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    Medifast Inc. (MED)

    27.02 Up 0.32(1.20%) Oct 2, 4:02PM EDT
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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:579

    Business Summary 

    Medifast, Inc. engages in the production, distribution, and sale of weight loss and weight management products and other consumable health and diet products. 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, Thrive by Medifast, Optimal Health by Take Shape For Life, and Essential 1 brands, as well as 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. As of December 31, 2014, Medifast, Inc. operated weight control centers in 75 franchise locations in Arizona, California, Louisiana, Minnesota, Maryland, Pennsylvania, Texas, Virginia, and Wisconsin. The company sells its products through various channels of distribution comprising the Internet, call center, 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.

    Key Statistics

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    Corporate Governance 
    Medifast Inc.’s ISS Governance QuickScore as of Oct 1, 2015 is 7. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 1; 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 and Chief Operating Officer
    Mr. Timothy G. Robinson CPA, 52
    Chief Financial Officer
    Dr. Linda M. Arterburn Ph.D.,
    VP of Scientific and Clinical Affairs
    Mr. Joseph Kelleman , 60
    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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