BNET Industries

Last Fiscal Year Sales:$4.5B
  • Private
  • US
Dow Jones Description

Amway is a global leader in direct selling, with over three million Independent Business Owners (IBOs) in over 80 countries and territories around the world. No other direct selling company can compare with our longevity, stability, and global reach. For more than 45 years, Amway Corporation has enabled people to have a business of their own. Originally known for direct selling of our household cleaning products, such as SA8 Laundry Detergent and L.O.C. Liquid Organic Concentrate, our business opportunity is now supported by an excellent portfolio of hundreds of high-quality products and brands that can only be purchased through our IBOs.

President
Doug DeVos
Number of Employees 5,000
Contact Information

7575 Fulton St E

Ada, Michigan 49355-0001

(616) 787-7565

NAICS Code Pharmacies and Drug Stores: 446110

Recent Events

  • Amway Corp. heirs David, Stephen Van Andel making bid for Macatawa Bank Corp.

    11/17/09 - Merger / Acquisition - View Story

  • Interleukin Genetics Reports Third Quarter 2009 Financial Results

    11/14/09 - Joint Venture / Alliance - View Story

  • Report: Direct-marketing giant Amway to move West Michigan jobs to Costa Rica

    10/16/09 - Financial Announcement - View Story

  • Distributed computing veteran ScaleOut preps for cloud computing

    9/23/09 - Licensing / Contract - View Story

  • Amway plans to buy stake in nutrition products maker Metagenics

    8/11/09 - Merger / Acquisition - View Story

  • Amway wants India to be among top five global markets

    7/20/09 - Financial Announcement - View Story

News & Analysis

air force and amway corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Doug DeVos President
Lynn Lyall CFO
Steve Van Andel Chief Executive, Amway and Alticor
Eva Cheng Executive Vice President
Jim Payne Executive Vice President
Dan DeVos Vice President of Corporate Affairs
David Ussery Vice President and Managing Director
Richard Holwill Vice President, Govt Affairs
Robin Horderkoop Vice President, Hr
Beth Dornan Director, Marketing Services
Carl Rehnborg
Lorraine K. Climer Disability Specialist
Paul Walters

Organization Position Status
Amway Corporation President Current
Gospel Communications International Co-Chairman Current
Alticor Inc. Board of Directors Current
Gerald R. Ford Foundation Board of Directors Current
Keystone Community Church Board of Directors Current
Right Place, Inc Board of Directors Current
Alticor Inc. President & Co-CEO Former
Amway Corporation Senior Vice President Former
Amway Corporation Managing Director Former

Organization Position Status
Amway Corporation CFO Current
Alticor Inc. CFO Former

Organization Position Status
Amway Corporation Chief Executive, Amway and Alticor Current
US-China Business Council Active Member Current
Van Andel Institute Current
Amway Corporation Chairman Current
LaSalle Bank Midwest N.A. Board Member Current
Gerald R. Ford Foundation Board Member Current
Metropolitan Hospital Vice Chairman Current
LaSalle Bank Corporation Board Member Current
Alticor Inc. Board of Directors Current
US-China Business Council Board Member Current
Alticor Inc. Chairman & Co-CEO Former
U.S. Chamber of Commerce Chairman Former
Amway Corporation Board of Directors Former
Miami University MBA In Marketing Former
Hillsdale College Bachelor of Economics Degree Former

Organization Position Status
Alticor Inc. Executive Vice President Current
Amway Corporation Executive Vice President Current
University of Hong Kong MBA Former
University of Hong Kong Bachelors Degree Former

Organization Position Status
Amway Corporation Executive Vice President Current
Alticor Inc. Executive Vice President Current
Quixtar, Inc. Senior Vice President Current
Alticor Inc. Director Current
Amway Corporation President Former
Amway Japan Limited President Former
Amway Corporation Senior Vice President Former
Amway Corporation General Manager Former
Quixtar, Inc. Managing Director Former
Alticor Inc. Managing Director Former
Amway Corporation Managing Director Former
Amway Corporation Representative Director Former
Amway Japan Limited Representative Director Former
Amway Corporation Regional Manager Former
Amway Japan Limited Representative Former
Amway Japan Limited Director Former
Aquinas College Bachelor of Science Degree In Business Administration Former

