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March 01, 2017

Executive Announcements

Executive Announcements, March 2017


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


LegalShield CEO Recognized, New VP Announced

LegalShield CEO Jeff Bell is joining the ranks of CIOs, CTOs and other executives on the Forbes Technology Council.

Forbes Councils are invite-only communities that offer access to resources and other council members, as well as the chance to contribute thought leadership articles to Forbes.com.

“We are honored to welcome Jeff Bell into the community,” said Scott Gerber, Founder of Forbes Councils. “Our mission with Forbes Councils is to curate successful professionals from every industry, creating a vetted, social capital-driven network that helps every member make an even greater impact on the business world.”

Since taking on leadership of LegalShield in August 2014, Bell has made technology a priority
for the company. He compares the business, leveraging technology to sell subscription-based legal plans, to the sort of disruptive model that gave rise to the YouEconomy.

LegalShield also has hired Jacob Varghese as Vice President and as General Manager for the company’s planned startup offering, Launch, which will be introduced later this year.

Launch will help entrepreneurs navigate the legal side of starting a business with a mobile app that guides them through the incorporation process and provides on-demand legal services.

Varghese will bring working knowledge to that effort, having spent the past 11 years with LegalZoom, a web-based provider of legal services. Formerly, Varghese practiced law in Iowa.


USANA Fills Field Development Chief, Executive VP roles

USANA Health Sciences has announced three promotions to its senior management team.

The wellness firm, which recently said annual sales topped $1 billion for the first time in 2016, has tapped David Mulham, former Executive Vice President of the Americas, Pacific and Europe, for the role of chief field development officer. Since coming on board in 2009, Mulham has been key to developing new regions for the Salt Lake City-based company.

Additionally, Brent Neidig, former Vice President of China Strategic Development, has been named executive vice president of China, the company’s fastest-growing market.

Before transitioning to the China business, Neidig led the company’s ethics and education team. In his new role, he will continue to manage USANA’s China subsidiary, Babycare, and help to expand USANA’s presence in the market.

The company’s final appointment is Josh Foukas, former Vice President of Legal, who is taking on the role of executive vice president of legal.

Previously, Foukas worked with the company’s finance department, overseeing public reporting, investor relations and business development.


LifeVantage Names Gary Koos Interim CFO

LifeVantage is bringing in an interim chief financial officer as it seeks a candidate to fill the position.

Company officials said for the time being Gary Koos will take on the position formerly held by Mark Jaggi. Koos brings a wide range of experience to the role, which will include implementation of new processes across international markets. Last year, company accountants raised concerns about certain international sales policies and associated taxes and tariffs. A resulting independent audit identified gaps in internal processes, which the company has moved to correct. Pending the ongoing review LifeVantage delayed reporting for 2016 and the first quarter of fiscal 2017.

“In addition to his international financial expertise and leadership capabilities, Gary’s extensive operational skills and experience establishing enterprise-wide policies and controls will be vital as we continue to focus on creating value for our shareholders,” said Darren Jensen, LifeVantage President and CEO.

Koos hails from Comet Technologies USA, where he served as head of finance for the company’s Plasma Control Technologies division. His previous roles included president, CEO and CFO of Worldwide Energy and Manufacturing USA Inc., where he led a financial and operational restructuring for the publicly traded company.


ForeverGreen Makes Top-Level Appointments in Leadership Suite

Two executives at ForeverGreen Worldwide are expanding their roles with the wellness company, while others are being promoted.

Former Chief Sales Officer Rick Redford has been named Chief Operating Officer, a role that will include continued oversight of the company’s sales strategy in North America and Southeast Asia. Additionally, Jorge Alvarado, Chief Marketing Officer, is taking on the responsibilities of company president.

“I’m fully confident in these two great executives,” said Ron Williams, CEO of ForeverGreen. “Their leadership will allow me more quality time with our field leaders in growing and developing the business.”

Redford’s background in manufacturing, sales, marketing and international expansion includes 25 years in the direct sales channel. Alvarado likewise has spent more than
two decades working with direct selling firms.
He has a background in marketing and communications, and is fluent in both English and Spanish.

The health-products maker also has tapped Shane Manwaring, formerly Vice President of Legal, to serve as General Counsel. Manwaring has spent nearly a decade in the legal field, both in domestic and international postings.

The position of CIO has been filled by Dan Eastman, whose background in IT and project management has included multiple direct sales organizations. Most recently, he served as Vice President of Information Technology at ForeverGreen.


MONAT Global Taps Linda Lucas Padilla as CMO

A new chief marketing officer, Linda Lucas Padilla, is joining the team at haircare brand MONAT Global.

Padilla is no stranger to the direct sales channel, having held top marketing posts with multiple companies. Her past roles have included vice president of marketing, global marketing officer and senior vice president of global sales and marketing. In this last position, she was integral to establishing a footprint in the Greater China and Asia Pacific regions.

“We are confident that Linda’s deep well of marketing knowledge and her record achievements in setting new benchmarks in innovative product development, as well as creative promotional and incentive strategies, will make a strong impact on MONAT operations,” company President Stuart MacMillan said in a news release.

MONAT got its start in 2014 and, as a wholly owned subsidiary of Alcora Corp., is part of a multimillion-dollar global enterprise. Alcora’s holdings also include L’EUDINE, a direct seller of beauty and wellness products primarily focused on Latin America. Florida-based MONAT sells premium, “anti-aging” hair care that targets the actual causes of hair loss and aging. The company takes a social marketing approach to sharing its products.

“I look forward to working with this impressive organization as we help thousands of entrepreneurs transform their lives through MONAT’s proprietary products and generous opportunity,” said Padilla.


WIN Worldwide Adds Director of Field Development

WIN Worldwide is bringing in a director of field development to support the nutrition company’s Brand Partners.

Direct sales veteran Ricky Frank has been tapped to fill the role, which will focus on Brand Partner communications, training and events, both in existing markets and with an eye toward international expansion.

In the past three decades, Frank has worked with a number of direct selling companies as a top independent distributor, managing sales teams of thousands, but in recent years he has transitioned to consulting for a variety of companies. Outside the channel, Frank has worked with multiple Fortune 500 companies.

“We are pleased to have Ricky join us,” Ralph Oats, who co-founded WIN with his wife, Cathy, said in a news release. “His training and emphasis on personal development aligns perfectly with the vision Cathy and I have to make WIN Worldwide into a billion-dollar company.”

WIN is currently building upon a company-wide rebranding and all-new product line introduced in 2015. Formerly known as Wellness International Network, the Texas-based firm rolled out a wellness line centered on Daily Lift, a powdered-drink mix containing 59 superfoods. At its recent Lift Experience event, the company also unveiled a new digital initiative to help Brand Partners boost productivity.