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    Medifast Inc. (MED)

    31.51 Up 0.08(0.25%) Apr 28, 4:02PM EDT
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    Medifast Inc.
    3600 Crondall Lane
    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:579

    Business Summary 

    Medifast, Inc., through its subsidiaries, produces, distributes, and sells weight loss, weight management, healthy living products, and other consumable health and diet products. The company offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, eggs, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, Thrive by Medifast, Optimal Health by Take Shape For Life, and Essential 1 brands, as well as Dual Fuel sports nutrition products for private label customers. It also provides meal replacements comprising vitamins and minerals; and hydration products, as well as other nutrients for health purposes. As of December 31, 2015, Medifast, Inc. operated weight control centers in 61 franchise locations in Arizona, California, Louisiana, Minnesota, Maryland, Pennsylvania, Texas, and Wisconsin. The company sells its products through various channels of distribution, including the Internet, call centers, independent health advisors, medical professionals, franchise 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 Apr 1, 2016 is 7. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 1; Compensation: 10.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Michael C. MacDonald , 63
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    Mr. Timothy G. Robinson CPA, 53
    Chief Financial Officer
    Dr. Linda M. Arterburn Ph.D.,
    VP of Scientific and Clinical Affairs
    Mr. Jason L. Groves Esq., 45
    Exec. VP, Gen. Counsel and Corp. Sec.
    Mr. Joseph Kelleman , 61
    VP of Fin. and Corp. Controller
    Amounts are as of Dec 31, 2014 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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