Nature’s Sunshine Products Announces CEO Change
Nature’s Sunshine Products, Inc., a leading manufacturer of high-quality herbal and nutritional supplements, recently announced that Terrence Moorehead has notified the Company’s Board of Directors (the “Board”) of his decision to step down as President and Chief Executive Officer, effective upon the appointment of a successor.
At that time, Mr. Moorehead will also resign as a member of the Board of Directors.
The Nature’s Sunshine Board has initiated a comprehensive search process, with the assistance of a nationally recognized executive search firm, to identify the Company’s next President and Chief Executive Officer.
“Serving as CEO of Nature’s Sunshine for the past nearly seven years has been an incredible honor. I am extremely proud of our team’s accomplishments and the tremendous progress we’ve made strengthening fundamentals, revitalizing the brand, spearheading digital initiatives and driving customer growth,”
said Mr. Moorehead.
“Having improved our competitiveness and built a foundation for long-term profitable growth, I am confident that Nature’s Sunshine is poised to capitalize on the large and steadily growing market opportunity that lies ahead.”
“On behalf of the Board, I extend my sincere gratitude to Terrence for his leadership of Nature’s Sunshine since 2018,”
said Heidi Wissmiller, Chairman of the Board.
“During his tenure, Terrence has guided the Company through significant global uncertainty, providing Nature’s Sunshine with a strong foundation and setting it up for its next chapter of growth.
With a robust product portfolio, upgraded digital capabilities and a fully integrated business model, we are well-positioned to accelerate our journey towards a digitally enabled field organization and omnichannel business that delivers on our brand promise to consumers and drives value for our shareholders.
We are pleased that Terrence will stay on in his role as we conduct a search for the Company’s next CEO.”
About Nature’s Sunshine Products
Nature’s Sunshine Products (Nasdaq: NATR), a leading natural health and wellness company, markets and distributes nutritional and personal care products in more than 40 countries. Nature’s Sunshine manufactures most of its products through its own state-of-the-art facilities to ensure its products continue to set the standard for the highest quality, safety, and efficacy on the market today.
Get more information, facts and figures about Nature's Sunshine, click here for the Nature's Sunshine overview.
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