USANA Health Sciences Announces Retirement of Founder & Chairman, Myron W. Wentz, Ph.D., from Chairman of the Board of Direct...
19 12월 2019 - 6:15AM
Business Wire
USANA Health Sciences, Inc. (NYSE: USNA) today announced that
the Company’s founder and Chairman of the Board of Directors, Myron
W. Wentz, Ph.D., has chosen to retire from the position of Board
Chairman and director at the Company’s May 1, 2020 Annual
Shareholder Meeting. Dr. Wentz will transition to Chairman Emeritus
and be succeeded as Chairman of the Board by Kevin Guest, the
Company’s Chief Executive Officer. Mr. Guest currently serves as a
director and his appointment as Chairman is the result of a
systematic and comprehensive succession plan undertaken by the
board.
Dr. Myron Wentz, 79, founded USANA in 1992 and has served as
Chairman of the Board since that time. Under his leadership, the
Company has evolved and grown from a small, U.S. nutritional
supplement company to an international leader in cellular nutrition
with annual sales in excess of $1 billion to customers in 24
markets around the world.
Dr. Wentz said, “The pursuit of excellence in the life sciences,
health, and cellular nutrition has been my life’s work and mission.
I founded USANA 27 years ago and, since that time, USANA has been
instrumental in carrying my vision and work to the world. It has
been my great privilege to work with so many dedicated and talented
individuals to advance USANA into what it has become today – one of
the foremost leaders in cellular nutrition and product innovation.
I have complete trust and confidence in Kevin Guest, as well as our
exceptional board and management team, to continue the USANA vision
of improving the health and wellness of individuals and families
around the world. While I plan to continue offering guidance to
USANA as a major shareholder, honorary board member and scientist,
I welcome the opportunity to devote more time to my many
humanitarian pursuits and various philanthropic projects. I will be
turning 80 in 2020 and there is still so much I must do.”
Gilbert Fuller, the Company’s Audit Committee Chair and Lead
Independent Director, said, “On behalf of the Board of Directors, I
want to convey our deep appreciation to Dr. Wentz for his
extraordinary leadership and service to USANA. Guided by his
leadership and vision, USANA has become one of the most successful
health and wellness companies in the world. We look forward to
continuing his legacy and receiving guidance from him as he
transitions to Chairman Emeritus and an honorary board member.”
Kevin Guest, the Company’s Chief Executive Officer, said, “Dr.
Wentz has served and led USANA with great distinction for more than
25 years. His vision, dedication and commitment have been
immeasurable. It has been my privilege to work with and learn so
much from him. On behalf of the Company’s management team,
employees, and customers, I want to convey our sincere appreciation
to Dr. Wentz and commitment to continue carrying his vision to the
world.”
About USANA
USANA develops and manufactures high-quality nutritional
supplements, healthy foods and personal care products that are sold
directly to Associates and Preferred Customers throughout the
United States, Canada, Australia, New Zealand, Hong Kong, China,
Japan, Taiwan, South Korea, Singapore, Mexico, Malaysia, the
Philippines, the Netherlands, the United Kingdom, Thailand, France,
Belgium, Colombia, Indonesia, Germany, Spain, Romania, and Italy.
More information on USANA can be found at www.usana.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191218005688/en/
Investors contact: Patrique Richards Investor Relations (801)
954-7961 investor.relations@us.usana.com Media contact: Dan Macuga
Public Relations (801) 954-7280
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