NU Skin Enterprises Inc.

Array

Truman Hunt was appointed president of Nu Skin Enterprises in January 2003, and was named chief executive officer in May 2003. Under his leadership, the company conducts business in 47 markets, with recent expansion into China, Eastern Europe, and Latin America. Hunt is also active in industry associations, most recently serving as chairman of the World Federation of Direct Selling Associations (WFDSA) from 2005 to 2008. As chairman, he was committed to expanding the influence of local direct selling associations, fostering a positive regulatory environment, further strengthening industry ethics and increasing the stature of direct selling among key constituencies. He is focused on the company's mission to be a force for good throughout the world by empowering people to improve lives with rewarding business opportunities, innovative products, and an enriching, uplifting culture. Hunt serves on the advisory boards for the Nu Skin Force for Good Foundation and Nourish the Children Initiative. Prior to his current appointment, Hunt served as vice president and general counsel of Nu Skin Enterprises from 1996 to January 2003. He was also named executive vice president of Nu Skin Enterprises in January 2001 and served as vice president of Legal Affairs from September 1996 to May 1998. Prior to joining Nu Skin Enterprises, he was president and chief executive officer of Better Living Products, Inc., a Nu Skin affiliate involved in the manufacture and distribution of houseware products sold through traditional retail channels. Prior to joining Better Living Products in 1991, he was a securities and business attorney in private practice. Hunt earned a B.S. degree from Brigham Young University and a J.D. degree from the University of Utah.

Angela Lau is the President of Nu Skin Enterprises Hong Kong, overseeing the business operations in these areas. Ms. Lau joined the company in September 1991 as a Communications Executive, responsible for the Company's Distributor support function. She was promoted to Distributor Support Manager, Director of Operations, General Manager and President in 1995, 1999, 2002 and 2004 respectively. With more than 10 years experience in the direct selling industry, in 2002 Ms. Lau was elected as the Treasurer of Direct Selling Association of Hong Kong, continuing to promote the direct selling industry in Hong Kong. In 2001, Ms. Lau received her Master of Business Administration degree at Heroit Watt University in the United Kingdom.

Brett Nelson currently serves as Vice President, Global Distributor Support. In addition to this position, he also oversees Australia and New Zealand as the Regional Vice President of the Pacific Region. Previously, Brett served as General Manager for Canada and Vice President of Business Support and Sales for Nu Skin Enterprises. Mr. Nelson has been with the company for over 15 years and has an extensive knowledge of the development of business strategies, representative relations, special events and global support. He lived in Hong Kong for three years where he directed the Asia Pacific region. Mr. Nelson has expertise in the development of new and established markets such as Taiwan, Australia, New Zealand, Hong Kong, Thailand, Korea, and the Philippines.

Ms. Charlene Chiang joined Nu Skin Enterprises in 1993, and currently serves as President of Nu Skin Taiwan. Previously she served as President of Nu Skin Singapore, Malaysia and Brunei. She also has served as General Manager of the Pharmanex division for Nu Skin Taiwan. Ms. Chiang has served on the National Biotechnology Medical Development Committee of Taiwan since 2001. Prior to joining Nu Skin, she worked at a leading advertising agency. She received her BA. degree in Japanese from Fu Jen Catholic University. She also studied at St John's University.

John Chou has served as President of Nu Skin Taiwan since 1992. Prior to joining the company, he worked as president of Universal PR & Consultant Company, Ltd. from 1988 to 1992. He was a sales and marketing manager at Amway Taiwan from 1984 to 1988 and served in the same capacity for 3M Taiwan, Ltd. from 1973 to 1984. He is active in numerous professional and civic capacities. He is on the advisory council of the World Federation of Direct Selling Associations, is the standing director of the Direct Selling Research Center at National Sun Yat-Sen University, Taiwan R.O.C. Direct Selling Association, Fair Trade Law Seminar Association and Fair Trade Commission, Executive Yuan. He is director of the Taipei Cosmetic Industrial Association and is a consultant for a variety of concerns including the Chinese Taipei Olympic Committee, the Direct Selling Research Center at National Sun Yat-Sen University and Eden Social Welfare Foundation. John studied oriental languages at TamKang University in Taiwan and holds a Masters of Business Administration from Southern Illinois University.

Luke Yoo was recently appointed vice president of the North Asia Region. Luke Yoo joined Nu Skin as Vice President of Nu Skin Korea in December 1998 and continued his job as General Manager of Pharmanex Division for NSE Korea until September 2003. He was appointed as President and Representative Director of NSE Korea in October 2003. Prior to joining Nu Skin, he worked as partner consultant at East West Consulting in USA. He received B.S. degree in both Business Management and Computer Science at Brigham Young University-Hawaii. And he also studied at the graduate school of University of Hawaii.

Mr. Sinclair joined Nu Skin Enterprises in January 2001. He has more than 20 years of experience in the health and beauty industries and nearly 10 years of experience in the direct selling industry. From 1995 to 1998, he worked as managing director of Australia and New Zealand for Nutri-Metics International, a direct seller of cosmetic and toiletry products. Mr. Sinclair also served from 1991 to 1995 as president and managing director of Avon Products in Australia and New Zealand. Most recently, he served as the chief executive officer of the Leukemia Foundation of New South Wales, Australia. In addition, he has served as president of the Cosmetic Toiletry Fragrance Association of Australia and as chairman of the Direct Selling Association of Australia.

