Amway, the $8.8 billion USD direct selling leader, announced the appointment of Nick Thole to the role of Chief Financial Officer.
As a member of the executive team, Thole will provide broad financial oversight and will be responsible for developing strategic financial objectives to ensure the company’s continued financial performance.
In this position, Thole will have direct responsibility for Amway’s balance sheet, capital structure, and the overall financial reporting and control process with broad responsibilities for Tax, Treasury, Accounting and Corporate Financial Reporting and Business Planning.
Thole previously served as Chief Financial Officer of the Company’s Europe, India and Africa region, Vice President of Internal Audit, and Vice President of Financial Planning and Analysis. He joined Amway in 2008 as Manager of Mergers and Acquisitions.
Prior to Amway, Thole worked in the capital markets as an investment banker and investor relations consultant. He has a Bachelor of Science degree in Journalism from Northwestern University and an MBA in Finance from Michigan State University.
About Amway
Amway is an $8.8 billion direct-selling business based in Ada, Michigan, USA. Top-selling brands for Amway are Nutrilite™ vitamin, mineral and dietary supplements, Artistry™ skincare and color cosmetics, eSpring™ water treatment systems and XS™ energy drinks – all sold exclusively by
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Wealth Generators Takes Over Hodo Global
by Ted Nuyten • • 0 Comments
Investview Corporation ( OTCQB : INVU ) through its wholly owned subsidiary Wealth Generators is pleased to announce that Wealth Generators and Hodo Global have combined their collective distributors and certain contractual licenses to increase sales worldwide.
Wealth Generators and Hodo have entered a contribution and exchange agreement whereby Hodo distributors and contracts will be transferred to Wealth Generators in exchange for equity ownership of Investview that will be issued to Hodo according to a product sales performance grid.
Wealth Generators has the option to add travel services to their product lineup along with exclusive usage of the RYZE.ai algorithm currently marketed by Wealth Generators as the Multiplier. The company plans to adopt the RYZE.ai product name and the combined forces of our distributors look forward to exclusive distribution for the algorithm in the network marketing sector.
“This is a powerful alliance for both Wealth Generators and the Hodo team. Our companies share a common objective and now we can move forward as one, streamlined and ready to increase our worldwide expansion,”
said Ryan Smith, Investview CEO.
The agreement will ensure that ownership is acquired and issued according to performance which will reward Hodo with great upside potential and provide Wealth Generators increased sales, expanded distribution network along with additional
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LifeVantage Appoints Kevin McMurray As General Counsel
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LifeVantage Corporation (Nasdaq:LFVN) announced today the appointment of Kevin McMurray to the position of General Counsel.
“We’re thrilled to have Kevin joining our management team,” said LifeVantage President and CEO, Darren Jensen.
“He brings a track record of success, an amazing legal mind, and a team-first philosophy to his work. He’s experienced, first-hand, the growth and evolution we’re undertaking, and I can’t think of anyone better suited to help us navigate our continued expansion.”
A veteran of the health and wellness industry, Mr. McMurray brings over 25 years of legal expertise to LifeVantage where he will be responsible for leading the legal department and serving as counsel to the board of directors, chairman of the board, and chief executive officer. Prior to joining LifeVantage, Mr. McMurray served as Assistant General Counsel at USANA Health Sciences since 2004. While at USANA, he helped implement its first distributor compliance program while playing an integral role in the company’s expansion into new international markets.
“Throughout his career, Kevin has demonstrated the well-rounded ability to understand and navigate a broad range of legal issues,”
said LifeVantage Chief Sales Officer, Justin Rose. “His industry experience combined with an uncanny ability to create innovative solutions that create real value is
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Oriflame Appoints Naveen Anand As Senior Director Regional Marketing
by Nicole Dunkley • • 0 Comments
Leading Swedish direct selling beauty brand Oriflame on Thursday appointed Naveen Anand as the Senior Director Regional Marketing South Asia.
In his new role, Naveen will spearhead the operations in India, Sri Lanka and Pakistan and will be responsible for accelerating growth and enhancing the brand equity for the Oriflame business.
