MED - Medifast, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Medifast, Inc.

100 International Drive
Baltimore, MD 21202
United States
410-581-8042
http://www.medifastinc.com.

SectorConsumer Cyclical
IndustrySpecialty Retail
Full Time Employees420

Key Executives

NameTitlePayExercisedYear Born
Mr. Daniel R. ChardCEO & Director2.22MN/A1965
Mr. Timothy G. Robinson CPA, CPAChief Financial Officer906.19k271.45k1962
Mr. William Baker IVExec. VP of Information Technology624.86kN/A1972
Mr. Nicholas JohnsonExec. VP of Coach Success Market Pres of OPTAVIA USA465.74kN/A1980
Mr. Jason L. GrovesExec. VP, Gen. Counsel & Corp. Sec.N/AN/A1971
Amounts are as of December 31, 2018 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, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by OPTAVIA, Flavors of Home, and Essential 1 brands. The company sells its products through various channels, including the Internet, call centers, independent health advisors, franchise weight loss clinics, and direct consumer marketing. The company was founded in 1980 and is headquartered in Baltimore, Maryland.

Corporate Governance

Medifast, Inc.’s ISS Governance QualityScore as of July 29, 2019 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; Compensation: 4.

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.