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.