Management ChangeApr 16, 2026, 05:17 PM
LifeVantage Appoints Terrence Moorehead as New CEO
AI Summary
LifeVantage Corporation announced the appointment of Terrence Moorehead as its new President and Chief Executive Officer, effective August 5, 2026. Mr. Moorehead brings over 25 years of leadership experience, including a successful tenure as CEO of Nature's Sunshine Products where he significantly grew revenue and EBITDA. Current CEO Steve Fife's retirement is set for April 30, 2026, with current director Michael Beindorff serving as Interim CEO during the transition period.
Key Highlights
- Terrence Moorehead appointed President and CEO, effective August 5, 2026.
- Mr. Moorehead previously CEO of Nature's Sunshine Products (2018-2025), increasing revenue 45% and EBITDA 190%.
- Steve Fife's retirement as President, CEO, and Board member is effective April 30, 2026.
- Michael Beindorff appointed Interim CEO until Mr. Moorehead assumes the role.