Medifast, Inc. (MED)

19.06 +0.16 (+0.85%) As of 12:01PM EDT. Market open.

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: 634

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Daniel R. Chard	Executive Chairman & CEO	2.43M	N/A	1965
Mr. James P. Maloney CPA	Chief Financial Officer	1.02M	N/A	1968
Mr. Anthony E. Tyree	Chief Business Operations Officer	804.79k	N/A	1965
Mr. Jason L. Groves Esq.	Executive VP, General Counsel & Corporate Secretary	827.01k	N/A	1971
Mr. Nicholas M. Johnson	Chief Field Operations Officer	852.76k	N/A	1980
Mr. Jonathan Barrett MacKenzie	VP of Finance & Chief Accounting Officer	N/A	N/A	1972
Mr. Steven Zenker	Vice President of Investor Relations	N/A	N/A	N/A
Ms. Claudia C. Greninger	Chief Human Resources Officer	N/A	N/A	1973

Amounts are as of 31 December 2023, 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, engages in the manufacture and sale of weight loss, weight management, and healthy living products in the United States and the Asia-Pacific. It offers bars, puffs, cereal, crunchers, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups under the OPTAVIA, OPTAVIA ACTIVE, and Optimal Health brand names. The company markets its products through point-of-sale transactions, as well as through ecommerce platform. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.

Corporate governance

Medifast, Inc.’s ISS governance QualityScore as of 1 September 2024 is 3. The pillar scores are Audit: 7; Board: 5; Shareholder rights: 2; 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.