leadership
confidence high
sentiment positive
materiality 0.60
LifeVantage names Terrence Moorehead CEO; current CEO Steve Fife retiring Apr 30
Lifevantage Corp
- Steve Fife retires as President and CEO effective April 30, 2026; transition agreement with advisory through Sept 11, 2026.
- Terrence Moorehead appointed President, CEO and Board member effective August 5, 2026; formerly CEO of Nature's Sunshine Products 2018-2025.
- Michael Beindorff appointed Interim CEO from May 1 to Aug 4, 2026; paid $45,833/month under consulting agreement.
- Moorehead compensation: $850k base salary; annual cash bonus target up to 100%; RSUs of $2M (3-yr vest) + $800k prorated; PSUs of $3.5M + $1.2M (revenue/EBITDA targets).
- Transition benefits for Fife: medical premiums up to 18 months, prorated FY2026 bonus, continued RSU/PSU vesting through transition term.