Nature's Sunshine Products
#7890
Rank
$275.29M
Marketcap
United States
Country
Mr. Terrence O. Moorehead (Pres, CEO & Director)
Mr. Daniel C. Norman (Exec. VP & Pres of Asia/Pacific (APAC))
Mr. Jonathan D. Lanoy (Interim CFO, Principal Financial & Accounting officer and Corp. Controller)
Summary
History
Nature's Sunshine was founded in 1972 by Gene and Kristine Hughes, who started encapsulating capsicum in their home kitchen. The company employs a multi-level marketing business model in which their products are primarily sold to the consumer by independent distributors who receive commissions based on their own sales, as well as sign-up bonuses and commissions based upon the sales of any distributors they may have recruited.
NSP also owns Synergy Worldwide, a multi-level marketing company that also sells nutritional supplements. Products for both companies are manufactured in a production and research facility located in Spanish Fork, Utah.
In June 2021, Nature’s Sushine Products, Inc. and the David Eccles School of Business at the University of Utah partnered together to create a new scholarship. Nature’s Sushine Products, Inc. partnered with the Opportunity Scholars program to provide full-ride scholarships to underrepresented students who are the first in their family to attend college.
Mission
Vision
Key Team
Trent McCausland (Exec. Director, Head of Operations & COO)
Mr. Nathan G. Brower (Exec. VP, Gen. Counsel & Sec.)
Ms. Tracee Comstock (VP of HR)
Mr. Bryant J. Yates (Exec. VP & Pres of Europe)
Ms. Lynda Marie Hammons (Sr. VP of Global Quality & Regulatory Affairs)
Mr. Richard Zhang (Managing Director of China)
Mr. Henry Zhou (Managing Director of China for Synergy)
Recognition and Awards
References
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Mr. Terrence O. Moorehead (Pres, CEO & Director)
Mr. Daniel C. Norman (Exec. VP & Pres of Asia/Pacific (APAC))
Mr. Jonathan D. Lanoy (Interim CFO, Principal Financial & Accounting officer and Corp. Controller)