OneCoin announced today that Pierre Arens has been appointed as Chief Executive Officer, effective March the 15th, 2017.
“Our new CEO, Pierre Arens, is going to take OneCoin to the next stage of its growth.
His experience in senior management roles in banking, international finance and capital markets, combined with his passion for successfully achieving ambitious goals, make him the right leader to assume the CEO role at OneCoin – a company dedicated to remaining at the forefront of a rapidly developing industry. “
“Pierre is entrepreneurially driven. What is more, Pierre’s natural leadership skill and abilities in managing and being part of a team make him an extraordinarily good fit for a global, innovative company like OneCoin”,
said Dr. Ruja Ignatova, the Founder and Visionary behind OneCoin.
Pierre holds extensive industry knowledge with over 25 years of experience in senior roles in banking and corporate finance. Prior to joining OneCoin, Pierre filled various roles from bank CEO to Managing Director Credit Structuring, Treasury & Financial Markets at Banque Internationale a? Luxembourg (BIL).
Pierre holds an MBA in Finance from Sacred Heart University, Connecticut, and a Master’s from Universite? Paris Sorbonne. He is fluent in his native Luxembourgish as well English, German, French and Italian.
“I’m
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Top CEO Al Bala Speaker At The European Direct Selling Congress
by Ted Nuyten • • 0 Comments
Alfredo (Al) Bala is since 2015 CEO of a leading $200 million public listed Direct Selling Company.
He has been a key contributor to bringing the company back to profitability.
Al Bala has 35 years of experience working in the direct sales industry, with 28 of those spent as a field sales leader. He joined his company in 2007 and rapidly increased his responsibilities at the company, ascending to the position of President in June of 2014.
Al also played a crucial role in his company expansion into 15 countries since 2007, including South Africa, Mexico, Scandinavia and soon, Colombia.
Al Bala served for 16 years as Chief Operating Officer of Britt Worldwide, LLC, one of the largest independent network marketing organizations, launching operations in over 65 countries across the globe with a
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Legal Shield CEO Jeff Bell Open Letter To The FTC On Pyramid Schemes
by Ted Nuyten • • 0 Comments
Jeff Bell is CEO of LegalShield, an USA based leading provider of affordable legal plans and identity theft solutions for individuals, families and small businesses, serving more than 4.2 million people across North America.
He has send the next open letter to the FTC:
When Federal Trade Commission Chairwoman Edith Ramirez steps down in a few days, we will remember her speech at the Direct Selling Association’s Business and Policy Conference in Washington last October, where she clearly laid out what it means to be operating a pyramid scheme.
Her remarks were important, and they were necessary. Because the Direct Selling Association (DSA) can’t seem to enforce the ethical codes and standards it created, the FTC had to step in to clean house. While some companies, such as LegalShield, embrace network marketing as a powerful
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How Rick Goings Went From Dirt Poor To The CEO Of Tupperware
by Ted Nuyten • • 0 Comments
As CEO of Tupperware Brands, Rick Goings is a highly successful man. Now 71, he manages a company with more than $2 billion in annual sales and over 10,000 employees, and he is the organizer-in-chief of the iconic Tupperware parties.
But it wasn’t always that way. At 17, just as he finished high school, Goings’ life looked as though it wasn’t going anywhere great, he told me for my recently published book “Before I Was CEO.”
Due to a “troublesome situation at home,” he was living in a rooming house in Wheaton, Illinois, and sleeping in a chair that could be turned into a bed. College wasn’t on the radar: He simply couldn’t afford it.
Instead, Goings was going door to door in Wheaton and other Chicago suburbs selling Grolier Society encyclopedias. At least that
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Buyezee Indonesia Pre-Launch Scheduled For February 2017
by Ted Nuyten • • 0 Comments
Buyezee Indonesia presents a fantastic opportunity for e-commerce among the other emerging Asian economies, with current projections putting the nations e-market at a staggering 130 Billion by 2020 (coming third behind China and India).
With an estimated annual growth rate exceeding 50% annually, retailers and e-marketers have a unique opportunity to develop rapidly.
With a population of over 250 million of which 40% are now connected online, this, combined with Indonesia acceptance and hunger for direct sales opportunities is already proving an amazing strategic expansion for Buyezee.
