Tag Archive for Isagenix

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Isagenix Raises The Bar For Associate Rewards With New Team Builders Bonus

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The Team Builders Bonus increases awards and earnings potential, providing field Associates novel incentives to promote wellness and drive growth in the network marketing profession.
Isagenix International (“Isagenix” or “the company”), a global leader in health and wellness products, has recently launched its brand-new Team Builders Bonus program, an industry-leading bonus program that allows Associates to receive additional payouts based on customer and team product orders for as long as they qualify. This innovative and successful bonus program is designed to significantly enhance Associate rewards and earnings, setting a new standard for the industry.
Since rolling out in January 2024, compared to the previous Executive Leadership Bonus program, this bonus has paid more than twice as many Associates and those earning have earned on average 27% more compared to the Executive Leadership Bonus program*. Additionally, the bonus is linked to other incentive trips, simplifying the cash and rewards someone can earn with Isagenix. In April, top performers in the Team Builder Bonus earned an additional benefit: a cruise to the Bahamas through the program’s Welcome Aboard Challenge.** This is all in addition to the company’s compensation plan.

“Isagenix is proud to offer our Team Builders Bonus program, which will allow us to better

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Isagenix Ranked As Triple AAA+ Opportunity For 2024

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In 2023, Isagenix, a leading network marketing company, achieved an estimated revenue of $400 million. Notably, the opportunity for distributors was potentially substantial, with the company shifting towards an estimated 35% commission payout, equal to the industry standard. This positive trend indicates a promising prospect but, like any business venture, would not guarantee success.
This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.
Isagenix, the global network marketing company, continues to strengthen its management team with strategic new appointments. In a recent move, the firm welcomed Simon Davies as the new Chief Financial Officer. According to the report by Business for Home, Davies brings with him a wealth of experience that will aid the company’s financial operations.
These developments contribute to the company’s ongoing strategic transformation. Isagenix has been undergoing a period of significant change, as detailed in another Business for Home report. With these steps, Isagenix is positioning itself for further growth and advancement in the network marketing sector.
Isagenix in Facts and Figures
In 2023, Isagenix, under the leadership of CEO Sharron Walsh, generated an estimated revenue of $400 million, maintaining the same revenue as the previous year. Up to

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Isagenix Appoints Simon Davies As Chief Financial Officer

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Isagenix International (“Isagenix” or “the Company”), a leader in providing nutrition solutions for weight loss, performance, and healthy aging, recently announced the appointment of Simon Davies as its Chief Financial Officer.
Bringing more than three decades of experience, Davies will drive all aspects of financial strategy for Isagenix and position the Company to capitalize on emerging growth opportunities during this transformative phase.

Mr. Davies is joining Isagenix with a proven track record in helping public and private multinational companies achieve financial and operational excellence. Holding numerous senior financial roles, his work has focused on strategic planning, systems, controls, and reporting in the wholesale and retail consumer products, distribution, travel, and direct sales industries.

In his most recent Chief Financial Officer role, Davies led an international direct sales lifestyle business through its financial restructuring process, improving the Company’s efficiency and financial performance.  Mr. Davies’ other past experience spans positions including Senior Vice President of Finance and Vice President of Accounting and International Finance.

“The expertise Simon brings to Isagenix will be indispensable as we continue our focus on long-term, sustainable growth,”

commented Sharron Walsh, Chief Executive Officer at Isagenix.

“With Simon at the helm of our financial strategy, we will be able to fully harness

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Isagenix Continues Strategic Transformation

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Enabled by New Ownership Structure and Reaffirmed Purpose
 The Company is positioned for sustainable growth, underscored by its new executive leadership team, science-backed products, and continued commitment to quality and innovation.
Isagenix International (“Isagenix” or “the Company”), a leader in providing nutrition solutions for weight loss, performance, and healthy aging, has entered a new chapter in its strategic transformation, positioning the legacy business for sustained growth in the health and wellness sector. With new strategic pillars in place, Isagenix expects to unlock a new era of growth by investing in products, talent and key business partners.
Isagenix’s Chief Executive Officer Sharron Walsh said,

“When we finalized our organizational and financial restructuring a year ago, we knew the process would yield powerful benefits for our business from the inside out, and we were right. The synergy between our new board and the leadership team is stronger than ever.
Our efforts have paved the way for Isagenix to create innovations beyond what was previously possible and confidently guide communities toward improved health and wellbeing.”

The new Isagenix Board of Directors is comprised of industry leaders with extensive experience across the financial, legal, product development, and marketing sectors, providing Isagenix with strategic direction and holistic guidance.
Isagenix is also

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Isagenix Ranked as A+ Opportunity For 2024

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This review aims to dissect the company, objectively and analytically, without promising an endorsement or promoting their business model. Isagenix was close to a worldwide revenue of $1 billion in 2017, and back to estimated $400 million in 2022.
This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home. We are looking in this review through the eyes of professional network marketers possibly interested in the Isagenix opportunity.

“For this publication and review we talked with Top Earners, former distributors, and former employees however it seems corporate executives are not willing to share any information, keeping unfortunately Fear, Uncertainty and Doubt (The FUD factor) alive.

Isagenix, has made headlines due to a series of notable corporate decisions. First is their unexpected choice not to renew Jay Bennett’s contract, a decision that sparked a flurry of industry buzz. Jay Bennett was a top earner and the “Golden Boy” in Isagenix and earned a total of more than $22 million dollars from Isagenix. He joined the company back in 2002.
Reports did not go into the specific details regarding this unusual move. Perhaps more significantly, Isagenix has undergone a transition to new ownership; it went through a

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Isagenix Elect Not To Renew An Associate Contract?

