Truman Hunt served as the CEO of Nu Skin Enterprises, a company known for its health and beauty products, from 2003 until 2017. He has a solid educational background with both Bachelor's and Master's degrees in Accounting from Brigham Young...

Truman Hunt served as the CEO of Nu Skin Enterprises, a company known for its health and beauty products, from 2003 until 2017. He has a solid educational background with both Bachelor's and Master's degrees in Accounting from Brigham Young University, which gave him the expertise to navigate the finance-heavy industry of direct selling. Interestingly, he stepped down from his role to take a leadership position with The Church of Jesus Christ of Latter-day Saints for three years. During his time at Nu Skin, he was eligible for performance-based bonuses and stock options that linked his compensation directly to the company's success. For instance, in 2016, he earned a total compensation of over $10 million, mainly composed of performance-based stock options. His insider trading data shows significant fluctuations in his holdings, peaking around $32 million in early 2021 before tapering off to about $11 million by late 2023. Though his compensation varied significantly over the years, his focus on aligning executive pay with company performance highlights a strategic approach to leadership.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other NuSkin Enterprises CEOs

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Truman Hunt

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, 1969 - 56 years ago

CEO of NuSkin Enterprises for

14 years 2 months (Jan 2003 - Mar 2017)

Previous Experience

Chief Executive Officer and President of Nu Skin Enterprises, Inc. since 2003

Rivals

Competitors/colleagues of Truman Hunt

Holdings

See how much did Truman Hunt make over time.

During his tenure, Truman Hunt's insider holdings peaked at an impressive $32.65 million in January 2021, showcasing his financial stakes in Nu Skin. However, the value of his holdings has seen noticeable declines since then, dropping to about $11 million...

During his tenure, Truman Hunt's insider holdings peaked at an impressive $32.65 million in January 2021, showcasing his financial stakes in Nu Skin. However, the value of his holdings has seen noticeable declines since then, dropping to about $11 million by late 2023. This fluctuation represents the ups and downs in his investments, possibly tied to the company's performance in that period. Notably, his wealth was heavily tied to his stock options and performance metrics, demonstrating a significant hands-on approach to aligning his interests with the company's success, reflecting market dedication and drops in value over time as the market shifted. His biggest holdings came shortly after the pandemic when stock values shifted remarkably, making both a risk and an investment.

Mar 18, 2025

N

shares

NUS @ $8.02

Total Stock Sold

$20.41M

NUS

$20.41M

475,000 NUS shares

What if they kept their stock?

If Truman Hunt didn't sell their stock, today they would have:
Extra NUS475,000 shares worth $16.99M.
This is -16.74% and $3.42M less than what they got when they sold the stock.

Charitable Transactions

NUS

61,800 shares

NUS

Recent Charitable Transactions

NUS

3,500 shares

NUS

Dec 31, 2016

Charity

NUS

4,000 shares

NUS

Dec 31, 2013

Charity

NUS

6,300 shares

NUS

Feb 7, 2013

Charity

NUS

18,000 shares

NUS

Dec 31, 2011

Charity

NUS

30,000 shares

NUS

Feb 7, 2011

Charity

Insider Trading

See recent insider trades of Truman Hunt.

NUS

3,500 shares

NUS

Dec 31, 2016

Charity

NUS

37,500 shares

NUS

Mar 13, 2014

Received

NUS

37,500 shares

NUS

Mar 13, 2014

Received

NUS

37,500 shares

NUS

Mar 13, 2014

Received

NUS

4,000 shares

NUS

Dec 31, 2013

Charity

NUS

$2.10M

NUS at $42.00/share

Feb 13, 2013

Sale

NUS

75,000 shares

NUS

Feb 7, 2013

Received

NUS

6,300 shares

NUS

Feb 7, 2013

Charity

NUS

37,500 shares

NUS

Feb 9, 2012

Received

NUS

37,500 shares

NUS

Feb 9, 2012

Received

Compensation History

See how much did Truman Hunt make over time.

Truman Hunt's compensation at Nu Skin varied widely during his years as CEO. In 2017, he earned around $1.07 million, which included a salary and a performance-based bonus. In stark contrast, his total compensation in 2016 reached about $10.27 million, largely thanks to a significant stock option grant. This highlights the nature of executive pay in high-stakes industries, focusing heavily on performance incentives. His compensation packages were structured to motivate and ensure alignment with company goals, changing significantly based on Nu Skin's performance metrics like revenue and operating income. Such strategies show a balance between risk and reward, typical in corporate leadership roles, but for him also led to a substantial reduction in pay after his resignation as CEO.

Year

2017

Total Compensation

$1.07M

Salary

$590.83K

Board Justification

The compensation philosophy aims to align executive compensation with company performance and stockholder interests, focusing on retention and motivation of key executives during a transitional period.

Bonus

$396.71K

Board Justification

Mr. Hunt earned a bonus of $131,729 for Q2 and $264,980 for the annual period, reduced by 50% due to only providing active service for half of the year.

Other

$82.55K

Board Justification

Other compensation includes health insurance benefits, term life insurance, and a company product allowance during his active employment period.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2017 as Mr. Hunt did not receive any new equity grants during the year.

Performance Metrics

Performance metrics for cash bonuses were based on revenue and adjusted operating income.

Other NuSkin Enterprises CEOs

Here are other CEOs of NuSkin Enterprises

Ritch Wood

Ex-CEO of NuSkin Enterprises

March 2017 - September 2021