Nature’s Sunshine Products, Inc., a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, announced today that Steve Bunker, Executive Vice President, Chief Financial Officer and Treasurer, will be retiring from the company at the end of fiscal 2016.
Mr. Bunker has served in his current capacity since joining the company in March 2006.
“Steve has played a pivotal role in solidifying Nature’s Sunshine Products’ financial systems and controls during his tenure,” said Gregory L. Probert, Chairman and Chief Executive Officer.
His contributions have greatly contributed to a culture of integrity, compliance and control at the company. He is a trusted partner within our leadership team, our Board of Directors and among our institutional investors.
We are grateful for his many contributions over the years, as well as his willingness to help us manage through an orderly transition for the remainder of the year.”
“Steve will continue in his role until a replacement has been hired and will work closely with his successor to ensure all responsibilities are properly transitioned,” added Mr. Probert.
Mr. Bunker commented, “It has been a great pleasure to work at Nature’s Sunshine Products for the past ten years. I am confident in the company’s future and that I am leaving it in very good hands with current management. I will work closely with Greg and my successor to ensure a seamless changeover.”
A national search has been initiated to identify a successor to Mr. Bunker.
About Nature’s Sunshine Products
Nature’s Sunshine Products, a leading natural health and wellness company, markets and distributes nutritional and personal care products through a global direct sales force of over 576,000 independent Managers, Distributors and customers 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. The Company has four reportable business segments that are divided based on the characteristics of their Distributor base, similarities in compensation plans, as well as the internal organization of NSP’s officers and their responsibilities (NSP Americas; NSP Russia, Central and Eastern Europe; Synergy WorldWide; and China and New Markets). The Company also supports health and wellness for children around the world through its partnership with the Sunshine Heroes Foundation.