Nu Skin Enterprises announced Ryan Napierski has been selected by the Nu Skin Board of Directors to become the company’s next president and chief executive officer.
Napierski, who currently serves as the company’s president, will succeed Ritch Wood upon his retirement effective September 1, 2021. Wood will continue as an executive advisor through the beginning of 2022 after a successful 30-year career with the company. Napierski is also expected to assume Wood’s position on the Board of Directors at the 2021 stockholder meeting in June.
“The time is right for Ryan to take the reins, consistent with our succession planning process when we stepped into our roles together four years ago,” Wood said. “Ryan has played a critical leadership role in developing and executing our strategy and evolving Nu Skin into a more customer-obsessed, global, digital-first organization. He exemplifies Nu Skin’s mission and is absolutely the right person to lead the company to even greater heights.”
Napierski’s 25-year career with Nu Skin has included a four-year role as company president, as well as serving as president of global sales and operations, president of Nu Skin Japan and the company’s North Asia region, and leader of the Nu Skin strategy in EMEA.
“I am honored to be given the opportunity to serve as Nu Skin’s next CEO and appreciate the confidence of the Board and Ritch,” Napierski said. “Nu Skin is family to me, and I am fortunate to work alongside an incredible, global team of employees and sales leaders to fulfill our mission of empowering people to improve lives.”