Nature's Sunshine CFO Joseph Baty to retire Sept 30; Jonathan Lanoy named Interim CFO

NATURES SUNSHINE PRODUCTS INC

CFO Joseph Baty retiring effective September 30, 2022; search for permanent CFO underway.
Jonathan Lanoy promoted to SVP Finance and Interim CFO; previously VP Finance and Corporate Controller since 2017.
Lanoy receives $269,000 base salary, 40% target bonus, $150,000 success bonus upon 10-K filing, and $150,000 RSU grant.
Lanoy was with Ernst & Young; holds CPA and Masters from Weber State.
Employment agreement includes 12-month severance and non-compete upon termination without cause.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Jonathan D. Lanoy

Interim Chief Financial Officer

NATR · NATURES SUNSHINE PRODUCTS INC

Effective: 2022-09-06
Filed: September 6, 2022, 7:59 PM ET

The press release also announced the promotion of Mr. Jonathan D. Lanoy to the position of Senior Vice President, Finance effective immediately.

Departed

Joseph W. Baty

Executive Vice President, Chief Financial Officer

NATR · NATURES SUNSHINE PRODUCTS INC

Effective: 2022-09-30
Successor: Jonathan D. Lanoy
Filed: September 6, 2022, 7:59 PM ET

On September 6, 2022, Nature’s Sunshine Products, Inc. (the “Company”) issued a press release announcing that Mr. Joseph W. Baty, the Company’s Executive Vice President, Chief Financial Officer will retire from the Company effective September 30, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jonathan D. Lanoy was appointed as Interim Chief Financial Officer at NATURES SUNSHINE PRODUCTS INC.

Action: promoted
Role: Interim Chief Financial Officer

Exact text from the filing

The press release also announced the promotion of Mr. Jonathan D. Lanoy to the position of Senior Vice President, Finance effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Joseph W. Baty departed as Executive Vice President, Chief Financial Officer at NATURES SUNSHINE PRODUCTS INC.

Action: retire
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

On September 6, 2022, Nature’s Sunshine Products, Inc. (the “Company”) issued a press release announcing that Mr. Joseph W. Baty, the Company’s Executive Vice President, Chief Financial Officer will retire from the Company effective September 30, 2022.

View on SEC.gov

NATURES SUNSHINE PRODUCTS INC filing history →

Source: SEC EDGAR

accession 0000275053-22-000020

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