Medifast, Inc. (MED)

115.84 -0.47 (-0.40%) At close: 04:00PM EST

Medifast, Inc.

100 International Drive
18th Floor
Baltimore, MD 21202
United States
410 581 8042
https://medifastinc.com

Sector(s): Consumer Cyclical
Industry: Personal Services
Full-time employees: 984

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Daniel R. Chard	Exec. Chairman & CEO	3.45M	N/A	1965
Mr. James P. Maloney CPA	Chief Financial Officer	1.13M	N/A	1968
Mr. Anthony E. Tyree	Chief Marketing Officer	964.79k	N/A	1966
Mr. Nicholas M. Johnson	Pres of Coach & Client Experience	1.01M	N/A	1980
Ms. Lauren Walker	Exec. VP of Supply Chain Operations	1.07M	N/A	1967
Mr. Jonathan Barrett MacKenzie	VP of Fin. & Chief Accounting Officer	N/A	N/A	1972
Mr. Jason L. Groves Esq.	Exec. VP, Gen. Counsel & Corp. Sec.	N/A	N/A	1971
Ms. Claudia C. Greninger	Exec. VP of HR	N/A	N/A	1973

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes 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 in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.

Corporate governance

Medifast, Inc.’s ISS governance QualityScore as of 1 February 2023 is 3. The pillar scores are Audit: 8; Board: 4; 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 10 indicates higher governance risk.