Item 5.02 Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers.
(d)
Effective as of October 11, 2021, the Board of Directors of USANA Health
Sciences, Inc. (the "Company") acted unanimously to appoint Xia Ding as an
additional director of the Company, for an initial term expiring at the
Company's 2022 Annual Meeting of Shareholders. Ms. Ding has not been appointed
to any Committees of the Board of Directors at this time. The Company's Board
of Directors now consists of eight members, six of whom are independent. Ms.
Ding will be eligible to participate in the Company's outside director
compensation plan, which consists of cash retainer fees and equity grants under
the Company's 2015 Equity Incentive Award Plan. There is no arrangement or
understanding between Ms. Ding and any other persons pursuant to which she was
selected as a director. There are no family relationships between Ms. Ding and
any director or executive officer of the Company and there are no relationships
between Ms. Ding and the Company or any of its subsidiaries that would require
disclosure pursuant to Item 404(a) of Regulation S-K of the Securities Exchange
Act of 1934, as amended.
Ms. Ding currently serves as Vice President of e-commerce Asia Pacific and Latin
America at Nike. She joined Nike in 2019 where she is accountable for driving
the Nike digital business in Asia Pacific and Latin America markets. Prior to
joining Nike, Ms. Ding worked for JD.com in China from 2017 to 2019 as the
President of JD Fashion where she was responsible for driving the fashion
business covering apparel, shoes, sportswear, bags, jewelry, watches and
accessories. She was also instrumental in leading JD.com's M&A investment
strategy to fuel strategic growth. Prior to joining JD.com, Ms. Ding served as
Vice President of Retail Service at Nielsen in China from 2015 to 2017 where she
was responsible for overseeing Nielsen's retail services business. Ms. Ding
started her career in 1995 with Hanesbrands, Inc., where she spent the first ten
years in the U.S. headquarters in various finance and corporate development
roles. In 2005, Hanesbrands appointed her as the VP/General Manager of China
where she brought American lingerie brand Hanes and casualwear brand Champion
into the China market.
Ms. Ding is a well-regarded e-commerce and digital leader and was recognized as
Forbes 2018 TOP 100 Most Successful Businesswomen in China and Forbes 2017 TOP
10 Most Influential People in China Fashion Industry. Ms. Ding received a
Bachelor of Chemistry degree from the Nanjing University of China. She also
earned an M.B.A from the Wake Forest University in Winston-Salem, North Carolina
USA.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press release issued by USANA Health Sciences, Inc. dated
October 12, 2021 (furnished herewith) .
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