ADA, Mich., U.S. – (Oct. 26, 2017) – Amway USA, the $8.8 billion USD direct selling leader, today announced the appointment of Nick Thole to the role of Chief Financial Officer.
As a member of the executive team, Thole will provide broad financial oversight and will be responsible for developing strategic financial objectives to ensure the company’s continued financial performance. In this position, Thole will have direct responsibility for Amway’s balance sheet, capital structure, and the overall financial reporting and control process with broad responsibilities for Tax, Treasury, Accounting and Corporate Financial Reporting and Business Planning.
Thole previously served as Chief Financial Officer of the Company’s Europe, India and Africa region, Vice President of Internal Audit, and Vice President of Financial Planning and Analysis. He joined Amway in 2008 as Manager of Mergers and Acquisitions.
Prior to Amway, Thole worked in the capital markets as an investment banker and investor relations consultant. He has a Bachelor of Science degree in Journalism from Northwestern University and an MBA in Finance from Michigan State University.
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Amway USA is an $8.8 billion direct-selling business based in Ada, Michigan, USA. Top-selling brands for Amway are Nutrilite™ vitamin, mineral and dietary supplements, Artistry™ skincare and color cosmetics, eSpring™ water treatment systems and XS™ energy drinks – all sold exclusively by Amway Business Owners. Global sales in 2016 made Amway the No. 1 direct-selling business in the world, according to the 2017 Direct Selling News Global 100. The company’s annual sales figure includes revenue from direct-selling operations and other business holdings. For company news, visit amwayglobal.com/newsroom.