Take Shape For Life parent Medifast, Inc. (NYSE: MED), is bringing in a new CEO with expertise in the direct sales channel.
The wellness firm recently announced that Daniel Chard will succeed outgoing chief executive Michael MacDonald, who has led Medifast since 2012. MacDonald has served on the company’s board since 1998, and will continue in his role as Executive Chairman of the Board.
Chard, who is also joining the Medifast board, has spent the bulk of his nearly two-decade direct sales career with one of the channel’s top companies, in roles that included Executive Vice President of Distributor Success, President of Global Sales & Operations, and Europe President.
He most recently served as President and CEO of a direct selling company in the home fragrance category. Early in his career, Chard held marketing roles
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iMarketsLive Is Growing Fast
by Ted Nuyten • • 0 Comments
International Markets Live, Inc. (iMarketslive) provides a full array of retail trading products and services to a global audience for those who want to participate in the Forex & Futures Markets and has nowadays approx. 50,000 members.
In July of 2013, successful trader, Christopher Terry, took his 18 years of trading education and married it to direct sales and launched a network-marketing arm to market his educational and SAAS (Software As A Service) trading platform.
Chris had one goal in mind; to take his trading expertise and over 40 custom models and hand-deliver it to individuals around the world. Terry is most recognized for educating students on his live trade room, speaking at major trading expos and for being cited in various trading journals and exposés.
iMarketsLive has experienced some incredible bursts of momentum with the additions of what have
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Michael Hansen Named Ominto – DubLi CEO
by Ted Nuyten • • 0 Comments
Ominto, Inc. (OTC PK: OMNT), a global leader in online Cash Back shopping, announced today that Michael Hansen, the company’s Founder, will assume the role of Chief Executive Officer.
Mitch Hill, who has been serving as Interim CEO since January, will continue as an Executive Board member.
Commenting on today’s announcement, Mr. Hill stated,
“I appreciate the opportunity to have served as Ominto’s Interim CEO and I have confidence in the future growth of the company. Having completed our objectives, it is now appropriate for Michael to take on the leadership of the company.
Michael is a global leader with a deep local and cultural understanding of many key markets throughout the world, markets from which we believe much of the company’s future growth will come.”
Mr. Hansen stated,
“I look forward to this new
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200,000 Reps Join OneCoin – Macau China Event Sold Out
by Ted Nuyten • • 0 Comments
In the last couple of months more than 200,000+ new representatives joined OneCoin which brings the total base at 1.8 million distributors.
Recently OneCoin has held their China event in Macau.
The event, which took place at the Macau Fisherman’s Wharf Convention and Exhibition Center, was seen as one of the most important financial conferences in the region, explaining how OneCoin intends to become the cryptocurrency in the world and what makes the OneCoin products unique on the financial market.
OneCoin CEO and Founder Ruja Ignatova made important announcements about the company, including the new One Net Upi bank cards, issued in association with UnionPay.
UnionPay cards can be used in 141 countries and regions around the world, making it the third-largest payment network by value of transactions processed, behind Visa and MasterCard.
The company gives the possibility
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Tiens CEO Li Jinyuan Gives 2,500 Employees Surprise Trip to Spain
by Ted Nuyten • • 0 Comments
Two and half thousand Chinese workers have been enjoying the sights of Madrid after their boss stumped up $7 Million to take them on a Spanish holiday.
Li Jinyuan, the billionaire owner of direct-sales firm Tiens Group, chartered 20 planes and booked 1,650 hotel rooms for the party. After their Madrid visit, the workers will board four specially reserved high-speed trains to Barcelona.
The Chinese tourists visit the bullring in Morazarzal for a ‘bloodless’ bullfight.
On Friday morning, the Moralzarzal bullring was a sea of blue caps and selfie sticks as the group attended a “bloodless” bullfight preceded by a flamenco dancing display. The workers then enjoyed a lunch of paella and sangría.
