Direct sales giant Amway has tapped an executive from Pizza Hut to serve as its next CEO.
Milind Pant, who lives in Dallas, Texas, and most recently served as president of Pizza Hut International, takes over the position on Jan. 2.
In a news release, Amway said the position is a first for the company. Previously, Steve Van Andel and Doug DeVos served as co-CEOs. Both men will now serve as co-chairs of the company’s board of directors.
Pant will oversee “overall management and leadership” of the business, which was started in 1959 by Jay Van Andel and Rich DeVos.
Amway, the world’s largest direct selling company, today announced Milind Pant as its Chief Executive Officer. Mr. Pant joins Amway from Yum! Brands where he was recently president of Pizza Hut International. Mr. Pant will report directly to and hold a seat on Amway’s Board of Directors effective January 2, 2019. This is a new position for Amway, a business that has been family run since its beginning in 1959.
“Milind brings a wealth of experience and enthusiasm to help lead Amway to even greater heights,”
Amway Chairman Steve Van Andel said.
“We’re confident his leadership and strong track record of driving growth and transformational change