Full Press Release Details
Health Sciences Announces Appointment of J. Scott Nixon to Board of
SALT LAKE CITY--(BUSINESS WIRE)--October 5, 2017--USANA Health Sciences,
Inc. (NYSE: USNA) today announced the appointment of J. Scott Nixon to
the company's board of directors effective October 5, 2017. Mr. Nixon
joins the board as an independent director and brings a wealth of
accounting, finance, and corporate strategy expertise. The USANA board
now has eight members, five of whom are independent.
Myron W. Wentz, Ph.D., Chairman of the Board, commented, "I'm very
pleased to welcome Scott Nixon to our board. He brings significant
finance, accounting, and industry experience - with over three decades
in international and domestic audit and business advisory services
across a variety of industries, including direct selling - which will
provide tremendous value to USANA."
Mr. Nixon commented, "Having spent several years working directly with
USANA, I am very familiar with the company's business and the strong
corporate values and commitment to health and nutrition that make it a
leader in its industry. I am honored to accept a seat on the company's
board of directors and look forward to contributing to USANA's future
Mr. Nixon, a certified public accountant, retired in 2015 as a partner
with PricewaterhouseCoopers LLP ("PwC") where he spent over 31 years in
various roles including office managing partner and engagement partner
over public and private companies in many industries. His career
involved providing audit and business advisory services. Mr. Nixon was
involved in numerous complex filings with the Securities and Exchange
Commission on behalf of his clients. In 2007, Mr. Nixon returned from a
four-year assignment in S o Paulo, Brazil where he represented various
interests of the PwC global firm to the 18 member firms in South and
Central America, and led the implementation of the Sarbanes-Oxley
requirements in those countries.
Mr. Nixon serves on several boards of directors, including: (i) ProLung,
Inc., where he also serves as Chairman of the Audit Committee and a
member of the Compensation Committee; (ii) Deseret Trust Company, where
he also serves as a member of the Audit and Executive Committees; (iii)
Utah State University Board of Trustees, where he also serves as
Chairman of the Audit Committee; and (iv) two other nonprofit boards of
directors. Mr. Nixon is a National Association of Corporate Directors
(NACD) Governance Fellow, the highest standard of credentialing for
directors and governance professionals. He holds both a Bachelor of Arts
and Master of Accounting from Utah State University.
USANA develops and manufactures high-quality nutritional supplements,
healthy foods and personal care products that are sold directly to
Associates and Preferred Customers throughout the United States, Canada,
Australia, New Zealand, Hong Kong, China, Japan, Taiwan, South Korea,
Singapore, Mexico, Malaysia, the Philippines, the Netherlands, the
United Kingdom, Thailand, France, Belgium, Colombia and Indonesia. More
information on USANA can be found at www.usana.com.
USANA Health Sciences, Inc.
Richards, 801-954-7961
Dan Macuga, 801-954-7280