Medifast, Inc. (MED)

199.04 -4.85 (-2.38%) 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: 713

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Daniel R. Chard	Exec. Chairman & CEO	2.68M	N/A	1965
Mr. James P. Maloney CPA	Chief Financial Officer	694.62k	N/A	1968
Mr. William M. Baker IV	Exec. VP of Information Technology	729.77k	N/A	1972
Mr. Anthony E. Tyree	Chief Marketing Officer	893.8k	N/A	1966
Mr. Nicholas M. Johnson	Pres of Coach & Client Experience	861.94k	225.4k	1980
Mr. Jonathan B. MacKenzie	Chief Accounting Officer	N/A	N/A	1971
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
Ms. Lauren Walker	Exec. VP of Supply Chain Operations	N/A	N/A	1967

Amounts are as of December 31, 2020 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 in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through point of sale transactions over ecommerce platform and its franchisee system. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.

Corporate Governance

Medifast, Inc.’s ISS Governance QualityScore as of September 26, 2021 is 2. The pillar scores are Audit: 6; 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 a 10 indicates higher governance risk.