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TheStreet Open House

Nature’s Sunshine Products Reports Change In Executive Officers

Nature’s Sunshine Products, Inc. (NASDAQ:NATR), a leading manufacturer and marketer of encapsulated herbs and vitamins, today announced that Greg Halliday, President – U.S. Sales, has decided to step down effective immediately. Efrain Villalobos, Divisional Vice President – U.S. Sales, has been appointed to Executive Vice President – U.S. Sales and will head the division. In addition, Craig Dalley, Divisional Vice President, was promoted to Vice President – U.S. Sales.

“I am proud of all that we’ve accomplished at Nature’s Sunshine,” said Greg Halliday. “My time here has been incredibly rewarding and I have very much enjoyed my 19 years with the Company. I will definitely miss working with the great employees and distributors of Nature’s Sunshine Products, but they are in good hands with Efrain.”

“Greg has been a key member of the senior executive team and an important part of our presence in the U.S.,” said Michael Dean, Chief Executive Officer. “I want to thank him for his service to the Company. We all wish him well in his future endeavors.”

Efrain Villalobos joined Nature’s Sunshine Products in 1991 as a Field Sales Trainer. He has served since March 2009 as Divisional Vice President – Spanish U.S. Sales with primary responsibility over the Company’s domestic Spanish speaking sales and sales in the Dominican Republic. Craig Dalley started at Nature’s Sunshine Products in 1993 as a Field Sales Trainer. He later became Executive Director – U.S. Sales and most recently served as Divisional Vice President – U.S. Sales.

Mr. Dean commented, “Together, Efrain and Craig have 36 years of experience working with our U.S. Sales group. They have great relationships with our distributors and a solid understanding of what it takes to succeed in our industry. They will be a formidable team and they are well suited to lead our U.S. business forward and contribute to the Company’s growth. I look forward to working with both of these talented executives.”

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