1970s: Amway acquired the Nutrilite™ brand, added eight more international markets and expanded the world headquarters to almost one million square feet.In 1967, Amway sales reached $50 million as the company expanded and, a year later, debuted the Artistry™ brand.– one of the world’s first biodegradable, concentrated multi-purpose cleaners. In 1959, Amway launched its first product, Frisk Liquid Organic Cleaner Concentrate, later named L.O.C.The company has expanded through the years to a multi-billion-dollar enterprise that has brought a business ownership opportunity to millions in more than 100 countries and territories worldwide. His focus on fostering entrepreneurship and providing opportunities for people around the world to start a business of their own helped drive Amway to its leadership position in the industry.Īmway has a rich history, dating back to the company’s founding in 1959, in Ada, Michigan, by school friends Jay Van Andel and Rich DeVos. He previously served as president of Amway for more than 16 years. He is the son of Amway Co-Founder Rich DeVos. Doug DeVos is co-chair of the Board of Directors of Amway.
He has been part of leading a strategic transformation of the company with a focus on growth through digital tools, mobile experiences and product innovations.
He is the eldest son of Amway Co-Founder Jay Van Andel. Steve Van Andel is co-chair of the Board of Directors of Amway.He leads the overall management of Amway and is responsible for setting the company’s strategic vision and growth strategies. He is the first non-family member to lead the business since its founding in 1959. Milind Pant joined Amway in January 2019 as Chief Executive Officer.This global team is the company’s key executive decision-making body focused on global strategy development and delivering meaningful Amway Independent Business Owner and customer experiences. The leadership team at Amway includes Milind Pant, Steve Van Andel and Doug DeVos.
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