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Medifast Inc. (MED)

-NYSE

18.60 Up 0.08(0.43%) May 25, 4:01PM EDT|After Hours: 18.60 0.00 (0.00%) May 25, 4:47PM EDT

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Medifast Inc.
11445 Cronhill Drive
Suite 20
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:860

Business Summary 

Medifast, Inc., through its subsidiaries, engages in the production, distribution, and sale of weight management and disease management products, and other consumable health and diet products in the United States. The company’s product lines include weight and disease management, meal replacement, and vitamins. It also operates weight control centers that offer Medifast programs for weight loss and maintenance, customized patient counseling, and Inbody composition analysis. The company markets its products under the Medifast and Essential brand names, including shakes, appetite suppression shakes, diabetics shakes, joint health shakes, calorie burn drinks, calorie burn flavor infusers, antioxidant shakes, antioxidant flavor infusers, bars, crunch bars, blends, soups, chili, oatmeal, pudding, eggs, softbakes, hot cocoa, cappuccino, chai latte, iced teas, fruit drinks, pretzels, puffs, brownie, pancakes, soy crisps, crackers, Omega 3, and digestive and sleep health products. Medifast, Inc. 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 supported through the phone and Internet; Take Shape for Life, a physician led network of independent health coaches; and weight control centers. The company was founded in 1980 and is headquartered in Owings Mills, Maryland.

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Corporate Governance 
Medifast Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (High Concern), Board (Low Concern), Compensation (High Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Michael C. MacDonald , 57
Exec. Chairman and Chief Exec. Officer
47.00K0.00
Ms. Margaret E. MacDonald-Sheetz MBA, 35
Pres, Chief Operating Officer, Director and Member of Exec. Committee
708.00K0.00
Mr. Brendan N. Connors CPA, 34
Chief Financial Officer
357.00K0.00
Mr. Jason L. Groves Esq., 41
Exec. VP, Gen. Counsel, Director and Member of Exec. Committee
12.00KN/A
Col. Bradley T. MacDonald USMC (Ret.), 64
Treasurer and Chairman of Exec. Committee
721.00K0.00
Amounts are as of Dec 31, 2011 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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