Ritch Wood has been a key figure at Nu Skin Enterprises, Inc. since he joined the company back in 1993. With bachelor's and master's degrees in accounting from Brigham Young University, Ritch has a solid background in finance, which helped...

Ritch Wood has been a key figure at Nu Skin Enterprises, Inc. since he joined the company back in 1993. With bachelor's and master's degrees in accounting from Brigham Young University, Ritch has a solid background in finance, which helped him rise through the ranks to become the Chief Financial Officer before being named CEO in 2017. During his time as CEO, he oversaw significant growth and changes, playing a vital role in the company's direction. Before his retirement in September 2021, Ritch decided it was the right moment for a leadership transition after more than three decades in various leadership roles. Notably, Ritch's leadership has led to a doubling of the company’s revenues during his tenure. He is also known for managing compensation wisely; in 2021, his total pay was around $2.65 million, consisting predominantly of a $1 million salary and significant stock grants. Beyond the numbers, he’s active in community efforts through the Force for Good Foundation established by the company. With over 30 years at Nu Skin, Ritch has left a lasting impact on the company and its future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other NuSkin Enterprises CEOs

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Ritch Wood

Ex-CEO of NuSkin Enterprises

Education

Bachelor's and Master's degrees in Accounting from Brigham Young University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Defensive

Born

January 1, 1971 - 54 years ago

CEO of NuSkin Enterprises for

4 years 5 months (Mar 2017 - Sep 2021)

Previous Experience

Chief Financial Officer since November 2002

Rivals

Competitors/colleagues of Ritch Wood

Holdings

See how much did Ritch Wood make over time.

During his time at Nu Skin, Ritch Wood made some significant trades regarding his company stock. At his peak in January 2021, his holdings were valued at $11.37 million. This was part of a larger trend, as he saw his...

During his time at Nu Skin, Ritch Wood made some significant trades regarding his company stock. At his peak in January 2021, his holdings were valued at $11.37 million. This was part of a larger trend, as he saw his wealth fluctuate notably from around $6.31 million in September 2019, peaking shortly before his retirement. Interestingly, the value began to trend downward after January 2021 as he transitioned out of his CEO position. His stock holdings reflect a strong confidence in Nu Skin’s future, but they have also shown the typical ups and downs that can come with being in the world of corporate stocks.

Mar 11, 2025

N

shares

NUS @ $8.11

Total Stock Sold

$29.30M

NUS

$29.30M

474,000 NUS shares

What if they kept their stock?

If Ritch Wood didn't sell their stock, today they would have:
Extra NUS474,000 shares worth $10.51M.
This is -64.14% and $18.79M less than what they got when they sold the stock.

Charitable Transactions

NUS

500 shares

NUS

Recent Charitable Transactions

NUS

500 shares

NUS

Dec 31, 2014

Charity

Insider Trading

See recent insider trades of Ritch Wood.

NUS

$2.13M

NUS at $58.29/share

Jun 16, 2021

Sale

NUS

23,910 shares

NUS

Feb 15, 2021

Received

NUS

45,978 shares

NUS

Jun 3, 2020

Received

NUS

$202.50K

NUS at $20.25/share

Mar 20, 2020

Purchase

NUS

22,191 shares

NUS

Feb 15, 2019

Received

NUS

$541.06K

NUS at $39.35/share

Aug 15, 2018

Received

NUS

8,889 shares

NUS

Mar 8, 2018

Received

NUS

6,667 shares

NUS

Mar 8, 2018

Received

NUS

25,200 shares

NUS

Mar 2, 2017

Received

NUS

$249.90K

NUS at $33.32/share

Mar 8, 2016

Purchase

Compensation History

See how much did Ritch Wood make over time.

In 2021, Ritch Wood's total compensation was about $2.65 million. His salary was set at $1 million, which was stable from previous years. He received a significant equity award in the form of vested stock, reflecting his long-term commitment to Nu Skin. Even though his bonus decreased to 60% of salary as he transitioned out of the CEO role, it speaks volumes about the structure of Nu Skin's compensation philosophy. This philosophy emphasizes alignment with performance and the company's success, making the leadership financially invested in the company’s growth. Through his compensation package, it's evident that the board recognized his contributions to the company and prepared for a smooth leadership transition.

Year

2021

Total Compensation

$2.42M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

The target bonus percentage was 110% of salary for the first eight months of 2021, but decreased to 60% upon retirement as CEO in September 2021.

Other

$118.00K

Board Justification

Other compensation includes contributions to deferred compensation plans, 401(k) contributions, and perquisites such as life insurance premiums and company products.

Restricted Stock

$1.30M(25.57K RSU)

Board Justification

The RSUs granted in February 2021 vested in full on February 15, 2022, reflecting his one remaining year of service to the company.

Performance Metrics

The performance metrics for the cash incentive bonus were based on adjusted revenue and adjusted operating income.

Other NuSkin Enterprises CEOs

Here are other CEOs of NuSkin Enterprises

Truman Hunt

Ex-CEO of NuSkin Enterprises

January 2003 - March 2017

Ryan Napierski

CEO of NuSkin Enterprises

September 2021 - Present