Jonathon Lanoy to Serve as
Interim CFO
LEHI,
Utah, Sept. 6, 2022 /PRNewswire/ -- Nature's
Sunshine Products, Inc. (Nasdaq: NATR) (Nature's Sunshine), a
leading natural health and wellness company of high-quality herbal
and nutritional products, today announced the retirement from
the company of its Chief Financial Officer Joseph Baty, effective September 30, 2022. Nature's Sunshine has engaged
a leading executive search firm to find its next CFO.
Jonathan Lanoy, the company's
Corporate Controller and Vice President of Finance, will serve as
interim CFO, principal financial officer and principal accounting
officer until a full-time CFO has been appointed.
"On behalf of the entire management team, I thank Joe for his
dedication and valuable contributions during his career at Nature's
Sunshine," said CEO Terrence
Moorehead. "Joe played an important role in developing a
strong finance team and driving critical financial and operational
improvements that have put Nature's Sunshine in a position to
achieve its strategic goals. I am deeply appreciative of Joe's
service and leadership and wish him all the best."
Mr. Lanoy has been in the Company's finance department since
2008 and has served as Corporate Controller and Vice President of
Finance since February 2017. Prior to
joining Nature's Sunshine, Mr. Lanoy was with the public accounting
firm of Ernst & Young. Mr. Lanoy is a Certified Public
Accountant and holds a Masters of Professional Accountancy and a
Bachelor of Arts degree in Accounting from Weber State University.
About Nature's Sunshine Products
Nature's Sunshine Products (Nasdaq: NATR), a leading natural
health and wellness company, markets and distributes nutritional
and personal care products in more than 40 countries. Nature's
Sunshine manufactures most of its products through its own
state-of-the-art facilities to ensure its products continue to set
the standard for the highest quality, safety and efficacy on the
market today. Additional information about the company can be
obtained at its website, www.naturessunshine.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This press release contains forward-looking statements regarding
the Company's future business expectations, which are subject to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements may include, but are
not limited to, statements relating to the Company's objectives,
plans, strategies and financial results. All statements (other than
statements of historical fact) that address activities, events or
developments that the Company intends, expects, projects, believes
or anticipates will or may occur in the future are forward-looking
statements. These forward-looking statements are based on
assumptions and assessments made by management in light of their
experience and their perception of historical trends, current
conditions, expected future developments and other factors they
believe to be appropriate. Forward-looking statements are not
guarantees of future performance and are subject to risks and
uncertainties, including the risks and uncertainties set forth
under the caption "Risk Factors" in our reports filed by the
Company with the Securities and Exchange Commission, including its
Annual Report on Form 10-K and Quarterly Reports filed on Form
10-Q.
Investor Relations:
Gateway Group, Inc.
Cody Slach
1-949-574-3860
NATR@gatewayir.com
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SOURCE Nature’s Sunshine