Arazi-Gamliel has fifteen years of executive management experience with several multinational companies in both Israel and the United States, including more than seven years as general manager of Sunrider Israel. He also serves as the vice-chairman of the Israel Direct Selling Association and as the Head of the Dietary Food Supplement Division of the Israeli Chamber of Commerce. This organization represents 90 percent of the dietary supplement market in Israel.

Patrick Yeung currently serves as the Vice President of Distributor Success for Nu Skin China. Previously, Yeung was appointed as the General Manager overseeing the operations and business development of Nu Skin Malaysia and Brunei in December 2003 and August 2004 respectively. An 11-year direct selling veteran, Yeung also served as the Regional Director of Sales Development for Southeast Asia since November 2003. He was at the forefront of launching three new markets for Nu Skin in Thailand, Philippines and Singapore in 1997, 1998 and 2000 respectively. Prior to this appointment in Nu Skin, Yeung served as the Regional Director of Ethics and Compliance, Asia Pacific Region, another multinational direct selling company based in the United States where he oversaw the distributor training, ethical and compliance issues from 2001 to 2003 for 10 markets. Yeung has a thorough understanding of the Nu Skin operations and business. He served the company from 1993 to 2001 in various supervisory and management levels. Yeung holds a bachelor's degree from the Hong Kong Baptist University and a Master of Business Administration from Southern Illinois University of Carbondale.

Alex joined Nu Skin Enterprises in 1991 and has spent 12 years working in the Nu Skin Japan offices. Alex has held several key positions with Nu Skin Japan giving him a broad understanding of the company and a diversified skill set. His responsibilities have included Manager of Distributor Services, Operations Manager for the Osaka Branch Office, Senior Director of Distributor Support and Vice President of Technology. Alex has most recently served as Vice President of Marketing and Strategic Planning. Mr. Treharne graduated from Brigham Young University with a degree in Philosophy and Japanese Language.

Ashok Pahwa was appointed chief marketing officer for Nu Skin in June 2008. A veteran of the direct selling industry, Pahwa offers 25 years of strategic leadership experience in global marketing. Pahwa has significant experience in consumer products and direct sales. He served as vice president of new business development at Avon Products and worked 10 years at Mary Kay Cosmetics where he served in various management roles, including president of the company's e-business division, and senior vice president of global marketing and sales promotions. Pahwa also spent several years with Publicis/Bloom and Oglivy and Mather. Most recently, Pahwa served as vice president of global marketing and sales for the Wall Street Institute (WSI), a portfolio company of the private equity firm, The Carlyle Group. Pahwa earned a bachelor's degree in economics from the University of Delhi, a master's in management studies from the University of Bombay and a master's of business administration from Texas Tech University.

D. Matthew Dorny was appointed General Counsel and Chief Legal Officer in March 2006. Prior to this appointment, he served as Vice President and General Counsel, and Assistant General Counsel for Nu Skin Enterprises. Prior to joining Nu Skin Enterprises, Mr. Dorny was a securities and business attorney in private practice. Mr. Dorny received a B.A. degree and a J.D. degree from the University of Utah.

Mark Adams serves as Chief Information Officer. Prior to this position, Mr. Adams served as Administrative Officer for Nu Skin Enterprises, Vice President of Finance and Administration and International Controller and Program Manager for the Nu Skin 2000 Project-a project that involved significant process changes and the implementation of SAP software. Prior to joining Nu Skin Enterprises, he worked for nine years in the audit division of an international public accounting firm. Mr. Adams is a Certified Public Accountant and holds a Master's Degree in Accountancy from Brigham Young University.

Sandie Tillotson serves as Senior Vice President of Nu Skin Enterprises. In 1984, Sandie helped found Nu Skin International, and assisted in the development of the original Nu Skin product line and establishment of the global marketing plan. She served as Vice President of Nu Skin International from 1984 through 1998. In 1993, Ms. Tillotson was named one of the top 10 female business owners in the U.S. by Working Woman magazine. In 2001, Ms. Tillotson was named one of the 50 "Women of the New Millennium" by Feminine Fortunes magazine. She was awarded this honor along with the likes of Katie Couric, Oprah Winfrey, Sandra Day O'Connor and Marion Jones. Sandie earned a B.S. degree in Education from Brigham Young University and has taught in various Utah public schools. Today, Sandie enjoys her many roles as a mother, philanthropist and businesswoman.

Brad Morris serves as Vice President of Global Logistics and Fulfillment. He joined Nu Skin Enterprises in 1988 as a warehouseman and later became Warehouse Supervisor, Manager and Managing Director. He has served as the President of the Salt Lake Area Chapter of the Warehouse Education and Research Council. Mr. Morris earned a B.S. in business administration and a M.S. in business administration from the University of Phoenix.

