Medifast (MED) Names Joseph Kelleman as Interim CFO

December 26, 2012 4:03 PM EST Send to a Friend
Medifast, Inc. (NYSE: MED) announced that the Company's interim Chief Financial Officer, Edward J. Powers, will resign to accept another job opportunity in the construction tool industry in the greater Baltimore area, effective January 4, 2013. Chairman and Chief Executive Officer, Michael C. MacDonald has named Joseph Kelleman, the Company's Director of Finance - Supply Chain, as interim Chief Financial Officer. Mr. Powers is currently working with Mr. Kelleman to ensure a smooth transition.

As previously announced on November 13, 2012 the Company has engaged an executive recruiting firm to conduct a search for a new chief financial officer.


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