Short answer
Lifevantage Corp (LFVN) filed an 8-K current report with the SEC on April 16, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item EX-99.1 (Exhibit EX-99.1). CEO Steven Fife retires April 30, 2026, with advisory transition services continuing through September 11, 2026.
Lifevantage Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CEO Steven Fife retires April 30, 2026, with advisory transition services continuing through September 11, 2026
- Michael Beindorff becomes Interim CEO May 1 through August 4, paid $45,833 monthly
- Terrence Moorehead becomes CEO August 5, bringing 25-plus years of consumer-products and direct-selling experience
- Moorehead receives $850,000 base salary, bonus opportunity up to 100%, and $7.5 million in RSU and PSU awards
- Leadership transition creates near-term execution risk, while Moorehead’s revenue and Adjusted EBITDA-linked equity aligns incentives with operating performance
Item EX-99.1 · Exhibit EX-99.1
- Terrence Moorehead appointed President, CEO and director effective August 5, 2026, pending prior-employer commitments
- Moorehead’s Nature’s Sunshine tenure produced revenue growth of 45% and EBITDA growth of 190%
- Steve Fife’s CEO and director retirement effective April 30, 2026, creating a temporary leadership transition
- Director Michael Beindorff named Interim CEO with Chief Sales Officer Kristen Cunningham and CFO Carl Aure supporting continuity
- Appointment signals a potential transformation and growth strategy reset for LifeVantage’s direct-selling business
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