Nu Skin (NYSE: NUS) product chief resigns but remains strategic advisor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Nu Skin Enterprises reported that Steven K. Hatchett decided to resign as Executive Vice President and Chief Product Officer due to family health circumstances, effective May 8, 2026. He will remain with the company as a strategic product advisor with an annual salary of $147,478.
The filing notes the company’s appreciation for his contributions as Chief Product Officer and confirms that its Chief Financial Officer, Chelsea K. Lantz, signed the report on behalf of the company.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation effective date: May 8, 2026
Advisor salary: $147,478 per year
Notification date: May 6, 2026
3 metrics
Resignation effective date
May 8, 2026
Effective date of EVP and Chief Product Officer resignation
Advisor salary
$147,478 per year
Annual salary for Steven K. Hatchett as strategic product advisor
Notification date
May 6, 2026
Date Hatchett notified Nu Skin of his decision to resign
Key Terms
Executive Vice President, Chief Product Officer, strategic product advisor
3 terms
Executive Vice President financial
"resign from his position as Executive Vice President and Chief Product Officer"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
Chief Product Officer financial
"resign from his position as Executive Vice President and Chief Product Officer"
strategic product advisor financial
"remain with the Company as a strategic product advisor with an annual salary"
FAQ
What executive change did Nu Skin Enterprises (NUS) disclose on May 6, 2026?
Nu Skin Enterprises disclosed that Steven K. Hatchett decided to resign as Executive Vice President and Chief Product Officer, effective May 8, 2026, citing family health circumstances. The filing emphasizes this is a personal decision and acknowledges his contributions in the product leadership role.
Will Steven K. Hatchett continue working with Nu Skin Enterprises (NUS) after his resignation?
Yes. After resigning as Executive Vice President and Chief Product Officer effective May 8, 2026, Steven K. Hatchett will remain with Nu Skin as a strategic product advisor. In this new advisory role, he will receive an annual salary of $147,478 from the company.
Why is Nu Skin’s Executive Vice President and Chief Product Officer resigning?
Steven K. Hatchett determined to resign from his role as Executive Vice President and Chief Product Officer due to family health circumstances. The filing characterizes the move as his decision and notes the company’s well wishes and appreciation for his service in the senior leadership position.
What compensation will Steven K. Hatchett receive in his new advisor role at Nu Skin (NUS)?
In his new capacity as a strategic product advisor, Steven K. Hatchett will receive an annual salary of $147,478. This compensation reflects his continued involvement with Nu Skin’s product strategy following his resignation as Executive Vice President and Chief Product Officer effective May 8, 2026.
Who signed the Nu Skin Enterprises (NUS) 8-K reporting the executive resignation?
The 8-K reporting Steven K. Hatchett’s resignation and new advisory role was signed on behalf of Nu Skin Enterprises by Chelsea K. Lantz. She is identified in the filing as the company’s Chief Financial Officer and authorized signatory for this current report.