Melaleuca CEO Frank VanderSloot is staking his entire 32-year career on his ability to break a world rowing record.
Last week, VanderSloot announced he was going to make an attempt at the record on Tuesday, Aug. 14 — his 70th birthday. But in a surprising company announcement today, VanderSloot says he intends to resign as CEO of Melaleuca if he fails to break the record.
“If I break the record, I think it will say that I’m young enough to stay at the helm of Melaleuca for, I’m hoping, another 10 to 20 years,” VanderSloot said in an interview with EastIdahoNews.com. “If not, maybe it’s evidence that I’m aging as rapidly as anyone else.”
VanderSloot will be competing in the 100-meter row using the Concept 2 Rower. He’s exercised on the machine for years in his home.
He must finish in under 15.3 seconds to claim the world record.
He says the only reason he’s able to compete is because of Melaleuca’s signature nutritional supplement product, the Peak Performance Pack. He believes this product has helped him not age as fast as even the most famous athletes his age.
“Melaleuca has a product that is changing so many lives around the world, and it’s time that
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Melaleuca CEO: USA Anti-Pyramid Measure Is Really A Pro-Pyramid Bill
by Ted Nuyten • • 0 Comments
Frank VanderSloot is a board member of the U.S. Chamber of Commerce’s executive committee and the founder and CEO of Melaleuca, a $1.75 billion health products manufacturer based in Idaho Falls, Idaho.
The Hill is a top US political website and Frank VanderSloot is one of the contributors and he published the next article:
We’ve all heard the phrase, “a wolf in sheep’s clothing.” H.R. 3409, is exactly that. Crafted by the Direct Selling Association (DSA) and sponsored by Rep. Marsha Blackburn (R-Tenn.), H.R. 3409 has been inappropriately named the “Anti-Pyramid Promotional Scheme Act of 2017.”
In reality, this bill is anything but anti-pyramid. To the contrary, among other problems, it gives protection to pyramid schemes by redefining the term “pyramid scheme” in a way that allows almost any pyramid scheme to escape the definition.
We are not alone in that assessment. FTC Commissioner, Terrell McSweeney wrote that H.R. 3409 would “fundamentally damage the ability of the Federal Trade Commission to protect consumers from pyramid schemes” and “entirely stop the FTC from shutting down these kinds of scams.” Several reputable consumer organizations agree.
Blackburn had it right in her op-ed on Aug 28 when she wrote: “Every year, far too many unsuspecting Americans fall victim to pyramid schemes. Sold on
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Melaleuca CEO Frank VanderSloot Idaho’s Richest Person With $1.9 Billion
by Ted Nuyten • • 0 Comments
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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Melaleuca – 130,000 New Customers in January 2016
by Ted Nuyten • • 0 Comments
According to Frank VanderSloot’s Twitter account, the CEO of Melaleuca, the company got 130,000 new customers in January 2016.
Frank L. VanderSloot is CEO of Melaleuca, Inc. in Idaho Falls, Idaho, USA.
Since the company began in September of 1985, VanderSloot has directed its growth into an international company that generates more than $1 billion in annual revenue.
This is done through a sales force reaching hundreds of thousands of households across North America, Taiwan, Japan, Korea, China, Malaysia, Singapore, Australia, Hong Kong, New Zealand, Germany, Austria, the Netherlands, Ireland, and the United Kingdom.
Frank VanderSloot on Twitter:
“Over 130,000 new customers in January! Best growth month in our 30 year history! We’ve been discovered! People love our wellness products!”
About Melaleuca
Melaleuca. Not exactly an ordinary name. Then again, Melaleuca isn’t exactly an ordinary
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Melaleuca Gives Employees Over $2 million In Bonuses
by Ramya Chandrasekaran • • 0 Comments
Sometimes it pays to be loyal. That’s what nearly 200 employees of one direct selling company learned this week.
Melaleuca gave away over $2 million dollars in loyalty and longevity bonuses to 197 employees.
The bonus is for all full and part time employees, regardless of position or pay level, the only qualification is the employees length of service to the company.
Employees received anywhere between $5,000 to $25,000 depending on how long they have worked at Melaleuca. The first check is given to employees once they have been with the company for five years.
Melaleuca CEO Frank Vandersloot says he believes that employees who have helped build the company should share the wealth, something that employees are grateful for.
“He’s the CEO, he’s been here for 30 years, and he can keep going on with what
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Melaleuca’s CEO In The Midst Of The Presidential Race
by Tina Williams • • 0 Comments
Idaho isn’t known for attracting political powerhouses during presidential races. However, what it lacks in clout, it makes up for being home to one of the GOP’s wealthiest donors.
Frank VanderSloot, founder and CEO of health care products company Melaleuca based in Idaho Falls, was a critical fundraiser for former Republican presidential candidate Mitt Romney’s campaign during the 2012 election. Now he’s being courted by GOP presidential candidates eager to benefit from VanderSloot’s successful fundraising reputation.
“It was surely a lot easier four years ago,” he told The Associated Press. “There was a clear front runner to get behind. Romney was head and shoulders above the rest of the field … I surely have who I think will be the best president in my mind. But the question is, can they get elected? If
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Melaleuca CEO Wins Prestigious Award
by Tina Williams • • 0 Comments
Melaleuca CEO Frank L. Vandersloot, will receive the prestigious Horatio Alger award this weekend during a ceremony in the nation’s capitol.
The Horatio Alger Association of Distinguished Americans, is a nonprofit educational organization honoring the achievements of outstanding individuals. The group also encourages youth to pursue their dreams through higher education. VanderSloot joins eleven other accomplished business and civic leaders from across North America in receiving the award this year.
Since its establishment in 1947, the Horatio Alger Award is annually bestowed upon renowned leaders who have succeeded despite facing adversity, and who are committed to philanthropy and higher education.
VanderSloot grew up on an 80-acre farm in northern Idaho. He took on a series of odd jobs as an adolescent, and saved his money to be able to pay his own way through college.