SALT LAKE CITY (AP) -- Nutritional supplement maker USANA Health Sciences Inc. said Friday it reorganized its management as its chief operating officer resigned and its chief financial officer will take a smaller role because of family health concerns.
Its stock tumbled more than 10 percent.
USANA said Roy Truett has resigned as COO, and said Chief Production Officer Jim Brown will be in charge of its operations. Truett had worked for the company since April 2003. A company statement announcing the move did not provide a reason for Truett's departure.
The company said Chief Financial Officer Doug Hekking is taking a more limited position so he can attend to family health matters, and said Paul Jones will become its interim CFO. Jones is in charge of human resources for USANA and has worked for the company since 2005. The company also named Rick Stambaugh as its chief information officer.
Truett and Hekking both took their former positions in May 2011 as part of an earlier management shake-up. At the time, USANA said President and COO Fred Cooper, CFO Jeffrey Tayes, and sales head Mark Wilson had all stepped down.
Shares of USANA Health Sciences lost $4.42 to $37.45 in afternoon trading.
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