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Medifast, Inc. (MED)


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Medifast, Inc.

3600 Crondall Lane
Owings Mills, MD 21117
United States
410-581-8042
http://www.medifast1.com

SectorServices
IndustrySpecialty Retail, Other
Full Time Employees422

Key Executives

NameTitlePayExercisedAge
Mr. Michael C. MacDonaldExec. ChairmanN/AN/A64
Mr. Daniel R. ChardChief Exec. Officer and Director414.84kN/A52
Mr. Timothy G. Robinson CPAChief Financial OfficerN/AN/A54
Ms. Jeanne M. CityExec. VP of HR349.62kN/A57
Ms. Mehrnaz Mona AmeliPres of Take Shape for LifeN/AN/A46
Amounts are as of December 31, 2016 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.

Description

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, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape For Life, Flavors of Home, and Essential 1 brands, as well as Dual Fuel, a sports nutrition pilot program. It also provides meal replacements comprising vitamins and minerals; and hydration products, as well as other nutrients for health purposes. As of December 31, 2016, Medifast, Inc. operated weight control centers in 37 franchise locations in Arizona, California, Louisiana, Minnesota, Maryland, and Wisconsin; and 19 reseller locations in Maryland, Pennsylvania, and Texas. The company sells its products through various channels, 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.

Corporate Governance

Medifast, Inc.’s ISS Governance QualityScore as of June 2, 2017 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.