Brian Lords serves as Vice President, Treasurer. Since joining the company in 1991 he has served in the finance capacities of Assistant Director of Finance and Accounting, Canadian Controller, Budget Director, Nu Skin International Controller and Senior Director of Finance/Treasurer. Prior to joining Nu Skin Enterprises, he worked as an auditor for the international accounting firm of Deloitte and Touche in Salt Lake City, Utah. Mr. Lords is a Certified Public Accountant, and earned a B.S. in accounting from the University of Utah and an M.B.A. from Utah State University. He is a member of the American Institute of Certified Public Accountants, Utah Association of Certified Public Accountants and other business associations.

Chris Nielson serves as Vice President of Corporate Finance. Prior to this appointment, Mr. Nielson served as Corporate Controller from 1997 to November 2002. From 1995 to 1996, he served as Assistant Director of New Market Development. Mr. Nielson is a Certified Public Accountant. Prior to joining Nu Skin Enterprises, Mr. Nielson worked for the accounting firm of PricewaterhouseCoopers LLP (formerly Coopers & Lybrand LLP). He earned a B.S. and a Master of Accountancy degree from Brigham Young University.

Dan Thorstenson, Vice President of Sales of Nu Skin Enterprises, East Europe. Dan has been working at NSE for ten years. He has gained experience at the company’s most different divisions at the headquarter, at Provo. He is an outstanding expert, leader and friend. During his 18-month East European work the business in the region has been multiplied. He is going to be a member of the corporate marketing management again from April in Provo.

Dane Van Pelt was appointed Vice President of Finance, Tax and Customs in November 2002. Mr. Van Pelt has led the company's tax and customs department since 1992. Prior to joining Nu Skin Enterprises, he worked in the public accounting industry for 10 years. Most recently, he worked for PricewaterhouseCoopers in the Los Angeles and Salt Lake City offices specializing in international tax. He is a member of the Tax Executives Institute, American Institute of Certified Public Accountants, Utah Association of Certified Public Accountants and is the chairman of the International Tax Committee for the Direct Selling Association. Mr. Van Pelt graduated from Brigham Young University with a Master's degree in Accounting, emphasis in taxation.

Elizabeth Thibaudeau serves as Vice President Global Marketing for Nu Skin Enterprises. Most recently she served as Vice President of Marketing and Message Branding for the Americas and Europe. She has been responsible for many marketing initiatives including the development and management of the product pipeline, as well as defining the strategic direction for marketing programs. Thibaudeau also oversaw the development and global launch of Nu Skin Clear Action, Epoch Baby, and Perennial Intense Body Moisturizer. She has a broad range of experience in domestic and foreign markets with a strong focus on new business and product opportunities. Before joining Nu Skin in 1996, Thibaudeau worked in the advertising industry. Thibaudeau earned a bachelor’s degree in political science from Brigham Young University.

Greg Darlington serves as Vice President of Regional Marketing for the Americas and Europe since Sept. 2008. In this role, Darlington is responsible for integration of the company’s brand position and marketing message in the U.S. and Europe. Prior to his current assignment, Darlington worked in China where he served as Nu Skin China's Vice President of Sales and Development since March 2004 and before that as Nu Skin Taiwan's Vice President of Sales Development from 2002 to 2004. Joining Nu Skin Enterprises since 1989, he has over sixteen years of experience through serving in other roles such as Director of Marketing for Nu Skin, Pharmanex and Big Planet; Director of U.S. Marketing, and Director of Web Services. Darlington earned a B.A. in international relations from Brigham Young University and an M.B.A. from Rutgers University. Recently, he was appointed to the Business Advisory Council of the Miami University of Ohio Farmer School of Business.

Dr. Helen Knaggs has more than 18 years of experience in skin research and product development. Her expertise in skin and hair biology has helped produce numerous publications and patents. She currently serves as vice president of Nu Skin Global Research and Development where she works closely with the Nu Skin Professional Advisory Board to identify the latest research and trends in skin care for the Nu Skin brand. Previous to her appointment at Nu Skin, Dr. Knaggs worked for Unilever in the United States and Asia. Most recently, she was the Southeast Asia development manager for skin care products and worked with the company's Aviance brand in Thailand. In addition, Dr. Knaggs spent several years as a research biochemist in the dermatology department of Leeds General Infirmary where her work involved clinical and lab research, interpretation of trial results and data reporting to corporate and scientific communities. Dr. Knaggs earned bachelor's degrees in biochemistry and pharmacology, and a doctorate degree from the Department of Biochemistry and Molecular Biology at the University of Leeds, a premier institution in England.

Jack Peterson serves as Vice President of Corporate Strategy and Development. Prior to this position, he served as Vice President of Business Development for Pharmanex. Jack has been actively involved in introducing the network marketing industry to the power of technological advances. He led the effort to develop the first VIP automated voice system for Nu Skin Enterprises. Before coming to the company, he served as Vice President and General Manager at 2021 Interactive. There, he helped develop marketing strategies for business startups and built complex compensation plans to revitalize failing companies. Prior to his involvement with 2021, he was an investment executive with Piper Jaffray.

Jack Peterson serves as Vice President of Corporate Strategy and Development. Prior to this position, he served as Vice President of Business Development for Pharmanex. Jack has been actively involved in introducing the network marketing industry to the power of technological advances. He led the effort to develop the first VIP automated voice system for Nu Skin Enterprises. Before coming to the company, he served as Vice President and General Manager at 2021 Interactive. There, he helped develop marketing strategies for business startups and built complex compensation plans to revitalize failing companies. Prior to his involvement with 2021, he was an investment executive with Piper Jaffray.

