Utah-based USANA Health Sciences announced that Dave Wentz, Co-CEO, has made the personal decision to step down, and current Co-CEO, Kevin Guest (pictured), will be appointed as CEO of the Company. The Company will no longer utilize a Co-CEO management structure.
Commenting on his transition, Wentz said: “I am grateful for my long tenure with USANA and am proud of what we have accomplished over the past 24 years. USANA has always been, and will remain, a positive influence for so many lives, including my own, and I am confident in the company's future under Kevin's leadership.”
Kevin Guest commented: "I am honored by the trust and confidence the Board of Directors has placed in me to lead USANA going forward. Dave and I have worked side by side to achieve many goals over the years, and I have the utmost respect for him. I also have complete confidence in, and respect for, the leadership team we have in place at USANA. Our team has talent and experience in each of the key leadership positions and is committed to USANA's mission. As demonstrated by the Board's recent decision to split the stock, we are confident that the strategies we have in place will help USANA achieve its long-term growth potential."