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January 03, 2017

Executive Announcements

Executive Announcements, January 2017


Click here to order the November 2016 issue in which this article appeared or click here to download it to your mobile device.


Mary Kay Promotes Moore to President of North America

At Mary Kay, longtime Chief Legal Officer and Secretary Nathan Moore is transitioning to President of Mary Kay North America.

In his new role, Moore will draw from more than two decades of experience with the beauty company, which he joined in 1995 as a staff attorney. His responsibilities have included a number of leadership positions within the legal department. Moore also is a founding member of the Mary Kay Culture Committee.

“He brings a deep and unique understanding of our business to his new position along with an unrivaled passion for celebrating the success of the Mary Kay independent salesforce,” said David Holl, Mary Kay President and CEO.

Mary Kay has tapped one of its own, Julia A. Simon, to succeed Moore as Chief Legal Officer and Corporate Secretary.

Simon’s 25-plus years of legal experience have included private law practice, including time spent at Locke Purnell Rain Harrell, as well as in-house positions for Mary Kay—most recently senior vice president, deputy general counsel and assistant secretary.

“In addition to her solid legal experience, Julia has developed a keen understanding of what our business is all about,” said Holl. “This will allow her to make an immediate impact in her new role.”


RBC Life Sciences Names Carolyn Rachaner as Marketing Chief

As it marks 25 years in business, RBC Life Sciences Inc. is appointing a new vice president to carry the company’s marketing efforts into the future.

The health supplement maker has promoted Carolyn M. Rachaner, N.D., to Vice President, Marketing and Product Development. As the daughter of company founder Clinton Howard, she brings unique insight into the mission and culture of RBC Life.

The promotion formalizes a role Rachaner has filled for several months, according to CEO Steve Brown. “She has dedicated her full-time effort and then some over the past year as we have developed new sales and marketing strategies for RBC Life.”

As vice president, Rachaner will play a key role in company-wide initiatives planned for 2017, including the launch of a new website, fresh product packaging, an expanded social media strategy and enhanced salesforce training.

Rachaner has been on staff more than 15 years, developing a number of the company’s health products and coaching customers on proper nutrition and supplementation, while also running her own nutritional consulting practice. Outside the company, Rachaner, who holds a doctorate in naturopathy, has completed more than 150 study hours in applied clinical nutrition through Parker College of Chiropractic.


Nu Skin President and CEO Truman Hunt to Exit in 2017

The man who has led Nu Skin Enterprises for nearly 14 years will step down in mid-2017.

President and CEO Truman Hunt will depart Nu Skin next year to take on a three-year leadership assignment with The Church of Jesus Christ of Latter-day Saints. At that time, Chief Financial Officer Ritch Wood will transition to CEO and Ryan Napierski, currently President of Global Sales and Operations, will take on the role
of president.

Hunt’s career with Nu Skin began in 1994, when as a young lawyer he was appointed counsel to the president. During his tenure as president and CEO, the Provo, Utah-based company has seen sales grow from $986.5 million in 2003 to a projected $2.2 billion in 2016.

“Truman has established a tremendous legacy at Nu Skin that we will continue to build upon going forward,” said Steven J. Lund, Chairman of the Board.

Lund also noted that Hunt’s successors have been integral to shaping the strategy that will guide Nu Skin into the future. 

The pair have more than four decades of combined experience with the company. Wood was promoted to finance chief in 2002, and in 2010 was recognized as CFO of the Year by Utah Business magazine. Napierski was named President of Global Sales and Operations in 2015, having spent the prior eight years leading key international markets for Nu Skin.


USANA’s Dave Wentz Steps Down, New Appointments Made

Co-CEO Dave Wentz is departing USANA Health Sciences after more than two decades with the nutrition company.

As Wentz steps down as a board member and Co-CEO, the man with whom he shared the office, Kevin Guest, will transition to CEO. 

Wentz plans to spend more time with family and continue to be a voice for direct selling companies as Chairman of the Direct Selling Education Foundation.

“USANA has always been, and will remain, a positive influence for so many lives, including my own, and I am confident in the company’s future under Kevin’s leadership,” said Wentz.

Wentz initially was named CEO in 2008, succeeding his father, Dr. Myron Wentz, who founded USANA in 1992. The younger Wentz’s tenure saw USANA through many years of record sales growth, including 2015, when revenue rose 16.2 percent to $918.5 million.

Guest has been with USANA since 2003, and previously served as Interim CEO while Wentz was on a yearlong sabbatical. Before that Guest was President.

Also Jim Brown, Chief Operations Officer since 2006, is now adding company president to his job description, and Walter Noot has been hired as Chief Information Officer. 


David Coffey to Take On Chief Digital Officer Role at LegalShield

LegalShield is making further changes to its executive team with the promotion of David Coffey as Senior Vice President, Chief Digital Officer.

Formerly the company’s Chief Media Director, Coffey has been tasked with leading a continued expansion of online marketing at the legal services provider. Digital initiatives have been front and center at LegalShield this year, with more than a dozen new technology-based products and services slated to launch.

The company’s new digital chief has 23 years of experience in media and marketing, working with clients such as Allstate, Chrysler and the U.S. Department of Homeland Security. 

For a time Coffey served as president of his own media and marketing consultancy, The Coffey Group, whose clientele included NBCUniversal’s reality show The Biggest Loser, as well as a number of national marketing agencies. Most recently, he held the title of vice president of marketing and IT with vRide, a ride sharing platform and TPG Growth portfolio company.


Avon Drafts Former SABMiller Executive as CFO

Avon Products Inc. is getting its third finance chief in the past three years with the appointment of Jamie Wilson, a former executive at brewing giant SABMiller.

The beauty company has named Wilson as Executive Vice President and Chief Financial Officer, effective Jan. 1. Avon’s current CFO and Chief Operating Officer, James Scully, will remain on board as COO through 2017, overseeing supply chain and IT. Scully joined the company from apparel chain J.Crew, where he most recently had led international expansion efforts as COO. He came on board at Avon in January 2015.

In the coming year, Scully also will continue to guide Avon’s turnaround efforts, a three-year plan that includes reducing costs and transitioning its corporate headquarters to the United Kingdom. 

Avon’s incoming CFO held the top finance job at SABMiller from 2011 to 2015. He joined the brewer in 2005, and went on to be key to the global integration of the business, as well as its $11.5 billion acquisition of Foster’s Group, now Carlton & United Brewers.

“Jamie has a proven track record of strong financial leadership over an impressive and diverse career,” said Avon CEO Sheri McCoy. 


Young Living Creates Chief Science Officer Role

Young Living Essential Oils has named its first-ever Chief Science Officer.

The company has appointed Michael Buch, Ph.D., former Senior Vice President of Research and Development and Product Management, to fill the new role. Buch joined Young Living in 2015, with nearly 30 years of experience in health and wellness. Since starting his career in quality control, he has led scientific divisions within top global companies and run advanced analytical laboratories.

At Young Living, Buch spearheaded bringing all product testing in-house as well as developing new products, including an over-the-counter category.

“Dr. Buch has taken members of an already skilled team and expanded their scientific capabilities, while enhancing the company’s ability to stay on the cutting edge of innovation,” said Jared Turner, Chief Operating Officer.