Jim Frary acts as the Vice President of Business Integration for Information Technology. Frary has been with Nu Skin Enterprises since 1998 and has held several roles in IT, most recently serving as Vice President of Infrastructure and Application Development. During his tenure with the company, Frary has been heavily involved in building robust technology systems to enable the company's operations in all of their global markets. Prior to joining Nu Skin Enterprises, Frary held engineering and management positions with Computer Science Corporation, Electronic Data System, Ameritech and First Health. He is also a member of the Institute of Electrical and Electronic Engineers, the Society for Information Management, and the customer advisory boards of both HP and Oracle. Frary earned a bachelor's degree in electronic engineering technology from Brigham Young University.

Jodi Durrant joined Nu Skin Enterprises in 1986 and is currently Vice President of Events and Distributor Recognition. Jodi oversees global events including the annual sales incentive trip and global convention. Additionally, she is responsible for the development and management of global distributor recognition programs. She is a member of Meeting Professional International and sits on the Board of Directors for the Utah Valley Convention and Visitor's Bureau. Jodi earned her B.A. degree in Communications from Brigham Young University.

Johnathan Kunz was appointed Assistant General Manager and Vice President of Sales Development for Nu Skin Taiwan in April 2004 and resides in Taipei with his family. His responsibilities over sales development include promoting the business opportunity and providing training and business support for distributors. His prior experience in the company includes roles in Corporate Development and Global Business Opportunity Development. There he contributed to the development of business opportunity in existing markets as well as new markets including China and Israel. He joined Nu Skin Enterprises in 1997 as an account manager working with Executives in the US. Mr. Kunz earned a B.A. and M.B.A. degrees from Brigham Young University.

Justin has been in the network marketing industry for 17 years. Throughout his career, he has focused on supporting distributor success. After beginning his career with Nu Skin Enterprises in 1989 he quickly advanced into management roles with product marketing and played a key part in the company's expansion into Mexico. His experience has focused on distributor success. In 1996 he accepted a position with AVEDA Inc. in Minneapolis, Minn., where he helped introduce the company's first nutritional network marketing business opportunity. Prior to returning to Nu Skin Enterprises in April 2000, he held key sales positions at Melaleuca and USANA.

Mike Smith serves as Regional Vice President over South Asia and the Pacific as well as Vice President of Government and Industry Affairs. Previously, he held positions as Vice President of North Asia and Asian Operations, General Counsel and Director of Legal Affairs for Nu Skin International. He came to Nu Skin International in 1990 from the U.S. Attorney's office, where he served for 1 year. Prior to that, he served at the Utah Attorney General's Office for ten years. He also served six years with the Judge Advocate General's Corps of the U.S. Army. He is a retired full colonel in the U.S. Army Reserve. Mr. Smith earned B.S. and M.A. degrees from Brigham Young University and a J.D. degree from the University of Utah.

Owen Messick was appointed as vice president of finance for Asia in August of 2003. In this role, Mr. Messick leads the finance and accounting teams for all of the company's Asian entities. Mr Messick joined Nu Skin Hong Kong in September of 1991 as the finance manager in Hong Kong and gradually assumed the role of the Asian regional controller. Prior to joining Nu Skin, he worked for the international accounting firms of Ernst and Young and Arthur Andersen specializing in the taxation. As a certified public accountant, Mr. Messick graduated from Brigham Young University with a master's and bachelor's degree in 1987.

Ryan Napierski was recently appointed vice president of business development for the North Asia region. Prior to his current appointment, Napierski fulfilled a dual role for the company as he oversaw corporate strategy for the Japan market and acted as vice president of global business development for corporate distributor success where he was responsible for the global compensation plan, business analytics and the new market development activities. Since coming to Nu Skin in 1995, Napierski has had several assignments including acting as the general manager for the United Kingdom, vice president of european business development and key account manager for United States executives. Napierski has a bachelor's degree in business, a master's degree in business administration from Duke University and a master's degree in international business from Goethe Universitat in Germany.

Agung Karso Sardjono currently serves as general manager of Nu Skin Indonesia. Mr. Agung holds extensive experience in direct selling, including 15 years with PT AVON Indonesia. Starting his career as a management trainee in 1990, Mr. Agung was a fast learner as shown by excellent records in various positions he held, including national sales manager and sales director. Prior to employment with Nu Skin Enterprises, Mr. Agung served as the president director of PT AVON Indonesia where he was responsible for the overall business strategy and company direction in Indonesia. At that time, Mr. Agung was an active member of the Indonesia Direct Selling Association, where he served as secretary in the organization. His current position as general manager of Nu Skin Indonesia is a challenging task. However, as a process-oriented person, Mr. Agung has a great belief that the combination of good culture, people, compensation plan and company concern on social responsibility will bring Nu Skin into success. Born in Indonesia in 1963, Mr. Agung earned a degree in Civil Engineering from the Sepuluh Nopember Institute of Technology, Surabaya in 1988, and received his MBA through Widya Wiyata Management program from Graduate School of Management PPM, Jakarta in 1990.

