Posts Tagged ‘Ada’
Stand Up or Lay Low?
CEOs mull the merits of political and social activism. Last fall Nike made big news with a commercial featuring Colin Kaepernick, the first NFL player to kneel during the national anthem before games to protest racial inequality and police brutality. The spot included other athletes who’ve made bold moves for their reasons. So, the overall…
Read MoreAmway Welcomes Milind Pant as CEO
Ada, Mich.-based Amway, the world’s largest direct selling company, yesterday announced Milind Pant as its chief executive officer. Pant joins Amway from Yum! Brands where he was recently president of Pizza Hut International. He will report directly to and hold a seat on Amway’s Board of Directors effective January 2, 2019. This is a new…
Read MoreLegalShield Appoints Three Vice Presidents
Ada, Okla.-based LegalShield recently announced the hiring of Stephanie Gaccetta as vice president, Contact Center; Tina Gaccetta as vice president, Marketing and Incentives Network Division; and Scott Grissom as vice president of Product Leadership, Marketing and Sales. “We’re delighted to welcome Stephanie, Tina and Scott to the LegalShield family,” said LegalShield CEO Jeff Bell. “Each of these…
Read MoreRich DeVos, Amway Co-Founder, Dies at 92
Amway co-founder Richard DeVos has passed way at the age of 92. The billionaire philanthropist died at his home in Ada, Michigan, near Amway’s headquarters. According to DeVos family spokesman Nick Wasmiller, the cause of death was due to complications from an infection. DeVos and his friend Jay Van Andel got into the network marketing business…
Read MoreDirect Selling News Set to Unveil Global 100 Ranking
Direct Selling News, the dedicated trade publication for the direct selling channel, will announce the DSN Global 100 ranking of the world’s largest direct selling companies at its Celebration event to be held tomorrow, May 2, in Plano, a suburb of Dallas. This is the ninth year the magazine has recognized companies that offer unparalleled…
Read MoreAmway Recognized for Best Engagement Strategy at Innovation Management Awards
Amway, the No. 1 direct seller in the world, was recognized as a leading innovator at the 2017 Innovation Management Awards, hosted by IdeaScale, a crowdsourcing and innovation software provider. Ada, Michigan-based Amway was the winner in the category of Best Engagement Strategy. This competition category recognizes the IdeaScale community that detailed the most creative…
Read MoreStone Point Capital to Acquire Majority Stake in LegalShield from MidOcean Partners
LegalShield, an Ada, Oklahoma-based provider of legal plans and a leading provider of identity theft solutions, has announced that funds managed by private equity firm Stone Point Capital LLC have entered into a definitive agreement to acquire a majority interest in LegalShield from funds controlled by MidOcean Partners, which acquired the legal services firm in…
Read MoreAmway Reports 2017 Sales Slightly Down at $8.6 Billion
Amway, the world’s largest direct selling company, has reported sales of $8.6 billion for the year ending Dec. 31, 2017. The Ada, Michigan-based company achieved sales gain in several key markets, including South Korea, Thailand, Russia and India. Total sales in the second half of 2017 grew by 3 percent, compared to same period of the…
Read MoreAmway: On a Mission Greater Than One Company
Managing an $8.8 billion global enterprise while being the face of a $183 billion international market is a lot of responsibility. But Amway, the world’s largest direct selling company, with headquarters in Ada, Michigan, seems comfortable with—and energized by—the challenge. Amway Founded: 1959 Headquarters: Ada, Michigan Top Executives: Co-CEOs Steve Van Andel and Doug DeVos 2016 Revenue: $8.80 billion…
Read MoreBringing Gender Parity to Direct Selling
Click here to order the December 2017 issue in which this article appeared. In This Issue: The Most Influential Women in Direct Selling Bringing Gender Parity to Direct Selling Advocating for the Direct Selling Community Navigating the Millennial-Driven World Sticking to a Winning Business Model Leading with Passion and Commitment Launching New Products and Segments Recruiting and…
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