USANA CEO-to-be Jim Brown gets $800K base salary; Kevin Guest base cut to $750K as Executive Chair

USANA HEALTH SCIENCES INC

Jim Brown's annual base salary as CEO increases from $627K to $800K effective July 1, 2023.
Kevin Guest's base salary as Executive Chair reduces from $945K to $750K effective July 1, 2023.
Both remain eligible for Executive Bonus Plan (Brown at 100% of base target, Guest at 50%).
Both continue eligibility for equity grants under 2015 Plan, 401K, and medical benefits.
Compensation approved by Compensation Committee on May 10, 2023; disclosed via 8-K/A amendment.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Jim Brown

Chief Executive Officer

USNA · USANA HEALTH SCIENCES INC

Effective: 2023-07-01
Filed: May 12, 2023, 7:59 PM ET

its Board of Directors (the “Board”) appointed Jim Brown as the Company’s Chief Executive Officer effective July 1, 2023

Role change

Kevin Guest

Executive Chairman

USNA · USANA HEALTH SCIENCES INC

Effective: 2023-07-01
Successor: Jim Brown
Filed: May 12, 2023, 7:59 PM ET

Mr. Brown will succeed Kevin Guest, who will transition to Executive Chairman of the Company on the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jim Brown was appointed as Chief Executive Officer at USANA HEALTH SCIENCES INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

its Board of Directors (the “Board”) appointed Jim Brown as the Company’s Chief Executive Officer effective July 1, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Guest changed role as Executive Chairman at USANA HEALTH SCIENCES INC.

Action: transitioned
Role: Executive Chairman

Exact text from the filing

Mr. Brown will succeed Kevin Guest, who will transition to Executive Chairman of the Company on the Effective Date.

View on SEC.gov

USANA HEALTH SCIENCES INC filing history →

Source: SEC EDGAR

accession 0001157523-23-000832

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