PROVO, Utah, March 7, 2017 /PRNewswire/ -- Nu Skin
Enterprises, Inc. (NYSE: NUS) today announced the appointment of
Mark H. Lawrence as chief financial
officer, effective March 27. Lawrence
will replace Ritch Wood, who will
become the chief executive officer of the company as previously
announced. As indicated in the company's Feb. 16 press release, Truman Hunt, who has served as the company's
chief executive officer since 2003, will become the vice chairman
of the board of directors and Ryan
Napierski will become the company's president. These changes
are effective today.
"Mark brings a wealth of leadership experience and an in-depth
knowledge of finance and operations that will provide strength to
Nu Skin and our senior management team," said Wood. "In addition,
his extensive experience in leadership positions at multiple
publicly traded companies provides Mark a strong foundation to
understand and leverage the opportunities ahead for our company. We
believe he will play a key role in moving Nu Skin toward our short-
and long-term strategic goals."
About Mark
Lawrence
Lawrence brings 20 years of operational and
financial experience to the role. He recently served as the head of
finance for Amazon-Lab126, where he was responsible for the
company's global finance functions and played a key role in the
launch of several Amazon devices. In addition, he has held senior
financial leadership roles at Silicon Valley-based companies
Polycom and Brocade as well as Utah-based Vivint Smart Home.
Lawrence holds a bachelor's degree in political science from
Brigham Young University and a Master
of Business Administration from the University
of California, Davis.
About Nu Skin Enterprises, Inc.
Founded more than 30
years ago, Nu Skin Enterprises, Inc. develops and distributes
innovative consumer products, offering a comprehensive line of
premium-quality beauty and wellness solutions. The company builds
upon its scientific expertise in both skin care and nutrition to
continually develop innovative product brands that include the Nu
Skin® personal care brand, the Pharmanex®
nutrition brand, and most recently, the ageLOC®
anti-aging brand. The ageLOC brand has generated a loyal following
for such products as the ageLOC Youth nutritional supplement, the
ageLOC Me® customized skin care system, as well as the
ageLOC TR90® weight management and body shaping system.
Nu Skin sells its products through a global network of sales
leaders in Asia, the Americas,
Europe, Africa and the Pacific. As a long-standing
member of direct selling associations globally, Nu Skin is
committed to the industry's consumer guidelines that protect and
support those who sell and purchase its products through the direct
selling channel. Nu Skin is also traded on the New York Stock
Exchange under the symbol "NUS." More information is available at
nuskin.com.
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SOURCE Nu Skin Enterprises, Inc.