Giovanni Lopez serves as the Director of Nu Skin in Mexico and Guatemala. He previously served as General Manager of Guatemala from 1995 to 2002. He joined the company in 1995, and prior to that worked for nine years in Sales and Marketing. He also worked for the National Parks Institute of Guatemala where he helped develop programs aimed at using natural resources more efficiently. Mr. Lopez studied Business Management at the University of San Carlos de Guatemala.

Andrew D. Lipman has been a partner and head of the Telecommunications Group of Swidler Berlin Shereff Friedman, LLP, a Washington D.C. law firm since 1988. He is currently Vice Chairman of the firm. From 1987 to 1997, Mr. Lipman also served as Senior Vice President for Legal and Regulatory Affairs for MFS Communications, Co.,

Carlos Perez currently serves as Senior Director of Latin America. In that capacity he is responsible for all local operations. Mr. Perez has been with Nu Skin Enterprises for more than 10 years. Previously, he has acted as Director of Sales and Marketing for Latin America and Canada, General Manager of Nu Skin Mexico, General Manager for Nu Skin Puerto Rico and has worked with many other Hispanic markets, China, Japan and the United States. He holds degrees from Los Andes University in Colombia, Brigham Young University and is also pursuing a Master's degree in Global Business.

D. Allen Andersen has served as a director of our company since May 2004. Mr. Andersen currently is a Senior Adviser to the Sun Hung Kai Properties Direct Investments Ltd., the private equity arm of the Sun Hung Kai Properties Group, and has worked for Sun Hung Kai Properties since 2005. He was a Managing Director of PAMA Group (Hong Kong) Ltd., an Asia-based private equity investment firm, from 1998 to 2005. From 1997 to 1998, Mr. Andersen was a Managing Director of Asia Access Investment Company, and from 1996 to 1997 he was Executive Vice President in Hong Kong for Richina Group, a Chase Capital invested investment fund. From 1985 to 1995 Mr. Andersen served as Senior Vice President and General Manager, Asia Industries Division V Hong Kong for the Continental Grain Company, and he served as its Vice President and Chief Financial Officer from 1983 to 1989. Prior to that, he served in various financial positions for General Mills, Inc. between 1977 and 1983. He received an M.B.A. degree from Harvard University.

Janet Lephart serves as senior director of research and development for the Nu Skin division. She joined Nu Skin in 1994 as a senior scientist in product development and from 1998-2000 developed AP-24 Oral Care while serving as director of product management for the Nu Skin division. Prior to joining the company, Lephart was a project director in new product development for Novartis Pharmaceutical Co. and was director of Internal Medicine/Endocrinology Research Laboratories at Southwestern Medical School. At Nu Skin she successfully directed the R&D product launches of Galvanic Spa™ System, Tru Targeted Treatments, Nutricentials™ Skin Care, and the Tri-Phasic White™ System. She has a Bachelor of Science in chemistry and biology from the University of Texas.

Jia-Shi Zhu, Ph.D., is the Director of Pharmacology and Clinical Affairs, with expertise in medicine (western & TCM), gastroenterology, physiology, pharmacology, enzymology, and membrane protein biochemistry, and the Director of the Beijing Clinical and Pharmacology Center of Pharmanex. Prior to Pharmanex, Dr Zhu was a consultant in Medicine and TCM, and had held various research positions in China and the U.S., including Beijing Friendship Hospital, Capital Institute of Medical Sciences, GI Function Testing Lab and Stanford University School of Medicine. As a veteran in the Pharmacology and Clinical Affairs, Dr Zhu has more than 26 articles and abstracts published in peer-reviewed journals, and has attended and given more than 59 international presentations. Dr Zhu has also been awarded prestigious honors, such as the DDC research award by the Digestive Disease Center of The Stanford University and the Medical Research Award for GI Motility Studies in China. He was also members of many recognized associations such as The Protein Society, American Federation of Medical Research and the American Association for the Advancement of Science, and is now member of the American College of Sports Medicine. Dr Zhu holds a Ph.D. in Molecular and Cellular Physiology from the Stanford University School of Medicine.

Dr. Li Yi Min recently joined Pharmanex China research team as Associate Director, New Product Development in the Shanghai Research and Development facility. Dr. Li comes to Pharmanex with an extensive research and scientific background. Before joining Pharmanex, he was an associate professor at Shanghai Institute of Materia Medica, Chinese Academy of Sciences and led a research team developing new drugs from traditional Chinese medicine. Dr. Li received his Ph.D. in natural medicinal chemistry from the Shanghai Institute of Materia Medica in 1998. He had his postdoctoral training at the Shanghai Institute of Organic Chemistry, Chinese Academy Sciences. Later he continued his postgraduate work at University of California, Davis.

Patricia Negron has served as a director of our company since June 2005. Ms. Negron is currently an independent business consultant, author and advisor to Goode Partners, LLC. In 1999, Ms. Negron launched the financial advisory group at Breakaway Solutions, an internet consulting firm, which she managed until 2001. From 1996 to 1999, Ms. Negron was a research analyst at the investment banking firm of Adams Harkness & Hill. She began her career in 1992 as an equity analyst in the asset management division of the United States Trust Company of Boston. She received a B.S. degree from Armstrong Atlantic State University and a Certificate of Special Studies in Administration and Management from Harvard University Extension School.

