Lehi, Utah-based Young Living Essential Oils Thursday announced that its 2017 sales surpassed $1.5 billion. The company has surpassed $1 billion in sales in each of the past three years and its revenues have grown 800 percent over the past five years.
“This significant milestone is a testament to the increased knowledge and education of the benefits of essential oils and a cultural shift to wellness and plant-based products,” said Jared Turner, president and chief operating officer. “Our dedicated members and customers, whose passion to share the gift of essential oils with millions of people around the world, have played a critical role in helping Young Living to continue to reach new milestones. This allows us to get more of the priceless benefits of our oils into more people’s lives than ever before.”
Young Living continues to fulfill the vision of its Founder and Chairman of the Board D. Gary Young and CEO Mary Young of providing the company’s pure essential oils to every home in the world.
“Young Living’s products support a healthy lifestyle and provide opportunities for people to achieve their goals and aspirations by aligning their work with their values and passions,” said Mary Young. “What is most exciting to us is the realization that behind all this progress are families whose lives are being blessed due to their associations with Young Living.”
The company, which was founded in 1993, also announced a number of promotions at the senior vice president and vice president level. Recent promotions include:
- Lyndi Smith, senior vice president of global marketing
- Lee Bowen, senior vice president of finance
- Mark Harris, vice president of global farms
- Shane Smith, vice president of content marketing
- Brittani Lambert, vice president of global events
- Andrea Neipp, vice president of global brand awareness
- Jason Dewey, vice president of product management
- Troy Mohr, vice president of global manufacturing, fulfillment, and strategic sourcing
- Julie Hunter, vice president of conduct success/deputy compliance officer
As the leader in the essential oils movement, Young Living has more than 3,000 global employees, 4 million members since founding, 16 corporate and partner farms around the world, 13 offices operating in 22 markets, and products shipping to 133 countries.
Young Living is positioned to continue its impressive growth trajectory with several projects on the horizon, including a new state-of-the-art, environmentally friendly global headquarters that will house an essential oils experience center as well as projects to identify and develop new corporate and partner farms.