BusinessWire:

Arbonne International, LLC (Arbonne) today announced the appointment of Gretchen Price as Executive Vice President, Chief Financial and Administrative Officer, effective July 20, 2011. Ms. Price joins Arbonne from philosophy, Inc., where she served as Executive Vice President, Administration and Chief Financial Officer since 2008. Previously, she served a 31-year tenure at Procter & Gamble where she held various positions including Vice President and Treasurer, and Vice President and General Manager, Global Operations.

Ms. Price will work closely with Arbonne CEO Kay Napier in overseeing company financial and operations departments, allowing Ms. Napier to more strategically focus on top line growth and the Independent Consultant base. Specifically Ms. Price will oversee finance and accounting, operations, human resources, operational aspects of information technology and international.

“Gretchen is an outstanding addition to our senior management team,” said Ms. Napier. “Her broad accounting, financial and operational background has been honed through more than three decades of experience in multiple divisions and disciplines at the world’s leading consumer product company. With Gretchen’s leadership and expertise, we will build upon our strong foundation and talent pool, support international expansion, growth plans and propel Arbonne to the next level.”

“I am thrilled to be a part of the Arbonne family,” said Ms. Price. “It’s a wonderful organization that has all of the fundamentals needed to succeed in the direct marketing industry. Our greatest challenge will be about generating growth, and managing it for the long-term. The possibilities for Arbonne are endless.”

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