Paula F. Hawkins has served as a director of our company since March 1997. Senator Hawkins has been the President of Paula Hawkins & Associates, Inc., a management consulting company, since 1988. From 1980 to 1987, Senator Hawkins was a member of the United States Senate and served on numerous Senate Committees. Prior to her election in the Senate, Ms. Hawkins served on the Board of the Rural Electric Administration, the Federal Energy Administration (founding member), and as Vice Chairman of the Republican National Committee. She also served as Chairman of the Florida Public Service Commission. Senator Hawkins attended Utah State University and holds honorary degrees from Utah State University, Rollins College, Nova University and Bethune Cookman College.

Lih-Wen Ding is the Quality Control Manager at Pharmanex. She holds an M.S. from the University of Illinois at Champaign-Urbana. Her previous experience includes Quality Assurance Supervisor, Animal Health and Nutrients Division of Cyanamid Taiwan Corporation, Chemist, Technical Department in Cyanamid Taiwan Corporation and a Teaching Laboratory Specialist, Department of Food Science at University of Illinois, Champaign-Urbana. Her professional accomplishments include preliminary examination on the cooling of artificial muscle, effects of oleic acid on the functional properties of starch extradites and the application of lipids during the extrusion cooking of starches.

Dr. Ma's worked previously as a visiting scientist at Toyama Medical & Pharmaceutical University in Japan, and was a postdoctoral fellow at the University of California at Los Angeles. His professional accomplishments and publication include 10 papers.

Professor Zhuang was also the Deputy Director of Society Shanghai Bio-Pharmaceutical Society and the member of Committee of Shanghai Biochemical Society. He has published about 50 papers and is the co-author of 5 books.

Dr. Angela Mastaloudis followed up her Masters in nutrition science with her Doctorate in exercise physiology from Oregon State University in 2004. After completing her graduate studies, Dr. Mastaloudis joined the Pharmanex team. She specializes in antioxidants and oxidative stress and is passionate about nutrition and physical activity and their impact on wellness, quality of life and prevention of chronic disease. Through her research with the Linus Pauling Institute, and through continuous research, Dr. Mastaloudis has become an expert on vitamins E and C and has been extensively published in "Free Radical Biology and Medicine," as well as other scholarly publications. Dr. Mastaloudis is affiliated with the American Society for Clinical Nutrition, the Society for Free Radical Biology and Medicine and the American College of Sports Medicine. In her role, she is involved in a variety of R&D projects related to general and antioxidant nutrition.

Previously, Perez served as the company's multicultural sales and marketing director for the Americas. In addition, he served as the general manager of Mexico and Puerto Rico.

Dr. Diana Fort holds a Ph.D. in Organic Chemistry from the University of Missouri - Columbia. Dr. Fort is a postdoctoral fellow and scientist at Shaman Pharmaceuticals. Dr. Fort has 20 years of experience in Natural Products research and in the development of pharmaceutical products from plants as antifungals, antivirals, and for the treatment of Diabetes. Dr. Fort has published 15 scientific papers and is the inventor of 10 patents. She is a member of the American Chemical Society and the American Society of Pharmacognosy.

Richard Tseng, Ph.D. is the Senior Director of Quality Control and Quality Assurance for Pharmanex. Dr. Tseng received a Ph.D. in Clinical Chemistry from Cleveland State University. Dr. Tseng was the Section Chief in Pathology Department at Chung Gung Memorial Hospital, responsible for biochemical tests for a 7000-bed hospital. He was the QC Manager at Lederle Taiwan responsible for Quality control for dietary supplement, OTC and prescription drugs. The dosage forms included hard shell and soft shell capsules, tablet, parenteral, cream, liquid, powder, and ointment. Dr. Tseng worked as the Technical Director, Cyanamid Taiwan, responsible for new product development for animal drugs and animal feed supplements, QA and QC operations and responsible for antibiotic (Chlortetracycline) fermentation. He has over 10 years of experience in the dietary supplement, pharmaceutical, animal drug, and antibiotic fermentation. Prior to joining Pharmanex, Dr. Tseng served as Technical Director of American Home Product in Taiwan, where he supervised quality control and product development. Dr. Tseng is a member of American Clinical Chemist Association.

Sherman Chen works as the General Manager of Zhejiang Cinogen Pharmaceutical Co., Ltd. Sherman was responsible for the application and start-up of Cinogen and is currently responsible for the operations of Cinogen. Sherman worked previously as the Plant Director of Zhejiang Anjie Pharmaceutical Plant (TCM/Western drug), and as a Technician for Zhejiang Anjie Pharmaceutical Plant. Sherman participated in and organized the trial production and registration for several new products. He was responsible for research of China 3rd-class new drug "Canluyin" and for the construction of 35000M2 new plant of Anjie Pharmaceutical. Sherman is a Pharmacist and an Engineer. He was a member of the China Association of Pharmacy, Zhejiang Branch and was the Executive Director and Director on Industrial Field of China Association of Pharmacy, Huzhou Branch.

