, Michigan , United States
|| October 21, 1955
Jul 14, 2007 10:13pm
|Info||Son of Amway Corporation Founder |
As the president of Alticor, Dick DeVos leads one of the world's largest direct selling corporations. He began working for Amway, a wholly owned subsidiary of Alticor, 26 years ago and has held positions in research and development and sales and marketing.
In 1984, DeVos was promoted to international vice president and was responsible for the operation of Amway's 11 affiliated international companies. Under his leadership, international sales tripled and exceeded domestic sales forthe first time in the company's history.
The entrepreneurial spirit DeVos inherited from Amway founders Jay Van Andel and Rich DeVos led to the establishment of the Windquest Group in 1989. The storage and space utilization multi-company management firm remains in operation today. Upon acquisition of the Orlando Magic by the DeVos family in 1991, Dick DeVos became president and CEO for the NBA franchise through 1993, at which point he returned to Amway to succeed his father as president. During his presidency, Amway has established more than 15 international affiliates and achieved record sales of more than $7 billion.
Amway operates in more than 80 countries and territories in Asia, Africa, Europe and the Americas. Amway products and services are marketed through independent business owners worldwide. Amway is a wholly owned subsidiary of Alticor Inc. and has 6,000 employees and 3.3 million independent business owners worldwide. More than 450 products carry the Amway name, from beauty products to household cleaners.