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 DeVosNumber of Employees 5,000
Contact Information
7575 Fulton St E
Ada, Michigan 49355-0001
(616) 787-7565
Peer Companies
NAICS Code Pharmacies and Drug Stores: 446110
Recent Events
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Amway Launches iPhone B2B Initiative
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Amway Corp. heirs David, Stephen Van Andel making bid for Macatawa Bank Corp.
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Interleukin Genetics Reports Third Quarter 2009 Financial Results
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Report: Direct-marketing giant Amway to move West Michigan jobs to Costa Rica
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Distributed computing veteran ScaleOut preps for cloud computing
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Amway plans to buy stake in nutrition products maker Metagenics
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Amway wants India to be among top five global markets
News & Analysis
Filter by
amway corp. and company - All News and Analysis
Periphonics is New IVR Vendor for Amway's Automated Order Center
BOHEMIA, N.Y.--BUSINESS WIRE--Feb. 22, 1999--Amway Corporation, one of the world's largest direct selling companies, has replaced its Interactive Voice Response IVR system with a solution from Periphonics Corporation (NASDAQ: PERI), a worldwide provider of products and services for call processing solutions in Computer Telephony Integration and Telecom Enhanced Network Services....
Amway Asia Pacific Reports Fourth Quarter and Fiscal 1997 Results
HONG KONG--BUSINESS WIRE--Oct. 14, 1997--Amway Asia Pacific Ltd. (NYSE: AAP; ASX: AMW) reported net sales for the fiscal year ended August 31, 1997 were $845 million, an increase of 17.9 percent over the comparable period last year. Net income was $104 million, a 27.5 percent increase. Earnings per...
Amway Japan Announces Solid Fiscal 1995 First-Quarter Performance; Builds Upon Record Gains of 1994
TOKYO--BUSINESS WIRE--January 17, 1995--Amway Japan Limited (NYSE: AJL) today announced consolidated financial results for the first quarter of fiscal 1995, ended November 30, 1994, that built upon the record gains achieved by the Company in fiscal 1994.First-quarter net sales reached 42.7 billion yen ($431.0 million), a 13.9 percent rise over...
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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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