Ever since I came back to doing the business (two and one-half months ago), I have been getting by with very little sleep three to four hours on average. You better believe that I use a lot of Pharmanex's products. I swear by them.

Since 2001 Alex has played key roles in the successful growth of Nu Skin Enterprises' Hispanic Markets in the Americas region. Recently Alex has accepted an Expat assignment to be the General Manager for Nu Skin Mexico. Previously he also worked as the Sales & Marketing Manager in Mexico helping to increase sales and the distributor force in launching new products and compensation plan initiatives. Before working with Nu Skin Enterprises, he was a successful Independent Distributor for Nature's Sunshine in his native country Venezuela. He has more than 13 years of experience in the Direct Selling and Multi Level Marketing industry and loves working with people and traveling throughout Latin America and Mexico. Alex received a BS in Business Management with an emphasis in International Marketing from the Marriott School of Management at Brigham Young University.

As a board certified specialist in dermatology, Dr. Kimball advises Nu Skin on disorders such as psoriasis, atopic dermatitis, acne, and superficial basal cell carcinoma. She is the director of the Clinical Unit for Research Trials in Skin at Harvard Medical School and serves as chair of the Workforce Taskforce for the American Academy of Dermatology. A significant contributor to current medical literature, Dr. Kimball has presented her research at medical and scientific symposia worldwide. She received her medical degree from Yale University School of Medicine and her masters of public health degree from Johns Hopkins School of Public Health.

A specialist in high blood pressure and heart disease, Benjamin N. Chiang, M.D., is a member of the Pharmanex Scientific Advisory Board, Taiwan. He is also President of the International Lipids Information Bureau, Taiwan, and of the Research Foundation of Cardiovascular Medicine of Taiwan. For 10 years, Prof. Chiang was Dean of the School of Medicine of National Yang Ming University, Taiwan, and is now Professor Emeritus. Prof. Chiang's long and distinguished career has also included positions in the U.S. and U.K. He received his medical education at the National Defense Medical College, Taiwan, and at the University of London Institute of Cardiology and the University of Michigan School of Medicine and Public Health. In Taiwan, he has served as President of the Societies of Cardiology, Lipids and Atherosclerosis and Internal Medicine. He is Editor of the journals Echocardiography (U.S.) and Journal of the American Medical Association (SE Asia Edition). Prof. Chiang is the author of some 300 scientific publications.

Dr. Fuller was integrally involved in the development of the Nu Skin Tri-Phasic White System. His scientific expertise on the regulation of human skin pigmentation comes from more than 25 years of research and has led to 11 U.S. patents. As a molecular endocrinologist, Dr. Fuller has investigated numerous skin-derived hormones, and his research interests include inflammatory skin conditions. Dr. Fuller is currently an associate professor of biochemistry and molecular biology at the University of Oklahoma Health Sciences Center and an adjunct professor in the Department of Dermatology.

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.

Prof. Zhang De Cheng serves as Director of China Research & Development of Pharmanex. He is mainly responsible for product research and development, coordination with the pharmacology and clinical affairs department for quality control. After graduated from Shanghai First Medical College, Prof. Zhang lectured and conducted research in the University, with his expertise in radiation chemistry, organic chemistry, phytochemistry, and the interpretation of organic compound spectra. Invented products include "Lei Gong Teng Duo Dai" and "Deng-Zhan-Hua Capsule". Prof. Zhang has studied in the U.S. and Japan, and authored and co-authored 30 papers. Prior to joining Pharmanex, Prof. Zhang had been the Professor and Department Head of Natural Drugs, School of Pharmacy, Shanghai Medical University; the council member of Shanghai Branch, Chinese Pharmaceutical Society and the Vice-Chairman of the Association of Medicinal Chemistry and Natural Products, Shanghai Branch, Chinese Pharmaceutical Society.

E.J. "Jake" Garn has served as a director of our company since March 1997. Senator Garn served as a Managing Director of Summit Ventures, LLC, a lobbying firm, from 2000 to 2004. From 1993 to 2000 he served as the Vice Chairman of Huntsman Corporation, one of the largest privately held companies in the United States at the time. He currently serves on the boards of directors of Franklin Covey & Co., Inc., a provider of time management seminars and products and Headwaters, Inc., a provider of products, technologies and services to the energy, construction and home improvement industries. From 1974 to 1993, Senator Garn was a member of the United States Senate and served on numerous Senate Committees. He received a B.S. degree from the University of Utah.

Author of Immunmodulatory Agents from Plants (Birkhauser Verlag, Basel, 1999), Dr. Hildebert Wagner has studied Pharmacy since 1950. He is the author of 7 other books including: Plant Drug Analysis (Springer Verlag Heidelber, 1996), and Drugs and Drug Constituents (Wissenschaftliche Verlagsgesellschaft Stuttgart, 1998), as well as authoring over 900 other scientific publications. Dr. Wagner was made a Full Professor of Pharmacognosy in 1965, and later served as Director of the Institute of Pharmaceutical Biology in Munich until 1999. He has been distinguished by many international scientific institutions including the Universities of Ohio, Budapest and Debrecen, Dijon, and Helsinki for his work in Pharmacy. Dr. Wagner sits on advisory/editorial boards for Phytochemistry, the Journal of Ethnopharmacology, the Journal of Natural Products, as well as serving as Editor for the International Journal of Phytomedicine.

