Source: Press Release 10/15/2016

Jamberry Nails Appoints New CEO

October 06, 2016, AMERICAN FORK, Utah--Jamberry Nails, LLC, the leading social seller of proprietary decorative nail products, today announced that Elizabeth Thibaudeau has been named Chief Executive Officer, effective immediately. Elizabeth, most recently Vice President, Global Marketing at Nu Skin Enterprises, will succeed Adam Hepworth who will remain a member of the Company's Board of Directors and a major shareholder.

For the past 20 years, Elizabeth has served in roles of significant responsibility at Nu Skin Enterprises, a developer and distributor of innovative skin care and nutritional supplement products. During her time at Nu Skin, she was instrumental in developing a strategic product platform and umbrella category brand that has resulted in billions in sales over the last decade. Most recently, as Vice President of Global Marketing, she was responsible for all brand and marketing functions, and continued to broaden Nu Skin's reach with her unique ability to enlist key stakeholders as brand ambassadors through brand identity development, articulation and experience.

'I am honored to begin serving as the next Jamberry CEO,' said Elizabeth. 'I am passionate about the direct selling channel and believe in the power of social selling. I am convinced Jamberry is perfectly poised to build on its historical success with its innovative decorative nail wrap products promoted by our brilliant personal style experts. I look forward to partnering closely with all of our sales consultants to develop a winning strategy for the future to drive long-term sales growth while empowering women around the world to make life beautiful every day.'

'We are pleased to welcome Elizabeth to the Jamberry family,' said Adam. 'Elizabeth's expertise, leadership, and experience building direct sales strategies will be an incredible asset to Jamberry as we continue executing on our long-term consultant-focused strategy. We feel incredibly lucky to have found someone with this type of experience who naturally personifies our brand values. I look forward to working with Elizabeth, and am confident that she will be instrumental in taking Jamberry to the next level. It has been an honor growing with the company from its foundation and serving as Jamberry's CEO and I am excited to continue to be a part of this next stage of Jamberry's future.'

'Elizabeth is an exceptionally talented leader with a long track record of driving robust sales growth across a diverse portfolio of products at Nu Skin,' said Jared Richards, President. 'Her experience cultivating strong relationships with consultants and their customers, and commitment to building a world-class team to implement important initiatives will be essential as Jamberry continues to grow.'

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