Nature’s Sunshine Merchandise, Inc. CEO Terrence Moorehead introduced he’ll step down as CEO and President. In response, the corporate has begun a complete seek for the corporate’s subsequent President and CEO and Moorehead will stay in his function till a successor has been appointed.
“On behalf of the board, I lengthen my honest gratitude to Terrence for his management of Nature’s Sunshine since 2018,” stated Heidi Wissmiller, Nature’s Sunshine Chairman of the Board. “Throughout his tenure, Terrence has guided the corporate by way of important international uncertainty, offering Nature’s Sunshine with a robust basis and setting it up for its subsequent chapter of progress. With a sturdy product portfolio, upgraded digital capabilities and a completely built-in enterprise mannequin, we’re well-positioned to speed up our journey in direction of a digitally enabled subject group and omnichannel enterprise that delivers on our model promise to shoppers and drives worth for our shareholders. We’re happy that Terrence will keep on in his function as we conduct a seek for the corporate’s subsequent CEO.”
Moorehead described his seven-year tenure with the corporate as “an unbelievable honor,” saying he was “extraordinarily proud” of the crew’s accomplishments and progress as they labored collectively to revitalize the model, spearhead digital initiatives and drive buyer progress.
Moorhead will even resign as a member of the board of administrators.
