No. 7 Economic Engines: Nu Skin
CITY Provo FOUNDED 1984 EMPLOYEES 4,900 INDUSTRY Beauty/wellness/direct sales WEBSITE NuSkin.com CEO Ryan Napierski THE COMPANY A developer of skin care and nutritional products. LIME OF THEIR LIFE 1. Nu Skin is forever young and forever fierce — it did $2.58 billion in sales in 2020. 2. The company is publicly traded on the NYSE […]
Q AWARDS: Executive of the Year — Ritch Wood, Nu Skin
The year was 1989, and Ritch Wood and his wife were moving to Utah from Ricks College. When they arrived in Provo, they stopped to see one of the only people they knew in town — Burke Roney, who had been Wood’s LDS mission companion in Italy. Roney, along with family members and a few […]
UV50 Economic Engines: No. 6 Nu Skin
FOUNDED 1984 CITY Provo EMPLOYEES 4,900 INDUSTRY Beauty/wellness/direct sales WEBSITE NuSkin.com CEO Ritch Wood, 54 THE COMPANY A developer of skin care and nutritional products primarily in the anti-aging market. LOOKS LIKE A MILLION LUCKS (ALSO BUCKS) 1. Nu Skin is forever young and forever fierce — it did $2.42 billion in sales in 2019. […]
Q Cards: 5 hints for incorporating service into corporate culture
Utah is ranked No. 1 in the nation for volunteerism by nationalservice.gov. And it’s not just individuals who are racking up hours of goodness. It’s also corporations who are putting their time and money where their heart is. One of the most innovative nonprofits in Utah Valley is Kids On The Move, which focuses on […]
40 Under 40: Heather Hammond Cruz
Nu Skin • Provo • Director of Corporate Responsibility and Sustainability • Age 38 Heather Hammond Cruz is a jill of all trades. After graduating in flute performance, she worked at Stanford University in their MBA program. She then worked for Cisco Systems in the Bay Area doing global events, as well as participated in […]
UV50 Economic Engines: No. 4 Nu Skin
CITY Provo FOUNDED 1984 EMPLOYEES 1,600 INDUSTRY Beauty/Wellness/Direct Sales WEBSITE NuSkin.com CEO Ritch Wood, 53 THE COMPANY A developer of skin care and nutritional products primarily in the anti-aging market. MANY HAPPY RETURNS Nu Skin is forever young and forever fierce — it did $2.68 billion in sales in 2018. Through its Nourish the Children […]
A Lifetime of Achievement: Blake Roney
In 1996, Blake Roney and his partners were going through the process of taking 12-year-old Nu Skin public on the New York Stock Exchange. The “dog and pony” show had Roney and Steve Lund traveling around the country talking to the “smartest guys in the world” and then jumping in a limo and giving the […]
UV50: 10 Economic Engines 2018
Brains + Brawn. Meet 10 companies dominating our valley with smart practices and strong execution. THE FINE PRINT The Economic Engines list is selected by BusinessQ’s editorial board and is ranked based on factors including annual revenue, number of employees, contributions to Utah County’s economy […]
UV50 Economic Engines: No. 4 Nu Skin
City Provo Founded 1984 Employees 1,600 Industry Beauty + wellness/direct sales Website NuSkin.com CEO Ritch Wood, 52 The Company A developer of skin care and nutritional products primarily in the anti-aging market. BRAINS + BRAWN MIND THEIR BUSINESS 1. Nu Skin did $2.28 billion in revenue in 2017. 2. 600 million meals have been donated […]
Culture of corporate: Tame the lame with these tips from experts on creating a business personality
For our Summer 2018 issue of Utah Valley BusinessQ, we invited local experts to share the ins and outs of creating a corporate culture. Jeanette Bennett, BusinessQ: Let’s start by defining corporate culture. What does that term entail? Lauren Walker, Young Living: It’s all about who you are. It’s the foundation and the core between […]
UV BusinessQ Board: How do you get out of a business rut?
