Nu Skin CEO Recognized as One of Utah’s Most Influential People – Press Release
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NU SKIN CEO RECOGNIZED AS ONE OF UTAH’S MOST INFLUENTIAL PEOPLE
PROVO, Utah—Feb. 2, 2011—Nu Skin President and Chief Executive Officer Truman Hunt was named one of the 100 Most Influential People by Utah Business magazine. Those named to the list are identified by an independent community board and are considered top decision makers who are key players in the state’s economic and social climate. Hunt was named alongside Sen. Orrin Hatch and Jon Huntsman, Sr., noted philanthropist and founder of Huntsman Corporation.
“Truman is an invaluable leader at Nu Skin and highly deserving of this recognition,” said Blake Roney, Nu Skin co-founder and chairman. “Since taking the helm of Nu Skin as CEO in 2003, he has led the company to surpass $1.5 billion in annual revenue, led international expansion efforts and developed an innovative culture that has developed breakthrough anti-aging products. Yet Truman’s influence also goes far beyond company spreadsheets as he embodies and fosters a ‘force for good’ culture that is improving hundreds of thousands of lives every day.”
Under Hunt’s leadership, Nu Skin has generated three straight years of record-breaking revenue, including record-breaking annual revenue of $1.54 billion in 2010, a 15 percent improvement over the prior year. 2010 was also highlighted by the company’s biggest product launch in history with ageLOC Transformation daily skin care; creating Nu Skin’s 700th career million-dollar earner; and reaching the milestone of more than 200 million meals donated through the company’s Nourish the Children initiative.
In addition, Nu Skin was recognized by Forbes as one of “100 Most Trustworthy Companies” and in 2009 stock price increased more than 150 percent. Nu Skin has also been recognized by Utah Business as one of the “Best Companies to Work For” for two years in a row.
Hunt has also been active in direct selling industry associations and as former president of the World Federation of Direct Selling Associations has done much to elevate the status of direct selling companies around the world and ethical practices within member companies.
About the Award
Every three years for the past decade, Utah Business magazine has highlighted 100 business and community leaders as the most influential in the state. Utah Business magazine consulted a community panel to determine a list of entrepreneurs, non-profit leaders, artists, politicians, university presidents and others who are working to create a robust economy and a better quality of life for Utah to determine who the top 100 influential people were.
About Nu Skin Enterprises, Inc.
Nu Skin Enterprises, Inc. demonstrates its tradition of innovation through its comprehensive anti-aging product portfolio, independent business opportunity and corporate social responsibility initiatives. The company’s scientific leadership in both skin care and nutrition has established Nu Skin as a premier anti-aging company, evidenced in its unique ageLOC™ science that addresses aging at its source. The company’s anti-aging products feature the new ageLOC suite of products including the ageLOC Transformation daily skin care system, ageLOC Future Serum and the ageLOC Edition Galvanic Spa® System II, as well as the ageLOC Vitality nutritional supplement. A global direct selling company, Nu Skin operates in 51 markets worldwide and has nearly 800,000 independent distributors. Nu Skin is traded on the New York Stock Exchange under the symbol “NUS.” More information is available at http://www.nuskin.com.