Management - Executive Committee

M. Truman Hunt
President, Chief Executive Officer

Truman Hunt was appointed President of Nu Skin Enterprises in January 2003. Mr. Hunt assumed the role as Chief Executive Officer at the annual shareholder meeting in May 2003, succeeding prior CEO Steve Lund, who accepted a three-year leadership assignment in the missionary program of The Church of Jesus Christ of Latter-day Saints.

Mr. Hunt is also active in industry associations, currently serving as chairman of the World Federation of Direct Selling Associations (WFDSA). As chairman, he is committed to expanding the influence of local direct selling associations, fostering a positive regulatory environment, further strengthening industry ethics and increasing the stature of direct selling among our key constituencies.

Prior to his current appointment, Mr. Hunt served as Vice President and General Counsel of Nu Skin Enterprises from May 1998 to January 2003. He was also named Executive Vice President of Nu Skin Enterprises in January 2000 and served as Vice President of Legal Affairs from September 1996 to May 1998. Prior to joining Nu Skin Enterprises, he was President and Chief Executive Officer of Better Living Products, Inc., a Nu Skin affiliate involved in the manufacture and distribution of houseware products sold through traditional retail channels. Prior to joining Better Living Products in 1991, he was a securities and business attorney in private practice. Mr. Hunt earned a B.S. degree from Brigham Young University and a J.D. degree from the University of Utah.

Joseph Y. Chang, Ph.D.
Chief Scientific Officer and Executive Vice President, Product Development

Joseph Y. Chang, Ph.D., was appointed Chief Scientific Officer and Executive Vice President of Product Development in March 2006. Dr. Chang enjoys a comprehensive knowledge of both the pharmaceutical and dietary supplement industries and serves as a member of the Executive Committee for Nu Skin Enterprises. He formerly served as president and chief scientific officer of Pharmanex. Prior to Pharmanex, Dr. Chang served as both president and chief scientific officer at Binary Therapeutics, Inc. from 1994 to 1997 and at OsteoArthritis Sciences, Inc. from 1991 to 1994. He has also held various executive research management positions at Wyeth-Ayerst, Rhone Poulenc Rorer and other biotechnology companies, where he was involved in researching natural products for arthritis and cancer treatment. A prolific author, Dr. Chang has published numerous articles, reviews and books on pharmacological research during his 18 years in the health care industry.

Daniel R. Chard
Executive Vice President, Distributor Success

Daniel Chard was promoted to the position of Executive Vice President of Executive Success in March 2006. Prior to his current appointment, Chard served as President of Nu Skin, Europe. He has worked in a variety of strategic management positions including Senior Vice President of Marketing and Product Management at Broadlane and Promedix (subsidiary of Ventro Corporation). He has also worked as Vice President of Marketing and Product Management for Big Planet and as a Senior Director of Marketing and Product Development at Pharmanex. Prior to joining Pharmanex, Chard worked for PUR, Recovery Engineering as the Director of Marketing. He also spent six years in marketing management with Pillsbury. Mr. Chard holds a B.A. degree in economics from Brigham Young University and an M.B.A. degree from the University of Minnesota.

Scott E. Schwerdt
President, Americas, Europe and Pacific

Scott Schwerdt was named President for the Americas and Europe in March 2006. Prior to his appointment, Schwerdt served as President of North America for Nu Skin Enterprises. He also served as Vice President of North America/South Pacific Operations from 1992-1996, and as Vice President of Europe for Nu Skin Enterprises from February 1996 to December 1998. He joined Nu Skin Enterprises in 1988 as a Communications Representative and in December 1989 became Director of Distributor Services. Prior to joining Nu Skin, he was a Senior Resource Manager at the Department of Defense in Washington, D.C. from 1984 to 1988. Schwerdt earned a B.A. degree in international relations from Brigham Young University.

Ritch N. Wood
Chief Financial Officer (CFO)

Ritch Wood was promoted to Chief Financial Officer in November 2002. Mr. Wood had served as Vice President of Finance since July 2002. He was promoted to Vice President, New Market Development in May 2001 after working as the Director of Finance, New Market Development since January 1997. Previously, Mr. Wood served as the Division Controller for Pharmanex. He also played a key role in opening many European countries for Nu Skin during an expatriate assignment from 1995 to 1997. Prior to his assignment in Europe, he served as the Assistant Director of International Tax. A certified public accountant, Mr. Wood worked for the international accounting firm of Grant Thornton prior to joining Nu Skin Enterprises in 1993. Mr. Wood earned a B.S. and Master of Accountancy, Taxation emphasis, from Brigham Young University in 1991.

D. Matthew Dorny
General Counsel, Chief Legal Officer

D. Matthew Dorny was appointed General Counsel and Chief Legal Officer in March 2006. Prior to this appointment, he served as Vice President and General Counsel, and Assistant General Counsel for Nu Skin Enterprises. Prior to joining Nu Skin Enterprises, Mr. Dorny was a securities and business attorney in private practice. Mr. Dorny received a B.A. degree and a J.D. degree from the University of Utah.