Gregory L. Probert Appointed Chief Executive Officer of Nature's Sunshine
LEHI, Utah, Oct. 2, 2013 (GLOBE NEWSWIRE) -- Nature's Sunshine Products, Inc.
(Nasdaq:NATR), a leading natural health and wellness company engaged in the
manufacture and direct selling of nutritional and personal care products,
today announced that its Board of Directors has appointed Gregory L. Probert
as Chief Executive Officer. Mr. Probert will continue as Chairman of the
Board. Willem Mesdag, who has served on the board since 2009 and was
previously the chair of the Audit Committee, will continue as Lead Independent
Mr. Probert has led the Company as Interim Chief Executive Officer since April
1, 2013. Additionally, he has served as Executive Chairman of the Board since
January 2013 and as Executive Vice Chairman of the Board since June
2011.Prior to his election as Executive Vice Chairman, Mr. Probert was an
independent consultant to the Company since 2010.Previously, he was Chairman
of the Board and Chief Executive Officer of Penta Water Company, President and
Chief Operating Officer of Herbalife International of America, Chief Executive
Officer of DMX Music and Executive Vice President of Worldwide Home
Entertainment at the Walt Disney Company.
"Greg provides the vision, leadership and experience necessary to guide
Nature's Sunshine Products through its next phase of growth," said Kristine F.
Hughes, Co-Founder and Vice Chairman of the Board. "He is extremely
knowledgeable about our company and has guided the formation of our world
class management team, aligned messaging among our Distributor and employee
base, developed long term growth strategies and is building the infrastructure
upon which we can grow in the years ahead."Ms. Hughes continued, "The Board
is confident Greg is the right person at the right time to lead Nature's
Sunshine Products into its next phase of profitable growth."
"The opportunities to drive growth and continue to improve operational
excellence at Nature's Sunshine Products are exciting," said Gregory L.
Probert, Chairman and Chief Executive Officer. "Our best-in-class product
lines and reputation for the highest quality products sold through our
multi-faceted Distributor base enables us to help improve the lives of our
customers and Distributors around the globe," continued Mr. Probert."Our
ongoing investments in the business positions us well to capitalize on the
expanding global opportunity in health and wellness and I look forward to
continuing to build upon our history of helping people live healthier and
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 through a global direct sales force of over 340,000 active
independent Managers, Distributors and customers 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. The
Company has three reportable business segments that are divided based on the
characteristics of their Distributor base, similarities in compensation plans,
as well as the internal organization of NSP's officers and their
responsibilities (NSP Americas, Asia Pacific and Europe; NSP Russia, Central
and Eastern Europe; and Synergy WorldWide). The Company also supports health
and wellness for children around the world through its partnership with the
Little Heroes Foundation.Additional information about the Company can be
obtained at its website, www.natr.com.
CONTACT: Steve M. Bunker
Chief Financial Officer
Nature's Sunshine Products, Inc.
Lehi, Utah 84043
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