Organization Position Status
Grand Rapids Griffins CEO Current
Grand Rapids Rampage CEO Current
DP Fox Ventures, LLC CEO Current
DP Fox Ventures, LLC President Former
Georgian International Limited Co-Founder Current
Grand Rapids Griffins Chairman Current
Grand Rapids Rampage Chairman Current
DP Fox Ventures, LLC Chairman Current
The Economic Club of Grand Rapids Chairman Current
Georgian International Limited Board of Directors Current
Orlando Magic Board of Directors Current
National Basketball Association Board of Directors Current
Family Outreach Center, Inc Board Member Current
Aeromed Board Member Current
Alticor Inc. Board of Directors Current
Grand Rapids Griffins President Former
Grand Rapids Rampage President Former
Georgian International Limited President Former
Grand Rapids Rampage Rampage Owner Former
Amway Corporation Principal Former
Grand Rapids Rampage Director Former
Grand Rapids Griffins Director Former
Northwood University Board of Directors Former
Northwood University Bachelor's Degree Former
Amway Corporation Member Former

David D. Ussery serves as vice president and managing director of Amway markets in Japan and Korea. When he was named to lead both markets in April 2005, Ussery was more than prepared: he ran Amway Japan Limited (AJL) from 2002 until 2005, and Amway Korea Limited (AKL) from 1992-95 and 2000-02. Together, AJL and AKL recorded sales of more than $1.7 billion in fiscal 2004. He was also the president and general manager of Amway Philippines from 1995 to 2000, successfully establishing Amway in the Philippines and adapting the Amway business to the Filipino culture. Prior to joining Amway in 1992, Ussery was a 30-year veteran of Avon Products Inc., most recently as the Chairman of the Board of Avon Japan. With Avon, he held many key management positions in Atlanta, New York City and Tokyo. Ussery graduated from Georgia State University while working full time at Avon in Atlanta.

Organization Position Status
Amway Corporation Vice President and Managing Director Current
Nu Skin Enterprises, Inc. Board of Directors Current
Bodymedia, Inc. Board of Directors Current
Amway Corporation President Former
Amway Corporation General Manager Former
Amway Corporation Representative Director Former
Avon Products, Inc. 30-Year Veteran Former
Georgia State University Bachelor's Degree In Management Former
Amway Japan Limited Former

Organization Position Status
Amway Corporation Vice President, Govt Affairs Current

Organization Position Status
Amway Corporation Vice President, Hr Current
Alticor Inc. Vice President, HR Current

Organization Position Status
Amway Corporation Director, Marketing Services Current

Organization Position Status
Amway Corporation Current

Lorraine joined the MSIA Board of Managers in 2008. She joined Amway in 2002 and brought with her 18 years of Leadership experience in the Health Insurance industry, where she had a calling for merging, developing, and sustaining, Claims management, Customer Contact Centers and Quality programs for more than 130,000 subscriber households. In her role as a Disability Specialist at Amway she is responsible for management and administration of national benefits including, internal policies, federal and state regulations related to all paid and unpaid time off, including workers' compensation, short & long-term disability, Family & Medical leave act, unemployment compensation, ADA and various corporate sponsored time off programs. Lorraine earned her Bachelor of Science in Human Resources from Spring Arbor College. She received her certifications in Workers Compensation and Human Resource Specialist from Michigan State University School of Labor & Industrial Relations. She plans on continuing her education in HR, Benefits, and WC through conferences in these related fields. Lorraine also serves on the Board of Directors for the West Michigan Certified Workers Compensation Alumni.

Organization Position Status
Amway Corporation Disability Specialist Current
The Michigan Self-Insurers Board of Directors Current

Paul was born in Grand Rapids and lived most of his life here where he met and married Neng (recently retired from Amway after 30 years of service in 2007). Paul also works at Amway for more than 25 years now, but he is not ready to retire yet. They have two grownup children, Paul Jr., and Alan.

Organization Position Status
Amway Corporation Current
Wmfaa Board of Directors Current
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