Natures Sunshine Products (NASDAQ:NATRE)
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From Jun 2019 to Jun 2024
Nature's Sunshine Products, Inc. (NASDAQ:NATRE), a
leading manufacturer and marketer of encapsulated herbs and vitamins,
has appointed Stephen M. Bunker, a highly experienced financial
executive, as Vice President-Finance and Chief Financial Officer, it
was announced today by Douglas Faggioli, President and Chief Executive
Officer.
Mr. Bunker was Vice President of Finance and Treasurer of Geneva
Steel since July 2001 where he had broad accounting and financial
responsibilities. He joined Geneva's predecessor company in September
1990 as Corporate Controller. A CPA, Mr. Bunker previously was in
accounting and audit with Arthur Andersen LLP in Salt Lake City, Utah
for six years. Mr. Bunker graduated from Brigham Young University with
a Masters of Accountancy as well as a B.S., Cum Laude, in accounting.
At Nature's Sunshine, he succeeds Craig Huff, who has resigned as
Chief Financial Officer yesterday to pursue other interests. Mr. Huff
will continue to consult with the Company.
"Steve's strong background in public accountancy and his extensive
experience with a public company will greatly benefit Nature's
Sunshine, and we are very pleased to have him join our team," said Mr.
Faggioli. "Despite the recent challenges faced by our Company, we
continue to focus on its future opportunities. We know that Steve,
with his exceptional educational background and business acumen, will
serve Nature's well and that he will play an important role as we work
to resolve these issues and move forward. We wish Craig, who has been
with Nature's Sunshine for many years, well in his new endeavors."
About Nature's Sunshine
Nature's Sunshine Products manufactures and markets through direct
sales encapsulated and tableted herbal products, high quality natural
vitamins, and other complementary products. In addition to the United
States, the Company has operations in Japan, Mexico, Central America,
South Korea, Canada, Dominican Republic, Venezuela, Ecuador, Peru, the
United Kingdom and Ireland, Colombia, Brazil, Thailand, Israel,
Singapore and Taiwan. The Company also has exclusive distribution
agreements with selected companies in Argentina, Australia, Chile, New
Zealand, Norway, and the Russian Federation.
Statements in this press release concerning the Company's business
outlook or future economic performance, together with other statements
that are not historical facts, are "forward-looking statements" as
that term is defined under Federal Securities Laws. "Forward-looking
statements" are subject to risks, uncertainties and other factors,
which could cause actual results to differ materially from those set
forth in such statements. Such risks, uncertainties, and factors
include, but are not limited to, the results of Company's ongoing
internal investigation, the impact of the delisting of the Company's
common stock and failure to file periodic reports, foreign business
risks, industry cyclicality, fluctuations in customer demand and order
pattern, and changes in pricing and general economic conditions, as
well as other risks detailed in the Company's filings with the
Securities and Exchange Commission. The Company disclaims any
obligations to update any forward-looking statement as a result of
developments occurring after the date of this press release.