Truman Hunt Awarded CEO Of Year By Utah Business Magazine
The CEO and President of Nu Skin, Truman Hunt, was awarded the CEO of year by Utah Business Magazine. In fact, he will be highlighted in the magazine itself in their March 2012 edition.
Some of the accomplishments of the company itself since he has taken over are as reported here in the article:
· Record revenue of $1.74 billion in 2011, a 13 percent increase over the prior year.
· All-time high stock price helping Nu Skin become Utah’s top performing stock in 2011 according to the Salt Lake Tribune.
· ageLOC®, Nu Skin’s super-class of anti-aging products, has generated over $1 billion in sales over the past three years.
· Groundbreaking of a new $90 million Innovation Center at its corporate headquarters in Provo that will feature new anti-aging scientific laboratories, a network operations center, modern meeting spaces and an environmentally friendly design.
Now, the biggest figure that is being reported there is that of revenue growth, which is particularly hard in this global economy, while other companies are reporting global revenue going down overall.
While, admittedly, he has been with the company for over 9 years, he was still able to double revenue and increase their market capitilization by a factor of four during that time period.
The award in particular is selected from CEOs across the Utah State that have demonstrated leadership, and a tracked record of success, not just flash in the plan success as a one-time winner.
Truman Hunt was among a group of 7 seven other SEO’s selected by the magazine.
The CEO himself has been featured and spoken in the news recently on such prestigious news agencies as Bloomberg and Fox News.
During the Fox Interview in fact he was interviewed in mid-February because of a 140% increase in Nu Skin stock prices Year To Date at that time.