Antony Spear – Buyezee COO, commented:
“Buyezee business model is perfectly positioned for explosive growth in this vibrant marketplace with our abilty to connect retailers to consumers on our global marketplace.
The opportunity is further enhanced with our digital advertising platform – which will be welcomed by a country
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Daren Hogge Appoints As CEO Genesis Pure
by Ted Nuyten • • 0 Comments
Genesis PURE, a leading innovator of naturally sourced supplements, announced the return of two original leaders as part of the company’s continued dedication to support Genesis PURE Independent Business Owners. Genesis PURE will build upon their solid foundation based on a combined experience of over 50 years.
Mr. Daren Hogge joins Genesis PURE as Chief Executive Officer. In his 29 years in the network marketing industry, Daren has built a reputation as a dynamic leader with the ability to turn vision into reality. He was previously CEO of GoYin at the time that it merged with Genesis PURE in 2008. He then led the Genesis PURE team as President until 2012 when he stepped away.
“It’s great to get back to the company and products I love so much. Taking a step away in 2012 was
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USANA Co-CEO Dave Wentz Steps Down – Kevin Guest Appointed As CEO
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) today announced a CEO transition plan. Dave Wentz has made the personal decision to step down as Co-CEO and a member of the Board of Directors of the Company.
The Board of Directors has appointed current Co-CEO, Kevin Guest, as CEO of the Company.
The Company will no longer utilize a Co-CEO management structure. The USANA Board of Directors now consists of six directors, four of whom are independent.
Commenting on his transition, Mr. Wentz said, “I am grateful for my long tenure with USANA and am proud of what we have accomplished over the past 24 years. USANA has always been, and will remain, a positive influence for so many lives, including my own, and I am confident in the company’s future under Kevin’s leadership.
I
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Oriflame Q3 Sales Up 6% To €278.9 Million
by Ted Nuyten • • 0 Comments
CEO Magnus Brännström comments:
“We are pleased to report yet another quarter of Euro and local currency growth with healthy improvements in profitability.
The strong performance in Asia & Turkey and Latin America continued, while in the CIS the focus remains on returning to sustainable growth and improving margins. The success from our online leaders and the sales of Skin Care and Wellness sets and routines reached new levels, serving as important drivers of the growth.
The local currency sales development in the fourth quarter-to-date reflects slightly tougher comparables in the beginning of the quarter as well as volatility in some markets. We have a solid strategy, a strong financial position with low debt levels and a business model proven to meet challenging market conditions and changing environments.”
3 months ended 30 September 2016
Local currency sales
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Wor(l)d Global Network Archieve Success In Thailand
by Ted Nuyten • • 0 Comments
According to a World Global Network press release:
Wor(l)d has only been operating in Thailand for 6 months, and we can already count it as a huge success.
Thailand, opened by Chanida and Nat Puranaputra, has been the main door for the Asian market. Chanida and Nat are both Global Master Distributors and Double President Millionaires in Wor(l)d.
Thanks to its outstanding products and services, Wor(l)d has experienced a huge success bringing people to the top of network marketing in just a few short months.
Thailand is the first country to have a Double President Millionaire and also a new President Millionaire and so far, more than 20,000 people have started their Wor(l)d business, and many of them are already achieving incredible things.
The numbers continue to climb, with 3 earning the rank of Double President, 9
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Herbalife CEO Michael Johnson To Step Down Next Year
by Ted Nuyten • • 0 Comments
Herbalife Nutrition Announces CEO Transition Plan, chairman and CEO Michael Johnson to Become Executive Chairman Effective June 1, 2017, COO Richard Goudis to Succeed Johnson as CEO.
Global nutrition company Herbalife Ltd. announced that consistent with the Company’s planned succession strategy, Michael O. Johnson, Herbalife Nutrition’s chief executive officer (CEO) since 2003 and chairman since 2007, will transition to the role of executive chairman of the Company, effective June 1, 2017.
At that time, Richard P. Goudis, currently chief operating officer (COO), will succeed Mr. Johnson as CEO.
Herbalife Nutrition’s chief operating officer, Richard P. Goudis (Right in picture) will become CEO of Herbalife Nutrition when current chairman and CEO, Michael O. Johnson (Left in picture) transitions to executive chairman on June 1, 2017 (Photo: Business Wire)
“Over the past 13 years, Michael’s incredible vision,