LEHI, Utah, July 1, 2016 /PRNewswire/ — Young Living Essential Oils, LC, the largest essential oil company in the world, today announced Janay Standifird was appointed as its new Chief Financial Officer. After completing a national search, Standifird was chosen by the Young Living Board of Directors to replace Kevin Pace, who retires on July 15.
“Janay stands out among the most seasoned professionals and inspires everyone, especially women in the workforce, to reach their goals,” said Mary Young, Young Living Chief Executive Officer. “We thank Kevin for his diligent service to our members and the company and are pleased to have a professional of Janay’s caliber take over the company’s finances.”
Standifird joined Young Living in 2012 as controller and most recently held the role of Senior Vice President, Global Controller and Finance, where she oversaw all global accounting for the company. She brings almost two decades of business experience and competence to Young Living, with more than 10 years in the direct selling industry. Her knowledge of global financial systems and internal controls, global business strategies, building world class teams, and risk mitigation will continue to be a great asset to the company.
In addition to her technical and business competence, Standifird is a sought-after mentor and loves working with individuals and teams. She is a leader who seeks all perspectives before making critical business decisions. “Janay is an inspiring leader and accepts nothing less than excellence from herself and her team,” said Jared Turner, Young Living Chief Operating Officer. “I am honored to have her join the executive team and look forward to the strength and leadership she will bring to the role.”
Pace joined Young Living in 2012 as well, and over the past four years, he helped guide the company to new financial heights. In addition to the Finance department, he oversaw human resources as well. As a core member of the executive team, he has consistently provided strategic financial guidance and valued leadership to the company.
“Janay is one of the most talented and dedicated professionals I have worked with in my 38 years of business experience,” said Pace. “She is a consummate professional and ready to take Young Living to the next level. I am proud to entrust the CFO stewardship to Janay as I move on to the next phase of my life.”