Posts Tagged ‘Steve Van Andel’

Amway Reports 2018 Sales of $8.8 Billion

Amway announced sales of $8.8 billion for the year ending December 31, 2018, a 2 percent increase over 2017 sales numbers. The company said growth was broad-based across many of its top markets including China, the U.S., Thailand and India. “Amway’s growth in sales is a result of our sharp focus on the experience Amway…

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Amway Welcomes Milind Pant as CEO

Milind Pant

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…

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Amway 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…

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Amway: On a Mission Greater Than One Company

IBO Brian B. and Amway Vice Chairman Jim Payne go “Over the Edge” for Easter Seals at the annual event in Grand Rapids, Michigan. The rappelling activity raises funds for the charity.

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…

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