Market Watch:

XanGo, LLC, the mangosteen beverage category creator and market leader, announced today that industry veteran Robert S. Conlee has been named Chief Executive Officer, and A. Craig Hale has been promoted to President of XanGo from his current role as Chief Legal Counsel.

Conlee joins XanGo with nearly 18 years of executive and management experience in the direct sales industry, primarily at Provo, Utah based Nu Skin Enterprises. Among other responsibilities he was Senior Vice President of Sales and Marketing and Chief Operating Officer of the Pharmanex nutritional division, which accounts for nearly half of Nu Skin’s annual revenue. Conlee also served as President of Nu Skin Japan, Nu Skin’s largest market and President-North Asia Region, where he was responsible for more than $600 million in annual sales and worked with several hundred thousand active distributors.

“Six years after our founding, we’re at an historic and critical point in our growth, having just surpassed the milestone of our millionth distributor as we operate in 23 countries,” said Aaron Garrity, Founder/Chairman of the Board. “Today’s announcement will enable XanGo to maintain our position as the most successful company of its kind in the history of our industry. The recruitment of world class executives, such as Robert and Craig, will ensure that the global vision and strategy for our company is fulfilled.”

Logo from XanGo.