Who is Myron W Wentz?
Myron W Wentz’s total compensation for 2008 was $4,364,000
Myron W Wentz’s latest insider activity was valued at $263,200
Myron W. Wentz, Ph.D., 70, founded USANA in 1992 and served as the Chief Executive Officer and Chairman of the Board of USANA from the time of its inception to July 2008, when he retired as Chief Executive Officer. Dr. Wentz continues to serve as Chairman of the Board. In 1974, Dr. Wentz founded Gull Laboratories, Inc., which was a developer and manufacturer of medical diagnostic test kits and was the former parent corporation of USANA. Dr. Wentz served as Chairman of Gull from 1974 until 1998. In 1998, Dr. Wentz founded Sanoviv, S.A. de C.V. ("Sanoviv"), a health and wellness center that is located near Rosarito, Mexico. Joining a pathology group in Peoria, Illinois, from 1969 to 1973, Dr. Wentz served as infectious disease specialist and directed the microbiology and immunology laboratories for three hospitals in the Peoria area. He received a B.S. in Biology from North Central College, Naperville, Illinois, an M.S. in Microbiology from the University of North Dakota, and a Ph.D. in Microbiology and Immunology from the University of Utah. We believe Dr. Wentz's qualifications to sit on our Board include his vast education and professional experience as a microbiologist, immunologist, and pioneer in the development of human cell culture technology, as well as his service as our founder, Chairman and formerly as our Chief Executive Officer.
What are the requirements for compensation?
A publicly-traded company is only required to disclose information concerning the amount and type of compensation paid to its CEO, CFO, and the three other most highly compensated executive officers in a given year. Information about compensation for these individuals may be unavailable in prior years if they were not in their current roles or did not qualify as among the most highly compensated officers at the time.
Who are Myron W Wentz’s connections?
Who is Myron W Wentz’s current employer?
USANA Health Sciences, Inc. was founded in 1992. The Company develops and manufactures high-quality, science-based nutritional and personal care products with a focus on promoting long-term health and reducing the risk of chronic degenerative disease. It has operations in 18 markets worldwide where it distributes and sells its products by way of direct selling. Its customer base comprises two types of customers: "Associates" and "Preferred Customers." Associates are independent distributors of its products, who also purchase its products for personal use. Preferred Customers purchase products strictly for personal use and are not permitted to resell or to distribute the products. As of December 29, 2012, the company had 247,000 active Associates and 64,000 active Preferred Customers. It has organized its markets into two geographic regions: North America/Europe and Asia Pacific, with three sub-regions under Asia Pacific. The Company distributes its products internationally through a network marketing system, which is a form of person-to-person direct selling. Its main objective is to be a developer, manufacturer and distributor of science-based nutritional and personal care products and to create a rewarding opportunity through network marketing for its associates who distribute its products. The Company competes with manufacturers, distributors, and retailers of nutritional products for consumers, and with network marketing companies for distributors. It is subject to the various laws and regulations unique both to the products that it sells and to its method of distribution.
What is there to know about Myron W Wentz?
Myron W. Wentz, Ph.D., 70, founded USANA in 1992 and served as the Chief Executive Officer and Chairman of the Board of USANA from the time of its inception to July 2008, when he retired as Chief Executive Officer. Dr. Wentz continues to serve as Chairman of the Board. In 1974, Dr. Wentz founded Gull Laboratories, Inc., which was a developer and manufacturer of medical diagnostic test kits and was the former parent corporation of USANA. Dr. Wentz served as Chairman of Gull from 1974 until 1998. In 1998, Dr. Wentz founded Sanoviv, S.A. de C.V. ("Sanoviv"), a health and wellness center that is located near Rosarito, Mexico. Joining a pathology group in Peoria, Illinois, from 1969 to 1973, Dr. Wentz served as infectious disease specialist and directed the microbiology and immunology laboratories for three hospitals in the Peoria area. He received a B.S. in Biology from North Central College, Naperville, Illinois, an M.S. in Microbiology from the University of North Dakota, and a Ph.D. in Microbiology and Immunology from the University of Utah. We believe Dr. Wentz's qualifications to sit on our Board include his vast education and professional experience as a microbiologist, immunologist, and pioneer in the development of human cell culture technology, as well as his service as our founder, Chairman and formerly as our Chief Executive Officer.