Nu Skin Enterprises (NYSE:NUS) today announced a senior management transition plan.
Truman Hunt, who has served as the company’s president and chief executive officer since 2003, has accepted a three-year leadership assignment for The Church of Jesus Christ of Latter-day Saints beginning in mid-2017.
The Nu Skin Board of Directors has announced that Ritch Wood will become the company’s chief executive officer upon Hunt’s departure, and Ryan Napierski will become the company’s president. The company expects to name a successor to Wood as chief financial officer prior to his becoming chief executive officer.
“Truman has established a tremendous legacy at Nu Skin that we will continue to build upon going forward,” said Steven J. Lund, chairman of the board. “Through Truman’s leadership and vision, Nu Skin has achieved extraordinary success and is extremely well
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Nu Skin Expects 20,000 Attendees At Hong Kong Convention
by Ted Nuyten • • 0 Comments
As part of the company’s Greater China regional convention in Hong Kong, Nu Skin Enterprises, Inc. today announced the appointment of Andrew Fan as chairman of Nu Skin China and strategic adviser to the company’s new global opportunity innovation team. Charlene Chiang will assume the role of president of the company’s Greater China region.
The regional convention will host approximately 20,000 sales leaders and customers from Mainland China, Taiwan, Hong Kong and Macau. At the convention, sales leaders will build on the momentum created by new ageLOC® products, celebrate the success of top sales leaders in the region and discuss plans for future growth and success.
“In the weeks leading up to the event, we executed a very successful introduction of our innovative ageLOC Me skin care system and sold out of a limited
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David B. Holl Appointed Direct Selling Association Chairman
by Ramya Chandrasekaran • • 0 Comments
At its annual business meeting, Direct Selling Association today announced that David B. Holl, president and chief executive officer of Mary Kay Inc., has been named Chairman of the Board for 2015-2016. Holl succeeds M. Truman Hunt, president and chief executive officer of Nu Skin Enterprises.
“I’m pleased to accept this leadership role at a dynamic time for the American economy,” said Holl. “We have a tremendous opportunity to demonstrate the value of entrepreneurship and small business that our industry represents as part of a healthy marketplace.”
Holl joined Mary Kay Inc. in 1993 and was named chief executive officer in 2006 after several promotions. Previously, he was a Vice President at Citibank, based in New York.
“David is a force in direct selling, and we are pleased that he has accepted this position,” said Joseph N. Mariano, DSA President. “I
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Americans Go To Capitol Hill To Share Direct Selling Stories With Congress
by Tina Williams • • 0 Comments
More than 400 independent direct selling consultants representing 28 companies, 30 states, Puerto Rico and the District of Columbia met with members of Congress today during Direct Selling Associations (DSAs) second annual Direct Selling Day on Capitol Hill. Participants shared personal stories about how direct selling has helped them achieve business and personal goals to create a better life.
Direct selling empowers entrepreneurs who are building the American economy community by community, said Joseph Mariano, president of DSA. Our industry has a positive story to tell, and Direct Selling Day on Capitol Hill is a great way to explain that our people are the industrys greatest asset.
Participants from all corners of the country related how direct selling which involves the direct sale of products and services person-to-person, through home parties or online through distributor websites has provided them with personal flexibility, the opportunity to own their own businesses and the chance to achieve a variety of personal and professional goals including supplementing their income, receiving recognition for successes and promoting a product or service they stand behind.
Mariano continued, Direct sellers live and work in every state and Congressional district in the country. Its critical that policymakers understand the value that direct