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Nature’s Sunshine Appoints Steven Fasching to Board of Directors

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Nature's Sunshine Products (NASDAQ: NATR) has appointed Steven Fasching to its board of directors, effective November 6, 2024. This appointment expands the board to nine directors, with eight serving as independent directors. Fasching, currently serving as Chief Financial Officer of Deckers Brands since June 2018, brings over 30 years of experience in financial and strategic planning for multi-billion-dollar organizations. He holds positions managing iconic brands like UGG®, Hoka® and Teva®, and has extensive experience in strategic financial planning and investor relations.

I prodotti di Nature's Sunshine (NASDAQ: NATR) hanno nominato Steven Fasching nel consiglio di amministrazione, con effetto dal 6 novembre 2024. Questa nomina porta il consiglio a nove membri, di cui otto sono direttori indipendenti. Fasching, attualmente Chief Financial Officer di Deckers Brands dal giugno 2018, porta con sé oltre 30 anni di esperienza nella pianificazione finanziaria e strategica per organizzazioni da miliardi di dollari. Ha ricoperto ruoli nella gestione di marchi iconici come UGG®, Hoka® e Teva®, ed ha una vasta esperienza nella pianificazione finanziaria strategica e nelle relazioni con gli investitori.

Nature's Sunshine Products (NASDAQ: NATR) ha nombrado a Steven Fasching para su junta directiva, con efecto a partir del 6 de noviembre de 2024. Esta designación amplía la junta a nueve directores, de los cuales ocho son directores independientes. Fasching, que actualmente se desempeña como Director Financiero de Deckers Brands desde junio de 2018, aporta más de 30 años de experiencia en planificación financiera y estratégica para organizaciones de miles de millones de dólares. Ha ocupado cargos gestionando marcas icónicas como UGG®, Hoka® y Teva®, y tiene una amplia experiencia en planificación financiera estratégica y relaciones con inversores.

네이처스 선샤인 제품 (NASDAQ: NATR)은 스티븐 패싱을 이사회의 일원으로 임명하였으며, 이는 2024년 11월 6일부터 효력을 발휘합니다. 이 임명으로 이사회는 총 9명의 이사로 확대되었으며, 그 중 8명은 독립 이사입니다. 패싱은 2018년 6월부터 Deckers Brands의 최고 재무 책임자(CFO)로 재직 중이며, 수십억 달러 규모의 조직을 위한 재무 및 전략적 계획에서 30년 이상의 경험을 갖추고 있습니다. UGG®, Hoka® 및 Teva®와 같은 아이코닉 브랜드를 관리하는 경력을 가지고 있으며, 전략적 재무 계획 및 투자자 관계에 대한 폭넓은 경험이 있습니다.

Nature's Sunshine Products (NASDAQ: NATR) a nommé Steven Fasching au conseil d'administration, avec effet au 6 novembre 2024. Cette nomination porte le conseil à neuf administrateurs, dont huit sont des administrateurs indépendants. Fasching, actuellement directeur financier de Deckers Brands depuis juin 2018, apporte plus de 30 ans d'expérience dans la planification financière et stratégique pour des organisations de plusieurs milliards de dollars. Il a occupé des postes de gestion de marques emblématiques telles qu'UGG®, Hoka® et Teva®, et possède une vaste expérience en planification financière stratégique et en relations avec les investisseurs.

Nature's Sunshine Products (NASDAQ: NATR) hat Steven Fasching in seinen Vorstand berufen, wirksam ab dem 6. November 2024. Diese Ernennung erweitert den Vorstand auf neun Mitglieder, von denen acht als unabhängige Direktoren fungieren. Fasching, der seit Juni 2018 als Chief Financial Officer von Deckers Brands tätig ist, bringt über 30 Jahre Erfahrung in der finanziellen und strategischen Planung für milliardenschwere Unternehmen mit. Er hat Positionen in der Verwaltung ikonischer Marken wie UGG®, Hoka® und Teva® inne und verfügt über umfassende Erfahrung in strategischer Finanzplanung und Investorenbeziehungen.

Positive
  • Board expansion with addition of experienced financial executive
  • Strengthened independent board oversight with 8 out of 9 directors being independent
  • Addition of expertise from successful consumer brands sector
Negative
  • None.

Steven Fasching, Director

LEHI, Utah, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Nature's Sunshine Products, Inc. (Nature's Sunshine) (NASDAQ: NATR), a leading manufacturer of high-quality herbal and nutritional supplements, today announced the appointment of Mr. Steven Fasching to its board of directors, effective November 6, 2024. Nature's Sunshine's board will now consist of nine directors with eight serving as independent directors.

"We are delighted to welcome Steve to our expanded board of directors,” said Richard D. Moss, Chairman of the Board for Nature's Sunshine. “He brings significant financial acumen and public company experience from well-known consumer brands and will be a valuable addition to our board. Steve’s experience in finance will strengthen our leadership as we continue the transformation of our business."

Since June 2018, Fasching has served as the Chief Financial Officer of Deckers Brands (XNYS: DECK), which includes iconic brands such as UGG®, Hoka® and Teva®. Fasching has held other senior positions at Deckers Brands since August 2011, including Vice President, Strategy & Investor Relations and Vice President, Strategic Financial Planning. Fasching has over 30 years of experience in long-term financial and strategic planning for multi-billion-dollar organizations. Fasching received a B.S. degree in Business Administration from Pepperdine University and an M.B.A. from The Anderson School of Management at UCLA. He also completed The Executive Program for Prospective Chief Financial Officers through the University of Chicago Booth School of Business.

About Nature's Sunshine
Nature’s Sunshine Products (Nasdaq: NATR), a leading natural health and wellness company, markets and distributes nutritional and personal care products in more than 40 countries. Nature’s Sunshine manufactures most of its products through its own state-of-the-art facilities to ensure its products continue to set the standard for the highest quality, safety, and efficacy on the market today. Additional information about the Company can be obtained at its website, www.naturessunshine.com.

Investor Relations
Gateway Group, Inc.
Cody Slach
1-949-574-3860
NATR@gateway-grp.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/851f1698-5928-4576-8d35-745869a4dcdf


FAQ

When did Steven Fasching join Nature's Sunshine (NATR) board of directors?

Steven Fasching joined Nature's Sunshine's board of directors effective November 6, 2024.

How many independent directors does Nature's Sunshine (NATR) have after Fasching's appointment?

After Fasching's appointment, Nature's Sunshine has eight independent directors out of a total of nine board members.

What is Steven Fasching's current role outside of Nature's Sunshine (NATR)?

Steven Fasching serves as the Chief Financial Officer of Deckers Brands (DECK) since June 2018, managing brands like UGG®, Hoka® and Teva®.

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