The marketing veteran with two decades of experience in the direct selling business was instrumental in building Amway India’s business. Naveen has helmed key positions in Amway, and brings with him a treasure trove of valuable insights and experiences.
In his previous role as the Global Marketing Director for Brand Nutrilite, he has worked very closely with various markets such as China, Korea, Japan, Brazil, Mexico, Thailand, Malaysia and markets in Europe.
Naveen has been highly successful in rolling out mass media campaigns for various brands at Amway. During his tenure, Naveen has significantly contributed towards strengthening of global marketing brands both in Amway India as well as across the globe.
“We are delighted to welcome Naveen on board and, will be looking forward to leveraging his extensive knowledge to drive more engagement and give vision and direction to Oriflame’s business for its next level of growth in the region.
We are certain that
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Josh Paine Named CEO Of WorldVentures Holdings
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WorldVentures Holdings LLC, parent company of the travel industry’s direct-sales leader — WorldVentures, a global vacation and lifestyle club — announces the appointment of Josh Paine as chief executive officer (CEO).
Josh will oversee day-to-day strategic and operational decisions, elevate the brand, strengthen the leadership team and enhance the overall growth of WorldVentures Holdings.
“Josh has a passion for instilling organizations with a strong sense of purpose while building an award-winning culture, making him a great asset to the team.
We’re excited to add his strong leadership to our Holdings level c-suite, so please join us in welcoming Josh Paine to our One Big Team,” says WorldVentures Founder and Chief Visionary Officer Wayne Nugent.
Prior to accepting his position with WorldVentures Holdings, Josh served as CEO of Rovia, LLC, one of the entities of WorldVentures Holdings. Rovia is an industry-leading travel and lifestyle service provider offering turnkey solutions for business partners and membership-based travel companies. Additionally, he led the strategic direction of his team as managing partner for Providence Interactive Capital, LLC.
He also served as CEO and chief financial officer of CheapCaribbean.com, Inc., the No. 1 U.S. provider of beach vacations in the Caribbean and Mexico. Early in his career, he worked with
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Gold Canyon Appoints A.K. Khalil As CEO
by Ted Nuyten • • 0 Comments
Gold Canyon International, LLC , the world’s foremost expert on specialty fragranced products and styled accessories, announced today the appointment of its new President and CEO, A.K. Khalil.
A.K.’s appointment marks a strategic move by Gold Canyon’s ownership to bring on an energetic change agent, a leader, and a visionary who has 18 years of hands-on experience as a distributor, consultant and corporate executive.
“If I had one word to describe A.K., it would be pure energy,”
said John Makoff, Gold Canyon’s Managing Board Member.
“Within two minutes of being around him, you immediately begin to feel your energy and excitement being lifted. Couple that with his unique ability to create a clear vision for the future, and excellence in leadership, sales, training and marketing, and we believe Gold Canyon has literally struck gold.”
A University of Michigan graduate, A.K. has spent the last five years serving as President of what was then an early stage direct selling company. With his strategic and tactical leadership, the company soon become a top 100 direct selling company with annual revenues exceeding 100 million.
A.K.’s ability to foster leadership, bring innovative technological solutions and expand a company’s horizons into the international marketplace will be well suited for
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Thirty-One Gifts Appoints Jeff Dahl As President
by Ted Nuyten • • 0 Comments
Thirty-One Gifts has announced that Jeff Dahl has joined the company as president. At the same time, company’s founder, Cindy Monroe, will continue in her role as CEO.
“Our (former) president retired in June of 2014 … so our CEO took on that role and her title was founder, president and CEO,” said Sara West, spokeswoman for Thirty-One Gifts.
“She has developed some pretty significant, aggressive growth plans for the next three years, and so we brought (Dahl) in to help achieve those plans.”
Dahl has spent the past 12 years in the direct-selling industry, but has more than 35 years of experience working for companies including Amway, Coca-Cola and Lufthansa, according to Thirty-One Gifts.
“We’ve worked hard over the past few years to set Thirty-One on a path of long-term growth,” Monroe said in a press release.
