Nu Skin Enterprises Inc. will be in the spotlight next month when more than 1,000 business leaders gather at the 10th Annual Utah Economic Summit.
The event, slated for April 15, will be hosted by Utah Gov. Gary Herbert. Each year, state officials and Utah Economic Summit partners recognize one company and one individual for their contributions to the local economy. In 2016, the theme of the event is innovation, and Nu Skin will receive the Outstanding Company Award alongside the Lifetime Achievement Award honoree, Jerry Atkin, former CEO and current Chairman of SkyWest Airlines.
“Economic movers and shakers like these truly deserve this recognition,” Val Hale, Executive Director of the Governor’s Office of Economic Development, said in a statement. “Each has made innovative contributions to their industry and their local economies. But the way they give back is especially noteworthy.”
Nu Skin got its start in Provo, Utah, in 1984. The seller of anti-aging skincare and nutrition products is one of the top direct selling companies in the world, with revenue of $2.25 billion in 2015. Currently operating in 54 markets, the company also makes a global impact through its charitable arm, the Nu Skin Force for Good Foundation, which serves children with a focus on healthcare, nutrition, education and economic opportunity.
“While Nu Skin has grown to be an international enterprise operating in 54 markets, our roots are firmly planted in the Utah business community,” said Truman Hunt, Nu Skin President and CEO. “This area is home to a talented and highly educated workforce that understands the global complexities of business and is at the forefront of scientific and digital innovation.”