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Jay Bennett is / was a top earner and the “Golden Boy” in Isagenix and earned a total of more than $22 million dollars from Isagenix. He joined the company back in 2002.
This year Isagenix completed a recapitalisation transaction and a transition to new ownership, as the company was closed to bankruptcy.
As of May 2023, Bennett and his family own five income positions within Isagenix’s MLM opportunity. Jay Bennett has sued Isagenix over what he refers to as “The False MLM Promise”.
From an “independent” distributor point of view this is an interesting case. Can I company just throw you out?
Recently the termination policy for all Isagenix distributors was changed to:
“Isagenix may, at its reasonable discretion, elect not to renew your Associate Contract. Isagenix will notify you of its intent not to renew on or before the anniversary of your enrollment.”
Bennett and his family refused to agree with above policy and stated:
“Once an Associate works hard to achieve a high rank with the corresponding residual income, Isagenix will confiscate that income for its own pecuniary benefit.
Worse, since Isagenix cuts off the Associates income, the Associate is left without any funds to assert his or her rights, and this is what Isagenix

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Isagenix Completes Recapitalization Transaction And Transition To New Ownership

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Isagenix International (“Isagenix” or “the Company”), a leader in providing nutrition solutions for weight loss, performance, and healthy aging, is pleased to announce the completion of its recapitalization process in accordance with the terms of the Restructuring Support Agreement (“RSA”) it reached on February 27, 2023.
With the support of an Ad Hoc Group of the Company’s investors, Isagenix is now positioned to operate with a stronger financial structure, reduced debt, and additional resources, having eliminated approximately $130 million in senior secured debt and approximately $40 million of unsecured debt.
The Company has also transitioned majority ownership to a group of its investors, including

Arbour Lane Capital Management LP (“ALCM”),
Cerberus Capital Management, L.P. (“Cerberus”),
Crescent Capital Group (“Crescent”), and
Summit House Capital Management LLC (“Summit House”).

Isagenix co-founders Jim and Kathy Coover maintain minority ownership as they continue supporting the go-forward business strategy as evidenced by their contribution of $95 million in value, through the combination of newly contributed cash and their forgiveness of debt.
Pursuant to the terms of the RSA, the Company and its advisors will be forming and announcing a new Board of Directors in the coming weeks as it continues implementing the new ownership structure. The renewed Isagenix team will drive investments in innovation, digital solutions and overall wellbeing while operating with

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Isagenix Will Transition Majority Ownership To Investors

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Will transition majority ownership to marquee group of investors, eliminating debt and significantly increasing the Company’s ability to invest and grow.

Continued financial support from Coover family, who will maintain minority ownership.

Isagenix International (“Isagenix” or “the Company”), a leader in providing nutrition solutions for weight loss, performance, and healthy aging, announced today that it has reached a definitive agreement with an ad hoc group of the Company’s investors to secure the long term future of the business.
This agreement, also known as a Restructuring Support Agreement or “RSA,” marks the positive culmination of discussions between the Company and its key financial stakeholders to recapitalize and support the business, eliminating approximately $130 million in senior secured debt.
Under the terms of the RSA, the Company’s investors will take a controlling stake in the business.
The RSA also contemplates a contribution from Isagenix founders Jim and Kathy Coover, of $95 million of value through the combination of new contributed cash and the forgiveness of debt, marking their continued support for the strategy, vision, and new chapter of the Company.
Their contribution, along with an effective $130 million dollar investment via debt reduction from secured lenders, provides Isagenix with a substantial improvement in its capital position that

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Moody’s Downgrade Isagenix – Outlook Is Negative

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“Isagenix’s cash on hand of $19 million as of June 2022 is insufficient to repay the $29 million of revolver borrowings and term loan amortization of $18.8 million over the next 12 months”
“Isagenix’s governance risk is negative and reflects an aggressive financial policy as evidenced by high financial leverage, unsustainable capital structure and continued deterioration of operations.”
According to a short Isagenix press release:
Isagenix International (“Isagenix” or “the Company”), a leader in providing nutrition solutions for weight loss, performance, and healthy aging, announced today that it has entered into a forbearance agreement with an ad hoc group of the Company’s secured lenders.
This forbearance agreement is an important first step as the Company works toward a holistic solution for its secured debt on terms that will ensure Isagenix’s continued market leadership and long-term growth. Isagenix is focused on operating business as usual — both during the forbearance period and well into the future.
“We are excited to have the enthusiastic support and continued partnership of our investors as we look ahead to the future and longevity of Isagenix,”
said Isagenix Chief Executive Officer Sharron Walsh.
“We are collaborating to create a stronger financial foundation for our business, which will further enable us to invest in

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Isagenix Named One Of Arizona’s Most Admired Companies

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Isagenix International, a global health and wellness company providing nutrition and lifestyle solutions, has been selected as one of the 2018 Arizona’s Most Admired Companies by Arizona Business Magazine. There were 187 entries for the award this year, the most in its history. Isagenix was one of 55 honorees.
Arizona’s Most Admired Companies were chosen based on performance in five areas: workplace culture, leadership excellence, corporate and social responsibility, customer opinion, and innovation.
“This is the most comprehensive corporate awards program in Arizona, and due to the breadth of the areas it examines, companies who are selected join a prestigious group of employers in Arizona,” said Denise Gredler, founder and CEO of BestCompaniesAZ and co-founder of the Most Admired Companies program. “This program recognizes the wonderful contributions and impact these most admired companies bring to the state.”
Isagenix Chief Executive Officer Travis Ogden said the company is honored to receive the award.
“We strive for excellence in every area of the business, and our reputation as an exceptional health and wellness company and employer is important to us, so I’m thrilled Isagenix was named one of Arizona’s Most Admired Companies,” he said. “We thank Arizona Business Magazine and BestCompaniesAZ for this honor and congratulate all

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