“Jeff’s background, skill set and international experience will complement the strengths of others on our leadership team.
“With Jeff on board, I am confident we can take Thirty-One to the next level.”
Dahl was raised in Dayton and received a bachelor’s degree from Ohio State University and his MBA from the Northwestern University Kellogg School of Management.
About Thirty-One Gifts
Founder, President & CEO Cindy Monroe started Thirty-One in her basement
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doTERRA Welcomes Dr. Brannick Riggs To Its Executive Team
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doTERRA, the world’s leading global essential oils company, is pleased to announce the appointment of Dr. Brannick Riggs to its corporate administration team as vice president of healthcare initiatives and chief medical director of doTERRA’s medical clinic.
Riggs, who has served on doTERRA’s medical advisory board for five years, will continue to practice medicine while advancing the work doTERRA has already begun in research and healthcare in this newly created position.
“Dr. Riggs will lead doTERRA’s new healthcare clinic that assimilates western medicine with integrative health practices,”
said David Stirling, doTERRA founder and CEO.
“With over 15 years of medical experience, we can’t imagine someone more prepared or qualified to assist us than Dr. Riggs.
We look forward to all the good he will do for our company, our Wellness Advocates, and the future of healthcare.”
While serving on the company’s medical advisory board, Dr. Riggs made major contributions to doTERRA’s research and education initiatives.
Prior to joining doTERRA, Dr. Riggs taught as an associate professor at the University of Utah College of Medicine, practiced as a physician and partner at Revere Health, and served as Revere Health’s Medical Director of the Northern Utah Region.
He graduated from the University of Arizona College of Medicine.
While studying at
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Total Life Changes And NuCerity International Announce A Joint Venture Partnership Between Companies
by Ted Nuyten • • 0 Comments
Total Life Changes (TLC) headquartered in Fair Haven, Michigan and NuCerity International located in Houston, Texas today announce a joint venture partnership between companies.
The purpose of this agreement is to capitalize on the strengths and synergies in product offerings and operating markets of both TLC and NuCerity.
TLC is a world leader in nutritional products. Their flagship product, Iaso® Tea is a 100% herbal detox tea that has been voted the No. 1 Global Direct Selling weight loss product in a recent survey.
NuCerity is a global leader in medical-based skin care. NuCerity’s flagship product is Skincerity; the world’s only masque with Breathable Barrier® technology which seals in the body’s natural moisture to create healthy, younger looking skin. It’s been validated by numerous dermatologic research studies supported by the National Institutes of Health.
This partnership is a first in network marketing; two international companies, with combined sales approaching $250 million, coming together to market each other’s branded products globally.
“Our core competency is skin care, TLC’s core competency is health and wellness; by combining efforts we’re able to offer “instant impact” products that already enjoy a track record of sales success and a history of documented results to our respective distributors and customers,”
stated NuCerity Founders, Lonnie
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Top Earner Clif Braun Joins Wealth Generators
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Renowned Industry Trainer and 8 Figure Earner, Clif Braun joins Wealth Generators.
Clif Braun ( @clifbraun ) has joined forces with Wealth Generators both as an Independent Distributor and as Master Field Trainer.
With over 20 years of extensive leadership and training experience, Braun has made Wealth Generators his new home.
“I’ve always been fond of service-based companies, but was hesitant to join any that I’ve looked at.
I wanted to join a company with a track record, disruptive product offering, and owners with vision, passion, and integrity.
After diligently searching for a couple of years, I found Wealth Generators.” – Braun says. Wealth Generators launched in 2013 with the mission to improve the financial future of its customers through subscription-based newsletters.
That mission and product offering have expanded globally. Wealth Generators now offers multiple technology platforms and additional newsletters that provide education for the world’s financial markets.
“Two of our corporate values are honesty and transparency” says Wealth Generators CEO and Founder Ryan Smith. “We publish our results, regardless of whether we did well or could have done better. It’s important that people can count on us as Founders to set the right expectations and help cultivate a culture of integrity. Our focus is financial