NSP continues the fight to combat our competitive internet sales
NSP will offer the “buy 9, get 4 free”, etc specials less frequently. When they are offered, each account will be able to purchase only one of these. Although this may be disadvantageous to those who have retail storefronts, it will prevent the internet sellers from buying huge quantities of them and undercutting our prices when they advertise them.
Director of Training and Development for Distributors
Rebecca Trevino, a former NSP Manager and In.Form coach from Kentucky, has joined the NSP Corporate team. Coming from the field and knowing members needs, Rebecca plans to structure training events and webinars to follow a schedule so we know in advance how to plan our calendars and time commitments. Rebecca’s email is RebeccaT@natr.com.
Retiring from Nature’s Sunshine
Chairman and CEO Greg Probert will be retiring as CEO after transitioning his responsibilities to a successor to be identified by the Board of Directors. Greg will continue in his roles as CEO and chairman of the board, and as chairman will be deeply involved in the selection and on-boarding of his successor. The board of directors has engaged a leading national executive search firm to identify his successor as CEO. Upon transitioning his responsibilities to his successor, Greg will continue to serve as chairman of the company’s board. The newly appointed CEO will report directly to him.
“We are fortunate to have had Greg lead our incredible company over the last five years,” said Kristine Hughes, founder and member of the Board of Directors. Greg was appointed CEO in October 2013. He has served as executive chairman since January 2013. Prior to this, he served as executive vice chairman since June 2011, and served as an independent consultant to the company from October 2010 to June 2011.
“It has been a privilege serving Nature’s Sunshine over the last seven years, both on the board and as CEO,” Greg said. “I will remain committed to supporting our executive and governance teams to ensure we are well positioned to capitalize on all our opportunities. I look forward to continuing to serve this great company as we continue to drive value into the future.”
Dr. Matthew Tripp, Chief Scientific Officer and Executive Vice President of Research and Development for Nature’s Sunshine Products, retired on May 4. During the past five years, Dr. Tripp made many mind-blowing contributions to Nature’s Sunshine, including the founding of the Hughes Center for Research and Innovation, which under Matt’s guidance created patent-pending groundbreaking products, such as AnxiousLess and Equolibrium…all incredible products! In announcing Matt’s retirement, Greg Probert said, “I appreciate the many contributions Dr. Tripp has made over the past five years. The strong foundation Dr. Tripp has built in our R&D organization will allow us to continue our commitment to providing the highest quality, most efficacious products in the world. Please join me in thanking Matt for his incredible contributions to our company and wishing him all the best in his retirement.”
Dick & Joy consider Matt and his wife Debbie friends as well as colleagues. We will miss the personal times we shared together on I.Inspire trips and in Utah. His replacement will definitely have some big shoes to fill! We are sure you join us in wishing Matt and Debbie all the best in their next ventures.