-800 Contacts, and Backcountry.com. He also held senior-level finance roles at several notable companies, including Amazon, L Brands, and YUM! Brands.
Most recently, Jones joins Nature’s Sunshine from FullSpeed Automotive, one of the nation’s largest franchisors and operators of automotive aftermarket service facilities, where he served as the company’s Chief Financial Officer.
“We are pleased to have someone with Shane’s strong background join our team,”
said Terrence Moorehead, President, and Chief Executive Officer.
“His proven track record of creating high-performing teams, while working collaboratively to achieve business objectives, will play an important role in ensuring we continue to drive growth across the business.”
Jones will report directly to the CEO and serve as a key member of the Company’s Executive Committee. He will also work closely with the company’s Operating Business Units, IT, and Supply Chain team to identify operating efficiencies and drive sustainable, profitable growth.
“Nature’s Sunshine has an incredible
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Modere Appoints New Chief Financial Officer – Shane Ware
by Ted Nuyten • • 0 Comments
Modere (“the Company”), the first social retailer to create a safe and forward-thinking approach to overall wellness, today announced the advancement of Shane Ware to Chief Financial Officer.
Having served with the Company for 10 years in various roles of progressive responsibility, Shane brings an intimate knowledge of the Modere brand—and its historic growth internationally—to his new post as CFO.
Most recently, as Vice President of Finance for the Japan market, Shane was charged primarily with helping to execute the rebranding of the then-largest market and its conversion to the Company’s innovative new Social Retail business model.
Over his decade-long tenure, Shane has traveled to or worked in every Modere foreign office, overseeing financial operations in each market. A licensed CPA with an MBA from the University of Utah, Shane’s impressive credentials and extensive industry background make him an incredible asset to the Company in his new role as CFO during what’s projected to be Modere’s largest growth period.
“Shane’s vast repertoire of experience positions him as a leader in the finance and operations industry,”
said Asma Ishaq, CEO of Modere.
“As we cap record-breaking growth in all of our key markets over the first quarter of 2018, Shane’s leadership will be instrumental in guiding
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Amway Names Nick Thole As Chief Financial Officer
by Ted Nuyten • • 0 Comments
Amway, the $8.8 billion USD direct selling leader, announced the appointment of Nick Thole to the role of Chief Financial Officer.
As a member of the executive team, Thole will provide broad financial oversight and will be responsible for developing strategic financial objectives to ensure the company’s continued financial performance.
In this position, Thole will have direct responsibility for Amway’s balance sheet, capital structure, and the overall financial reporting and control process with broad responsibilities for Tax, Treasury, Accounting and Corporate Financial Reporting and Business Planning.
Thole previously served as Chief Financial Officer of the Company’s Europe, India and Africa region, Vice President of Internal Audit, and Vice President of Financial Planning and Analysis. He joined Amway in 2008 as Manager of Mergers and Acquisitions.
Prior to Amway, Thole worked in the capital markets as an investment banker and investor relations consultant. He has a Bachelor of Science degree in Journalism from Northwestern University and an MBA in Finance from Michigan State University.
About Amway
Amway is an $8.8 billion direct-selling business based in Ada, Michigan, USA. Top-selling brands for Amway are Nutrilite™ vitamin, mineral and dietary supplements, Artistry™ skincare and color cosmetics, eSpring™ water treatment systems and XS™ energy drinks – all sold exclusively by
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Nu Skin Appoints Mark Lawrence As Chief Financial Officer
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced the appointment of Mark H. Lawrence as chief financial officer, effective March 27. Lawrence will replace Ritch Wood, who will become the chief executive officer of the company as previously announced.
As indicated in the company’s Feb. 16 press release, Truman Hunt, who has served as the company’s chief executive officer since 2003, will become the vice chairman of the board of directors and Ryan Napierski will become the company’s president. These changes are effective today.
“Mark brings a wealth of leadership experience and an in-depth knowledge of finance and operations that will provide strength to Nu Skin and our senior management team,” said Wood. “In addition, his extensive experience in leadership positions at multiple publicly traded companies provides Mark a strong foundation to understand
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Nature’s Sunshine Products Announces The Retirement Of Steve Bunker As Executive Vice President
by Nicole Dunkley • • 0 Comments
Nature’s Sunshine Products, Inc., a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, announced today that Steve Bunker, Executive Vice President, Chief Financial Officer and Treasurer, will be retiring from the company at the end of fiscal 2016.
Mr. Bunker has served in his current capacity since joining the company in March 2006.
“Steve has played a pivotal role in solidifying Nature’s Sunshine Products’ financial systems and controls during his tenure,” said Gregory L. Probert, Chairman and Chief Executive Officer.
His contributions have greatly contributed to a culture of integrity, compliance and control at the company. He is a trusted partner within our leadership team, our Board of Directors and among our institutional investors.
We are grateful for his many contributions over