LifeVantage Corporation announced Dayton Judd has been named to the company’s board of directors. This appointment comes as a result of discussions with the Radoff-Sudbury Group, which owns 12.6% of the company’s outstanding stock, as the two entities work together to build a framework for long-term collaboration. Judd’s position is in connection with a Cooperation Agreement between the two parties.

Judd brings C-suite experience within the nutritional supplement and wellness categories and expertise as an investment advisor and consultant.

“We welcome Dayton to the board and believe his insights and perspective will benefit the company and its shareholders,” said Steve Fife, LifeVantage President and Chief Executive Officer. “The LV360 initiatives are driving improving profitability and we remain on track to return Adjusted EBITDA margins back to double-digit levels. Coupled with our strong balance sheet, we expect to continue returning a meaningful portion of excess free cash flow to shareholders through dividends and share repurchases.”