|By Marketwired .||
|January 16, 2014 05:00 PM EST||
SALT LAKE CITY, UT -- (Marketwired) -- 01/16/14 -- Today, 4Life President Steve Tew was named the company's Chief Executive Officer (CEO). Former CEO, company Founder David Lisonbee, will continue in his position as Chairman of the Board. Co-Founder Bianca Lisonbee will assume the role of Vice Chairwoman of the Board.
Tew was appointed President of 4Life in 2004 and has overseen the international expansion and growth of 4Life since joining the company in 2000. Under his direction, 4Life has opened offices in 21 countries around the world and is doing business through various business models in more than 50 countries. 4Life stands among the top 50 largest direct selling companies in the world.
Among the many corporate milestones achieved under Steve's leadership, the company has enjoyed significant year-over-year sales growth during each year in business. In 2013, 4Life surpassed two billion dollars in cumulative sales, having paid out more than one billion dollars in commissions to distributors.
As President and Chief Executive Officer, Tew will answer to the Board of Directors in all areas of growth, 4Life Transfer Factor® research and development, operational proficiency, and the ongoing satisfaction of distributors and the company's 700+ employees around the world.
Founder and Chairman of the Board David Lisonbee: "It's been my distinct pleasure to watch Steve lead the organization that Bianca and I launched in 1998. What his Presidency has done for the company is nothing short of remarkable. There is no doubt in my mind that as CEO, he will continue to drive 4Life to new heights. We are grateful for his leadership, as well as the sacrifice he and his wife Sherma make to our organizational success."
Tew joined the direct selling industry in 1996. Prior to serving as President, he held positions as Chief Financial Officer and Chief Operating officer with 4Life® and ShapeRite® Concepts, Ltd. In August 2000, ShapeRite and 4Life merged operations. Steve graduated cum laude from Weber State University with a Bachelor's Degree in Accounting. He worked as a Certified Public Accountant for Price Waterhouse Coopers for six years, followed by various financial positions at retail and software development companies.
4Life has offices on five continents to serve a global network of independent distributors through science, success, and service.
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Vice President, Communications
4Life Research USA, LLC