LifeVantage Corporation (Nasdaq:LFVN), has announced the hiring of Ann-Celeste Billings as Vice President of Marketing, Calli Mott as Vice President of Sales Administration, and John Genna as Vice President of Public Relations and Corporate Partnerships.
Ms. Billings has 18 years of global network marketing experience, has created numerous successful global brands and launched more than 200 products during her career. She has held senior management positions at NuSkin, Morinda Inc., and USANA, and has fostered an environment of complete alignment towards achieving strategic sales goals.
Ms. Mott also brings global network marketing experience to LifeVantage. She has worked for the past eight years at MonaVie in significant roles in customer service, global expansion, business development, sales and nearly every facet of distributor-facing roles. Her extensive experience in North America and multiple markets in Asia will be a tremendous asset to all strategic sales initiatives for LifeVantage.
Mr. Genna has been with LifeVantage since August of 2012, most recently as Vice President of Marketing and Communications. He has more than 20 years experience in marketing, communications, public relations and sports management roles. His new role allows Mr. Genna to focus on driving public awareness for LifeVantage, maximizing the jersey-front sponsorship of Real Salt
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LifeVantage Launches Training For Young Millenial Entrepreneurs
by Tina Williams • • 0 Comments
LifeVantage Corporation LFVN, is hosting its first-ever exclusive 3-day Rules of Engagement seminar designed to teach, train and mentor their young entrepreneur Distributors. The most important purpose of this historic seminar is to welcome the young members of the millennial generation as they embrace the business opportunity, products and positioning of LifeVantage in unprecedented numbers.
These young entrepreneurs are laying a foundation of success and this seminar is designed to give them the necessary tools to establish a strong business career. The event is currently taking place at The Flamingo Hotel and Casino on the famous Las Vegas strip. The educational mentoring sessions are being hosted by some of the most successful young entrepreneurs already within the Elite Ranks of LifeVantage Distributors.
“Our main objective for hosting this event is to have our Distributors gain insights into the energy, passion and drive that fuel these incredible young men and women,” said Dave Phelps, Chief Sales Officer at LifeVantage. “Millennials have vast networks of friends that are connected and driven to achieve their dreams in unconventional ways and LifeVantage is the perfect vehicle where they can learn significant business skills to help them achieve life-long Freedom.”
LifeVantage President and Chief Executive Officer Douglas C.
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LifeVantage Announces 4th Quarter Results – Up 8%+ to 56 Million
by Tina Williams • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN), a company dedicated to helping people achieve healthy living through a combination of a compelling business opportunity and scientifically validated products, today reported financial results for its fourth quarter and full fiscal year ended June 30, 2014.
Fourth Quarter Fiscal 2014 Highlights:
Revenue was $56.0 million, an increase of 8.8% over the prior year period;
Revenue increased in the Americas by 12.3% compared to the prior year period;
Operating income was $4.8 million and net income was $2.4 million; and
Successfully launched the TrueScienceTM Skin Care Regimen.
Full Year Fiscal 2014 Highlights:
Revenue was $214.0 million, an increase of 2.8% over the prior year;
Revenue increased in the Americas by 6.1% over the prior year;
Operating income was $19.5 million and net income was $11.4 million;
Cash from operations grew 13.5%; ended the fiscal year with cash of $20.4 million;
Repurchased $46.2 million in shares and reduced long-term debt by $16.2 million; and
Began Real Salt Lake Major League Soccer marketing sponsorship.
Douglas C. Robinson, President and Chief Executive Officer of LifeVantage, stated, “We are pleased to report revenue growth for the fourth quarter and full fiscal year. Our sales results reflect reignited growth in North America, partially offset by lower sales in Japan caused by continued distractions. We were successful in leveraging our general and administrative infrastructure while making important investments in sales and marketing, product development and geographic expansion initiatives. Throughout fiscal year