You know, with mind-boggling executive salaries causing regular scandals in the media, it's hard for many of us outside of the loop to evaluate an executive's worth. If they've added $100 million to the value of a company within a year, perhaps they really are worth their $20 million salary, I wouldn't know.
However, the situation seems to be a little different with Xango, where the corporate team are also the owners, living and breathing mangosteen juice. What's very apparent is that:
The Xango executive team
President of Operations, Kent Wood
Founder, Joe Morton
President of Sales & Marketing, Gordon Morton (Joe's brother)
Chairman, Gary Hollister
CEO, Aaron Garrity (long-time friend of Joe & Gordon)
Vice President, Bryan Davis
...are a tight-knit group that have built a company from scratch in late 2002 to a probable billion dollar annual turnover in 2009.
The Xango Corporate team look back on Xango's first few years (9.53)
Xango's impressive growth hasn't gone un-noticed by the business world. In 2006, Xango won the Utah division and was one of only 3 finalists for the 20th national Ernst & Young Award for Entrepreneur Of The Year, the "Academy Awards" of the big business world, in the "emerging" category.
This is recognition of the highest kind and was accepted by President & CEO, Aaron Garrity...
Xango wins the Utah division of the
2006 Ernst & Young Award Emerging Category (2.31)
N.B.:Xango didn't eventually win the national Ernst & Young Award for Entrepreneur Of The Year but was eventually one of only three finalists.
The company continues to grow under the care and direction of this close-knit corporate team, slowly raising Xango's profie through:
charitable works, including a $500,000 donation to Operation Kids (see Xango Charity)
sponsorships, such as that with PRO soccer Utah team, Real Salt Lake (see Xango Soccer)
strategic advertising, such as at the Sundance Film Festival, 2007 at Park City, Utah
Xango at the Sundance Film Festival, 2007 (1.57)
Overall, it appears that the Xango corporate team presents the company as a benevolent Utah network marketing business giving back to its local community. Overseas aid projects, are, I believe, all in countries where the mangosteen tree grows wild. Smart corporate lateral-thinking move, don't you think?