Episode #109

Ritch Wood

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CEO Of NuSkin Talks How He Started At The Bottom & Built His Way To The Top Of One Of Utah's Largest Companies

 

 

Guest Bio:

 

Ritch Wood was appointed Nu Skin’s chief executive officer in 2017. Previously, Wood served in various capacities at Nu Skin including Chief financial officer, vice president of finance, vice president of new market development, director of finance of new market development and controller of the Pharmanex division. He also played a key role in opening many European countries for Nu Skin during an expatriate assignment from1995 to 1997. Prior to his assignment in Europe, he served as the assistant director of international tax.

 

Wood worked for the international accounting firm of Grant Thornton prior to joining Nu Skin in 1993. He earned a Bachelor of Science and Master of Accountancy, taxation emphasis, from Brigham Young University and in 2010 was named a CFO of the Year by Utah Business magazine.

 

 

 

 

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Show Notes

 

  • Introduction (1:54)

  • Ritch on his pizza oven in the center of his house (3:26)

  • Growing up on a farm in a small town (5:05)

  • The importance of education (6:05)

  • Starting at the Call Center at Nu Skin (9:16)

  • Opening up a brand new international market (14:26)

  • What challenges did Ritch face switching from CFO to CEO (17:53)

  • Nu Skin Products and Ritch's favorites (26:58)

  • Being clear with your vision and your life (30:12)

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