secwatch.observer — SEC 8-K summary
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Issuer:     NATURES SUNSHINE PRODUCTS INC (NATR)
CIK:        0000275053
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0000275053-22-000020
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/275053/000027505322000020/0000275053-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/275053/000027505322000020/natr-20220902.htm
  HTML page:      https://secwatch.observer/filing/0000275053-22-000020

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