Gregory Probert has been leading Nature's Sunshine Products Inc. as CEO and has had a varied career before this role. He became CEO on October 1, 2013, after serving as Interim CEO since April 2013. His background is impressive; before...

Gregory Probert has been leading Nature's Sunshine Products Inc. as CEO and has had a varied career before this role. He became CEO on October 1, 2013, after serving as Interim CEO since April 2013. His background is impressive; before joining Nature's Sunshine, Probert held high-level positions at several firms including Herbalife and Disney. Under his leadership, the company has focused on a strategic transformation to drive growth, especially aiming for expansion into new markets like China. His compensation sees significant variable elements, meaning if the company does well, he does well, which aligns his incentives with those of the shareholders. For instance, in 2015, Probert’s total compensation reached about $1.86 million, including bonuses tied to performance targets. However, his tenure hasn't been without challenges, including navigating financial performance goals and market volatility. He has a history of managing through tough times, applying the lessons learned from his past roles to create value for Nature's Sunshine. An interesting fact is that Mr. Probert is required to maintain substantial stock ownership in the company, currently amounting to $1 million, ensuring he stays invested in the company’s future. His journey is characterized by a blend of strategic oversight and operational execution, reflecting a clear vision mixed with practical business acumen.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Nature's Sunshine Products CEOs

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Gregory Probert

Ex-CEO of Nature's Sunshine Products

Education

Bachelor of Arts in Economics from the University of Southern California

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

May 14, 1963 - 61 years ago

CEO of Nature's Sunshine Products for

5 years 0 months (Oct 2013 - Oct 2018)

Previous Experience

Former President of Herbalife International

Rivals

Competitors/colleagues of Gregory Probert

Holdings

See how much did Gregory Probert make over time.

Gregory Probert has made significant insider trades over the years with impressive fluctuations in holdings. Between 2019 and early 2022, there was a steady increase in the value of his holdings, peaking at approximately $4.01 million by March 2021. Since...

Gregory Probert has made significant insider trades over the years with impressive fluctuations in holdings. Between 2019 and early 2022, there was a steady increase in the value of his holdings, peaking at approximately $4.01 million by March 2021. Since then, the value has seen some decline, dropping to around $2.71 million in September 2024. These changes reflect both his confidence in the company’s future and the challenges it faces in the market. Notably, in 2019, his holdings were valued at just under $1.8 million, and by early 2021, he had seen them grow by almost 120%. This indicates a period of strong performance for Nature's Sunshine under his leadership, but also suggests that recent market conditions have influenced a retreat in value. Overall, his ability to navigate these ups and downs speaks to his experience and commitment.

Insider Trading

See recent insider trades of Gregory Probert.

NATR

30,000 shares

NATR

Feb 12, 2018

Received

NATR

27,500 shares

NATR

Jan 3, 2017

Received

NATR

$109.27K

NATR at $9.11/share

May 17, 2016

Purchase

NATR

$72.98K

NATR at $9.12/share

May 13, 2016

Purchase

NATR

30,000 shares

NATR

Jan 1, 2016

Received

NATR

$83.08K

NATR at $12.58/share

Aug 21, 2015

Purchase

NATR

$126.54K

NATR at $12.98/share

Aug 19, 2015

Purchase

NATR

$86.16K

NATR at $12.96/share

Aug 14, 2015

Purchase

NATR

1,652 shares

NATR

Sep 19, 2014

Received

NATR

16,667 shares

NATR

Feb 11, 2014

Received

Compensation History

See how much did Gregory Probert make over time.

Gregory Probert's compensation reflects a significant emphasis on performance-based pay. In 2013, he earned about $1.7 million after being appointed CEO, with most of his compensation coming from bonuses tied to the company’s performance. For 2015, his total compensation was nearly $1.86 million, where a notable portion was due to cash bonuses and restricted stock units aimed at encouraging long-term growth. His compensation structure is designed to align with the company’s success—when the company performs well, he benefits. This approach promotes a focus on achieving set targets in revenue and profit, driving both his incentives and responsibilities. His salary in 2015 was $600,000, and he is expected to adapt to market conditions and corporate performance regularly, particularly regarding the ambitious strategies for global expansion.

Year

2013

Total Compensation

$1.03M

Salary

$525.00K

Board Justification

The compensation philosophy is designed to attract, retain, and reward executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$358.06K

Board Justification

The bonus for 2013 was based on 81.7% of target for net sales revenue and 35.0% of target for individual performance, with an additional 5.0% awarded at the discretion of the Compensation Committee.

Other

$146.55K

Board Justification

Other compensation includes 401(k) contributions, life insurance premiums, and reimbursements for commuting and living expenses.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2013 as the focus was on cash compensation and performance-based bonuses.

Performance Metrics

Performance metrics for bonuses included revenue growth and individual performance evaluations.

Other Nature's Sunshine Products CEOs

Here are other CEOs of Nature's Sunshine Products

Terrence Moorehead

CEO of Nature's Sunshine Products

November 2018 - Present