Nature's Sunshine appointed Katie A. May to its board, enhancing digital capabilities and shareholder value with her ecommerce experience.
Quiver AI Summary
Nature's Sunshine Products, Inc. has announced the appointment of Katie A. May to its board of directors, effective January 30, 2025. With this addition, the board will comprise ten members, nine of whom are independent directors. Chairman Richard D. Moss highlighted Ms. May's extensive experience in scaling high-growth consumer, ecommerce, and logistics companies, suggesting her expertise will enhance the company's digital capabilities and increase shareholder value. Ms. May is the former CEO and founder of Kidspot and has held leadership roles at ShippingEasy and Stamps.com. She also serves on several boards in the technology and education sectors.
Potential Positives
- Appointment of Katie A. May to the board of directors brings significant experience in scaling high-growth B2C and ecommerce companies, enhancing the company's digital capabilities.
- The board now consists of ten directors with nine being independent, which can strengthen governance and investor confidence.
- Ms. May’s extensive background in ecommerce and logistics is expected to drive shareholder value for Nature's Sunshine.
Potential Negatives
- Appointment of Ms. Katie A. May may suggest the board has been lacking in ecommerce expertise, prompting a need for such a change.
- The previous board's makeup, with only a few members having relevant ecommerce experience, could indicate potential strategic vulnerabilities in navigating the digital landscape effectively.
- Potential overreliance on a single new board member to enhance digital capabilities may raise concerns about the overall direction and innovation strategy of the company.
FAQ
Who has been appointed to Nature's Sunshine board of directors?
Ms. Katie A. May has been appointed to the board of directors effective January 30, 2025.
What experience does Katie A. May bring to Nature's Sunshine?
She has significant experience in scaling and leading high-growth B2C, ecommerce, and logistics companies.
How many directors are on Nature's Sunshine's board?
The board will consist of ten directors, with nine serving as independent directors.
Where did Katie A. May previously work before joining Nature's Sunshine?
Katie was the founder and CEO of Kidspot and later CEO at ShippingEasy.
What is Nature's Sunshine Products known for?
Nature's Sunshine is a leading manufacturer of high-quality herbal and nutritional supplements, distributing products in over 40 countries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NATR Insider Trading Activity
$NATR insiders have traded $NATR stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $NATR stock by insiders over the last 6 months:
- FOSUN PHARMACEUTICAL (GROUP) CO., LTD. SHANGHAI has made 0 purchases and 7 sales selling 13,195 shares for an estimated $175,134.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NATR Hedge Fund Activity
We have seen 38 institutional investors add shares of $NATR stock to their portfolio, and 46 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- KENNEDY CAPITAL MANAGEMENT LLC added 164,560 shares (+70.4%) to their portfolio in Q3 2024, for an estimated $2,241,307
- BOSTON PARTNERS removed 157,582 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $2,146,266
- PARADIGM CAPITAL MANAGEMENT INC/NY added 156,521 shares (+22.5%) to their portfolio in Q3 2024, for an estimated $2,131,816
- WASATCH ADVISORS LP added 131,174 shares (+23.2%) to their portfolio in Q3 2024, for an estimated $1,786,589
- NORTH STAR INVESTMENT MANAGEMENT CORP. added 74,550 shares (+inf%) to their portfolio in Q3 2024, for an estimated $1,015,370
- FIRST TRUST ADVISORS LP added 42,894 shares (+inf%) to their portfolio in Q3 2024, for an estimated $584,216
- DIMENSIONAL FUND ADVISORS LP added 39,271 shares (+5.0%) to their portfolio in Q3 2024, for an estimated $534,871
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LEHI, Utah, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Nature's Sunshine Products, Inc. (Nature's Sunshine) (NASDAQ: NATR), a leading manufacturer of high-quality herbal and nutritional supplements, today announced the appointment of Ms. Katie A. May to its board of directors effective January 30, 2025. Nature's Sunshine's board will now consist of ten directors with nine serving as independent directors.
"Katie brings significant experience scaling and leading high-growth B2C, ecommerce and logistics companies," said Richard D. Moss, Chairman of the Board of Nature's Sunshine. "Her deep understanding of the full ecommerce lifecycle will strengthen and enhance our digital capabilities and drive shareholder value."
Ms. May was previously the founder and Chief Executive Officer of Kidspot, an Australia based online publisher, eventually selling to News Corp in 2011. Katie became Chief Executive Officer at ShippingEasy, a Sydney based start-up in 2012, moved it to Austin, Texas, and built this ecommerce software solution to a leading player in the space, exiting to Stamps.com in mid-2016, joining their board in 2019. Following Stamps.com's acquisition of ShippingEasy, Katie also assumed leadership of St. Louis-based Shipworks, overseeing both companies until her retirement in 2020. Ms. May serves on the boards of directors of Vivi International Pty Ltd., Australian education technology company, since February 2020, ROKT Pte Ltd., a global leader in ecommerce marketing technology, since July 2020, and Onramp Funds, Inc., a financing technology platform, since March 2021. Ms. May previously served on the board of directors of Stamps.com, Inc. (formerly NASDAQ: STMP), a leading provider of mailing and shipping services, Thinkific Labs, Inc. (TSX: THNC), a cloud-based software company for creators, and Pitney Bowes Inc. (NYSE:PBI), a global shipping and mailing company. Ms. May received an M.B.A. from The University of Texas at Austin and B.B.A. in Accounting from The University of Texas at Austin.
About Nature's Sunshine
Nature’s Sunshine Products (Nasdaq: NATR), a leading natural health and wellness company, markets and distributes nutritional and personal care products in more than 40 countries. Nature’s Sunshine manufactures most of its products through its own state-of-the-art facilities to ensure its products continue to set the standard for the highest quality, safety, and efficacy on the market today. Additional information about the Company can be obtained at its website,
www.naturessunshine.com
.
Investor Relations
Gateway Group
Cody Slach
1-949-574-3860
NATR@gateway-grp.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/49c4065d-2ac6-4da6-8d22-fd0292cca275
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
