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Medifast Inc. (MED)

-NYSE

28.08 Down 0.39(1.37%) 4:01PM EDT|After Hours : 28.80 Up 0.72 (2.58%) 4:35PM EDT

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Medifast Inc.
11445 Cronhill Drive
Owings Mills, MD 21117
United States - Map
Phone: 410-581-8042
Fax: 410-581-8070
Website: http://www.medifast1.com

Details 
Index Membership:N/A
Sector:Services
Industry:Specialty Retail, Other
Full Time Employees:947

Business Summary 

Medifast, Inc., through its subsidiaries, engages in the production, distribution, and sale of weight loss and weight management products, and other consumable health and diet products. The company operates through two segments, Medifast, and Medifast Weight Control Centers and Wholesale. Its product lines include weight loss and management, meal replacement, and vitamins. The company offers crunch bars, shakes, hot drinks, cold drinks, bites, pretzels, puffs, brownies, soft bakes, cereal crunches, eggs, macaroni and cheese, oatmeal, pancakes, syrups, puddings, soft serves, soups, chili, soy crisps, crackers, and digestive health products under Medifast and Essential 1 brands, as well as for private label customers. It also operates and franchises Medifast weight control centers that offer programs for weight loss and maintenance, customized patient counseling, Inbody composition analysis, and monitoring with a BodyGem resting metabolic rate measurement device. As of December 31, 2012, Medifast, Inc. operated weight control centers in 87 locations in Pennsylvania, New Jersey, Delaware, Texas, Florida, Maryland, North Carolina, and Virginia; and 35 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 May 1, 2013 is 9. The pillar scores are Audit: 10; Board: 4; Shareholder Rights: 4; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Michael C. MacDonald , 60
Chairman, Chief Exec. Officer and Chairman of Exec. Committee
923.00K0.00
Ms. Margaret E. MacDonald-Sheetz MBA, 36
Pres, Chief Operating Officer, Director and Member of Exec. Committee
738.00K0.00
Mr. Timothy G. Robinson CPA, 50
Chief Financial Officer
0.00N/A
Mr. Donald Gould ,
Exec. VP of Information Technology
399.00KN/A
Mr. Joseph Kelleman ,
Director of Fin. for Supply Chain
123.00KN/A
Amounts are as of Dec 30, 2012 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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