USANA Health Sciences, Inc. (USNA), a manufacturer of nutritional supplements, healthy foods and personal care products, announced Wednesday the appointment of current Co-CEO, Kevin Guest, as CEO of the company, as Dave Wentz has made the personal decision to step down as Co-CEO and a Board member.
The company said it will no longer utilize a Co-CEO management structure. The USANA Board of Directors now consists of six directors, four of whom are independent.
Guest has led USANA in a variety of roles for more than 20 years, including President and most recently as Co-CEO.
Wentz said, “I am grateful for my long tenure with USANA and am proud of what we have accomplished over the past 24 years. …I am looking forward to spending more time with my family and continuing to advocate for the direct sales industry as Chairman of the Direct Selling Education Foundation.”
Kevin Guest stated that as demonstrated by the Board’s recent decision to split the stock, the company is confident that the strategies in place will help USANA achieve its long-term growth potential.