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Medifast acting CFO to resign, effective no later than January 4

Medifast (MED) disclosed in a regulatory filing that on December 19 Edward Powers notified the company of his intent to resign from his position as acting Chief Financial Officer and principal accounting officer of the company, effective not later than January 4, 2013, to pursue other interests. Powers became acting CFO on November 13 after the resignation of CFO Brendan Connors. The company said it has been and is continuing to conduct a national search for the CFO position. On an interim basis and in addition to his current duties, Joseph Kelleman, the company’s Director of Finance – Supply Chain will act as the company’s CFO, Medifast stated.