November 08, 2017
Isagenix’s Jim Coover Receives CEO of the Year Award
Jim Coover, Co-Founder and CEO of Isagenix International, was recently honored at the 2017 Arizona Corporate Excellence (ACE) Awards as the 2017 CEO of the Year. The event is held by the Phoenix Business Journal.
“I am extremely honored to accept this award on behalf of the entire Isagenix family,” said Coover. “We are so proud to be part of this outstanding community, and I can’t think of a better place to have our global headquarters than here in Arizona. It means so much to me to receive this amazing honor from a business community that I respect so much.”
Upon receiving the award, Coover offered this advice to entrepreneurs: “Dream big, surround yourself with great people and execute with integrity.”
Isagenix, based in Gilbert, Arizona, was also recognized at the ACE event as a Top Private Arizona company, ranking No. 4 on the annual list. The awards program recognizes companies based on their overall revenue and revenue growth.
Isagenix was also recently recognized as a 2017 Inc. 5000 Fastest Growing Company for the 11th consecutive year. It is one of 120 Arizona companies included and one of only four Arizona companies that has made the list for more than 10 consecutive years.
Coover has successfully led several companies, serving more than 7 million customers and exceeding $1 billion in sales. In 2001, he and his wife, Kathy, co-founded Isagenix in pursuit of a vision to impact world health and free people from physical and financial pain. Along with their son, Erik, and management team, the couple remains actively involved in the day-to-day operations in 15 markets across the globe.
In 15 years, Coover has led Isagenix to cumulative revenue of more than $5 billion. Annual revenue for 2017 is expected to reach $1 billion, and the company goal is to reach $2 billion in annual sales by 2020. According to ASU’s Seidman Research Institute, the company had a $1.5 billion impact on the 2016 U.S. economy and over $1.1 billion in labor income, supporting 13,444 jobs.
The Phoenix Business Journal’s list recognizes top companies in a variety of industries. The publication has recently recognized Isagenix as a largest Corporate Philanthropist, a top Family-Owned Business and a Healthiest Employer.