“We chose Spain because the people are warm, friendly and passionate,” said Li Zongmin, the magnate’s son and a Tiens vice-president. “Furthermore, the
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Youngevity Q1 Revenue Up 3% To $38.2 Million
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the first quarter ended March 31, 2016.
2016 First Quarter Highlights:
Net Revenues increased 3.8% over the prior year to $38.2 million
Gross Profit increased 15.2% to $23.4 million compared to the prior year
Operating Income increased 211.0% to $1,163,000 compared to the prior year
Adjusted EBITDA increased 72.8% to $2,236,000 compared to the prior year
Gross profit as a percentage of revenues increased to 61.2% compared to 55.1% in the prior year
“The first quarter of 2016 was one of the most active and exciting quarters in the Company’s history,” stated Steve Wallach, Chief Executive Officer of Youngevity International.
He added, “We were excited
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Chris Terry – CEO iMarketsLive Interview
by Ted Nuyten • • 0 Comments
International Markets Live, Inc. (iMarketslive), based out of New York, USA bursted into the Direct Selling industry in 2013, and has nowadays approx. 50,000 members.
iMarketsLive provides a full array of retail trading products and services to a global audience for those who want to participate in the Forex & Futures Markets.
iMarketsLive has a bundled their products/services with a Network Marketing compensation plan that allows its IBO’s to earn a generous income by simply sharing their services with others and building a residual income though building a network of IBO’s and customers.
Founder & CEO, Christopher Terry is a multiple 8 figure trader and has been trading & educating in the Forex, Futures, and Equity markets since 1994. Chris has been a Headline speaker at the major derivative conferences, has been mentioned in several books and
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Glen Jensen Rejoins Agel As Group CEO
by Ted Nuyten • • 0 Comments
Glen Jensen, who founded Agel Enterprises and led it to significant global growth during its first six years, is returning to the company in the newly-created position of Group CEO.
The announcement was made today by John Rochon Jr., founder of JRJR Networks [NYSE MKT: JRJR], which acquired Agel in 2013. Mr. Rochon also serves as Agel’s chairman.
“This is a great day for Agel, an emotional homecoming and a powerful affirmation of Agel’s future,” said Mr. Rochon. “Glen passionately shares my ultimate dream of our becoming the largest direct-to-consumer company in the world by 2033. With his return to lead Agel, I believe we’ve just taken another step toward that dream.
“Glen Jensen was the heart and soul of Agel in the days when he established it as a successful business and led its
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iMarketslive Financial Problems And Company Website Off line
by Ted Nuyten • • 0 Comments
Seems iMarketslive is down the drain and not paying commissions any more, the company website has been down the last day several times.
International Markets Live (iMarketsLive), is founded in 2013 by President and CEO Christopher (Chris) Terry and based out of New York in the USA. iMarketsLive offers an educational trading platform (Forex) that provides an opportunity to enter into the trading industry and build a referral network.
According to the company 50,000+ distributors are in the company. According to insiders, Chris Terry runs the office out of hotel room.
Customer service phone number on bank statements goes to a record company in New York. Commissions haven’t been paid for the past two weeks on all parts of the compensation plan except Direct Commissions
The field is being told that customer service is
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New Avon LLC Appoints Scott White CEO
by Nicole Dunkley • • 0 Comments
New Avon LLC today announced the appointment of J. Scott White as Chief Executive Officer. Mr. White will join the company effective April 25, 2016.
Mr. White joins New Avon following its recent separation from Avon Products, Inc. and sale of majority ownership to Cerberus Capital Management, L.P.
He will work closely with the New Avon and Cerberus teams to lead a transformation of the North American business through significant improvement in the Representative and consumer experience, reinvigoration of the iconic Avon brand, and a rigorous focus on operational excellence.
Mr. White joins New Avon from Abbott Laboratories, where he most recently served as President of Abbott Nutrition International, delivering consistent revenue growth for the company’s $4 billion international nutrition business.
During his 10-year tenure at Abbott, he held a number of leadership positions, including President of Abbott Nutrition North America.