Get breaking news alerts via email

Click here to manage your alerts
Usana executive shakeup sends shares lower

First Published Dec 14 2012 04:50 pm • Last Updated Apr 08 2013 11:33 pm

Shares of Usana Health Sciences Inc. fell 8.2 percent on Friday after the company announced management changes that saw the resignation of its COO and a new role for its chief financial officer.

The stock closed at $38.42, down $3.45 a share on the New York Stock Exchange. Usana is a maker of nutritional and personal care products.

Join the Discussion
Post a Comment

Doug Hekking stepped down as CFO "to attend to family health matters and his desire to serve in a more targeted role within the company," Usana said in a news release. He will assume a strategic role supporting finance and operations. Paul Jones, vice president of human resources, will be interim CFO.

Roy Truett resigned as chief operating officer, said Usana, which gave no explanation for his departure. With Truett’s departure, Chief Production Officer Jim Brown will report directly to CEO Dave Wentz, the release said.

Usana also announced that Rick Stambaugh, a former president and CEO of TekVation and the Fionda Group, was named chief information officer. Lori Truman was promoted to VP of U.S. field development.

Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment

About Reader Comments

Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.