In the Spring 2018 issue of Utah Valley BusinessQ, we asked our editorial board, “How do you get out of a business rut?” Their answers varied from changing scenery to moving on. Jeff Rust, CEO, Corporate Alliance “Go to my favorite steam room to meditate. Send some thank-you cards. Play with my kids more (something […]
Utah Valley BusinessQ board members names their favorite brands to watch
In the Winter 2017 issue of Utah Valley BusinessQ, we asked our editorial board, “What brand are you loving right now?” Their answers varied, but their love for expertise didn’t. Kara Schneck, VP global corporate communications, Nu Skin Disney has that same magical feeling for me today that it had when I was a kid. […]
Roundtable: Direct message from the direct sales industry
Utah Valley is the direct sales’ global upline, and these 5 are putting work in network marketing. Werk! Jeanette Bennett, BusinessQ: In the past decade, what have been the biggest shifts in the direct sales industry? Jake Hadlock, Tavala: For Tavala, the biggest change has been the customer component. A lot of network marketing companies […]
UV50 Economic Engines: No. 2 Nu Skin
City Provo Founded 1984 Employees 1,550 Industry Beauty and wellness/direct sales Website NuSkinUSA.com CEO Ritch Wood, 51 The Company A developer of skin care and nutritional products primarily in the anti-aging market. BLOWING US ALL AWAY: LET US COUNT THE WAYS 1. Nu Skin did $2.21 billion in revenue in 2016. 2. 550 million meals have been donated through its Nourish the […]
Downtown Provo restaurants raising funds for Hurricane Harvey victims at Rooftop Concert Series
Over the past week, Chad Pritchard has watched parts of his home state get decimated by Hurricane Harvey. He’s talked to his brother — a police officer in Houston — and watched the reports on the news. “It’s humbling to me to see,” Pritchard said. “Obviously, I care. It’s my home state where I grew […]
7 must-read business book suggestions from Utah Valley BusinessQ’s corporate partners
We asked Utah Valley BusinessQ’s corporate partners to share their must-read business books in our Summer 2017 issue. If you’re looking for a little business inspiration, try one of these seven reads. “The Hard Thing About Hard Things” by Ben Horowitz “This is a must for any entrepreneur who has ever had more than an […]
2017 Executive of the Year: Truman Hunt, Nu Skin
Truman Hunt and Blake Roney met in the mission field while speaking French. The two said bonjour again as roommates at BYU and later bishopric-mates in an LDS ward. Then the two left on splits as Roney founded Nu Skin while Truman earned a law degree. But the au revoir didn’t last forever. In 1996, […]
Nu Skin embraces the madness, maintains employee productivity during NCAA basketball tournament
Once brackets are set and the NCAA tournament bounces into action, March Madness takes over everything — even business. WalletHub estimates corporations lose $4 billion in productivity during March Madness. One Provo business is busting the bracket on productivity challenges by welcoming the madness in its front doors. Each March, Nu Skin invites its 1,500 employees […]
The Let’s Be Better: 10 ways our culture can still improve for working women
Let’s talk. In the women’s issue of Utah Valley BusinessQ, the ladies weigh in on what it’s like to be a woman in business in 2016. Here are 10 ways our culture can still improve for working women. 1. More, please. “Although women now make up 38 percent of the business owners, women are only […]
The Good: 10 reasons it’s never been better to be a working woman
Let’s talk. In the women’s issue of Utah Valley BusinessQ, the ladies weigh in on what it’s like to be a woman in business in 2016. Here are 10 reasons it’s never been better to be a working woman. 1. Open table. “I love that the business world is recognizing that having women at the […]
UV50: 10 Economic Engines 2016
At a glance: Like a #boss, these 10 companies are driving our local economy and influencing the world with their strength, smarts and stamina. Read on and meet the makers. NO.1 doTERRA 2-TIME UV50 WINNER City Pleasant Grove Founded 2008 Employees 2,000 Industry Health and wellness/direct sales Website doTERRA.com Founder David Stirling, 53 The Company A producer and distributor […]
40 under 40: Shelly Hester, Ph.D.
Nu Skin, Provo AGE: 31 BORN: Kirklin, Ind. TITLE: Associate senior scientist Shelly Hester has success down to a science. The health and nutrition expert has a bachelor’s of science in food and nutrition and dietetics from Purdue University, a Ph.D. in nutritional sciences from the University of Illinois, and is a registered dietitian. At […]
Provo restaurants benefit most from temple open house
Downtown Provo restaurants saw some pretty big business increases over the last few months, with 800,000 people filtering through the area to tour the new LDS Provo City Center Temple. “Restaurants are saying it was awesome,” said Provo deputy mayor Dixon Holmes. “Anecdotally, 25 to 30 percent increases.” A lot of people spent time planning […]
UV50: 10 Economic Engines 2015
At a glance With robust revenues and employees by the hundreds and thousands, these 10 companies are dominating their fields and anchoring Utah Valley’s economy. Get a breakdown of the category below, and then dive into BusinessQ’s ranking of these 10 stalwarts. NO. 1 Vivint Founded 1999 City Provo Employees 8,000 Industry Technology/home automation/security Website vivint.com Founder Todd Pedersen, 46 The Company A provider of smart […]
In Good Company: 5 influential direct sales companies in Utah Valley
This is one of 10 lists on direct sales featured in the Spring 2015 issue of Utah Valley BusinessQ. Can we be direct? Network marketing is here to stay. It’s a popular topic around these parts, where downlines are the uptalk. In fact, Utah County has the highest concentration of direct sales companies in the nation, […]
Women at work: A Nu Woman
This is one out of five stories in the Utah Valley BusinessQ series “Women at Work.” Kara Schneck is in the middle of one beautiful career. As corporate communications director for Provo-based Nu Skin, Schneck has traveled around the world as a spokesperson of the $3.17-billion direct sales company. “This year I celebrated 20 years […]
No. 1 Revenue Company: Nu Skin
Thirty is the nu startup. Nu Skin is hitting three decades this year — and also hitting nearly $3.2 billion. But the founders still come to work with the same zealous formula they blended together when they were renting office space on Provo’s Freedom Boulevard. “Everybody I know still works,” says Steve Lund, Nu Skin […]
Top 10 Revenue Companies
The money mavens — 10 companies Utah Valley banks on. NO. 1 NU SKIN 2013 Revenue $3,177,000,000 Founded 1984 City Provo Employees 1,500 Industry Personal care/nutrition Website www.nuskin.com CFO Ritch Wood, 48 Past UV50 Top Revenue Rankings 2009-2013: #1 The Company A direct sales company that operates in 53 markets and distributes more than 200 […]
What’s the big teal?
The gray sky and white-capped mountains aren’t the only color palette in town. Amidst the bare trees, Utah Valley has splashes of teal, proving that even in the dead of winter we can always find a bright spot in the valley.
Nu Skin shares drop as investigation begins in China
Nu Skin Enterprises Inc. shares dropped Thursday afternoon as a result of an investigation in China concerning the business’ involvement in the country. The investigation comes after a state-run People’s Daily ran a story stating Nu Skin’s coaching methods were similar to brain washing and suggesting that Nu Skin was part of a pyramid scheme. On […]