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    Medifast Inc. (MED)

    31.32 Down 0.01(0.03%) Mar 6, 4:02PM EST
    |After Hours : 31.32 0.00 (0.00%) Mar 6, 4:11PM EST
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    Medifast Inc.
    11445 Cronhill Drive
    Owings Mills, MD 21117
    United States - Map
    Phone: 410-581-8042
    Website: http://www.medifast1.com

    Index Membership:N/A
    Industry:Specialty Retail, Other
    Full Time Employees:808

    Business Summary 

    Medifast, Inc. is engaged in the production, distribution, and sale of weight loss and weight management products and other consumable health and diet products. It operates through two segments, Medifast and MWCC and Wholesale. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, eggs, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups under the Medifast and Essential 1 brands and for private label customers. It also provides nutritional products; and meal replacements comprising vitamins and minerals, as well as other nutrients essential for good health. The company operates Medifast weight control centers that offer programs for weight loss and maintenance, customized patient counseling, InBody composition analysis, and monitoring with a BodyGem that determines resting metabolic rates. As of December 31, 2013, Medifast, Inc. operated weight control centers in 75 locations; and 41 franchise centers. The company sells its products through various channels of distribution comprising the Internet, call center, independent health advisors, medical professionals, weight loss clinics, and direct consumer marketing. Medifast, Inc. was founded in 1980 and is headquartered in Owings Mills, Maryland.

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    Corporate Governance 
    Medifast Inc.’s ISS Governance QuickScore as of Mar 1, 2015 is 10. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 7; Compensation: 10.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Michael C. MacDonald , 62
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    Ms. Margaret E. MacDonald-Sheetz MBA, 38
    Pres, Chief Operating Officer, Director and Member of Exec. Committee
    Mr. Timothy G. Robinson CPA, 52
    Chief Financial Officer and Principal Accounting Officer
    Mr. Jason L. Groves Esq., 44
    Exec. VP, Gen. Counsel, Director and Member of Exec. Committee
    Ms. Jeannette M. Mills BSEE, MBA, 48
    Exec. VP of Take Shape for Life
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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