The very first research on ginkgo biloba, 30 years ago, was the work of Prof. Koji Nakanishi, Ph.D., who isolated the active component of ginkgo extract. A scientist described as one who has "transformed the field of natural products chemistry," Dr. Nakanishi is not only one of the most honored in his field but also the mentor of so many others that a list of his former students reads like a Who's Who in research. In 1999, a group of these scientists published The Biology - Chemistry Interface: A Tribute to Koji Nakanishi. Professor Nakanishi has been on the faculty of Columbia University's Department of Chemistry for 30 years, is a former chairman of the department and since 1980 has held the title of Centennial Professor. In what has been referred to as "an extraordinarily productive career," he has opened the doors to fuller understanding of natural products by determining the chemical structure of nearly 200 bioactive compounds and how they function to affect human, plant and animal life. He has been given awards by nearly a dozen nations and numerous scientific organizations. In an unusual international alliance, a major prize was named for him; the Nakanishi Prize of the American Chemical Society and the Chemical Society of Japan. He has published 700 scientific papers and written nine books, including an autobiography, A Wandering Natural Products Scientist (1991). And, when Dr. Nakanishi appears to receive an award or present a scientific paper, the audience usually is in for an added treat - his famous talents as an accomplished magician. On November 26, King Faisal Foundation announced that the King Faisal International Award for this year will be given to 6 people including Dr. Koji Nakanishi. This award is the so called Arabian Nobel prize. In the area of science the prize for this year will be shared between Dr. Nakanishi and Prof. Hawthorn of Univ. of California.

The author of one book and 86 scientific publications, Dr. Lars Bohlin has spent the last 30 years studying, researching, and teaching Pharmacy. Dr. Bohlin began his career with a Masters of Science in Pharmacy at Uppsala University in Sweden, and went on to receive his Doctor of Pharmacy there as well. He currently serves at the Deputy Head of the Department of Pharmacy at Uppsala, while maintaining his status as Professor on the faculty. He is widely consulted as an expert by both private and public organizations, and sits on numerous research councils. A native of Stockholm, Sweden, Dr. Bohlin has contributed on many levels--both his own community, serving as the Chairman of the Board for the Department of Pharmacy at Uppsala, and internationally. He sits on editorial or advisory boards for such scientific journals as Phytotherapy Research, Phytomedicine, J. Ethnopharmacology, Planta Medica, and others.

Feng-Lin Hsu received his Bachelor of Science in Pharmacy School of Pharmacy, Taipei Medical College Taipei, Taiwan; His Masters of Pharmaceutical Sciences, Division of Pharmaceutical Sciences, Graduate School Kyushu University, Fukuoka, Japan; and his Ph.D. of Pharmaceutical Sciences Division of Pharmaceutical Sciences.

Providing ethnobotanical expertise, Dr. Balick works with both Nu Skin and Dr. Paul Alan Cox in the development of products for the Epoch product line. He has become a leading figure in the field of ethnobotany by studying the powerful relationship between plants and people for nearly three decades. Dr. Balick's research focuses on remote regions of the tropics where he works with indigenous cultures. In 1981, he cofounded The New York Botanical Garden's Institute of Economic Botany, currently the largest and most active program of its kind in the nation. Dr. Balick also cofounded the Ix Chel Tropical Research Foundation, a center in Belize devoted to traditional healing and cultural preservation.

Throughout the islands of Polynesia and Southeast Asia, Dr. Cox is known as "Nafanua," one of the highest chief titles in Samoa. The Samoan people conferred this title upon him in 1989 for his diligence and work in rain forest preservation. Dr. Cox is also known as one of the world's top ethnobotanists scientists who study the use of plants by indigenous people. His relationship with Nu Skin has led to the creation of numerous Epoch products, which offer ethnobotanical solutions that respond to skin concerns in a natural, comforting, and therapeutic way. Dr. Cox is also the founder and chairman of the Seacology Foundation, an organization that assists in preserving island rain forests and cultures.

President and CEO, Overseas Military Sales Corp. Pisano's career has spanned 40 years, with 25 years in the direct selling industry. A seasoned veteran from Avon, Pisano held key leadership positions at the company including vice president of global business development, area vice president for the Americas, area vice president for Latin America/Pacific. Currently, Pisano serves as president and chief executive officer of Overseas Military Sales Corp. which operates in 30 countries worldwide. Prior to this role, Pisano worked as the company's chief operating officer for five years. He also spent two years as vice president and head of The Topps Company's international division. Pisano graduated from Georgia Institute of Technology with a bachelor's degree in industrial management, and holds a master's of business administration from Dartmouth College with an emphasis in finance and marketing.

Dr. Draelos worked extensively with Nu Skin to create the Nu Skin Profiler and conducted clinical research on the use of Tru Face Revealing Gel with Polishing Peel, as well as studies on Tru Face Line Corrector and Tru Face IdealEyes. She serves on the board of directors for the American Academy of Dermatology and has a research interest in cosmetics, toiletries, and biologically active skin medications. Dr. Draelos is a practicing, board certified dermatologist in High Point, North Carolina, and editor of the Journal of Cosmetic Dermatology.