07.02.23
Ada, MI
www.amway.com
Sales: $3.2 billion
Key Personnel: Milind Pant, chief executive officer; Michael Nelson, chief operating & chief people officer; Asha Gupta, regional president, Asia & chief strategy & corporate development officer; Anouchah Sanei, chief innovation & science officer; Becky Smith, chief financial officer; John Parker, chief sales officer & regional president West; Peter Strydom, chief marketing officer; Ashish Khan, chief technology & platform officer; Frances Yu, president, Amway China
Major Products: Beauty & Personal Care—Artistry, Artistry Studio, Satinique, G&H, Glister; Home Care—Amway Home and Legacy of Clean
New Products: Skin Care—Artistry Clean beauty products, Artistry Studio Eye Look Energized; G&H body lotions and washes, hand soaps and baby care products; Oral Care—Glister 3-Step oral care system
Comments: Corporate sales fell 9% last year to $8.1 billion. Despite the decline, Amway remains the largest company in the global direct selling industry.
CEO Milind Pant blamed a strong US dollar, the sale of an affiliated nutritional supplement company (Alticor) and the withdrawal from Ukraine. Despite the decline, Amway is completing the $35 million expansion of its Spaulding manufacturing facility in Ada. The facility produces beauty and nutritional products.
In May, for the first time in company history, four Artistry Skin Nutrition products earned The Skin Cancer Foundation Seal of Recommendation. The four products are: Hydrating Day Lotion SPF 30, Balancing Matte Day Lotion SPF 30, Renewing Reactivation Day Lotion SPF 30 and Renewing Reactivation Day Cream SPF 30.
Last month, Amway’s John Parker, chief sales officer & regional president West, received the Direct Selling Association’s Bravo Excellence Award. It recognizes executives with a long history of leadership, excellence and integrity. Parker began his Amway career in 1993 in an entry level customer service role. During his 30+ year career, he rose to a small regional role, to president of Amway Japan, to his current role.
www.amway.com
Sales: $3.2 billion
Key Personnel: Milind Pant, chief executive officer; Michael Nelson, chief operating & chief people officer; Asha Gupta, regional president, Asia & chief strategy & corporate development officer; Anouchah Sanei, chief innovation & science officer; Becky Smith, chief financial officer; John Parker, chief sales officer & regional president West; Peter Strydom, chief marketing officer; Ashish Khan, chief technology & platform officer; Frances Yu, president, Amway China
Major Products: Beauty & Personal Care—Artistry, Artistry Studio, Satinique, G&H, Glister; Home Care—Amway Home and Legacy of Clean
New Products: Skin Care—Artistry Clean beauty products, Artistry Studio Eye Look Energized; G&H body lotions and washes, hand soaps and baby care products; Oral Care—Glister 3-Step oral care system
Comments: Corporate sales fell 9% last year to $8.1 billion. Despite the decline, Amway remains the largest company in the global direct selling industry.
CEO Milind Pant blamed a strong US dollar, the sale of an affiliated nutritional supplement company (Alticor) and the withdrawal from Ukraine. Despite the decline, Amway is completing the $35 million expansion of its Spaulding manufacturing facility in Ada. The facility produces beauty and nutritional products.
In May, for the first time in company history, four Artistry Skin Nutrition products earned The Skin Cancer Foundation Seal of Recommendation. The four products are: Hydrating Day Lotion SPF 30, Balancing Matte Day Lotion SPF 30, Renewing Reactivation Day Lotion SPF 30 and Renewing Reactivation Day Cream SPF 30.
Last month, Amway’s John Parker, chief sales officer & regional president West, received the Direct Selling Association’s Bravo Excellence Award. It recognizes executives with a long history of leadership, excellence and integrity. Parker began his Amway career in 1993 in an entry level customer service role. During his 30+ year career, he rose to a small regional role, to president of Amway Japan, to his current role.