Medifast (MED) Names Daniel R. Chard as CEO; Company Sees Meeting or Exceeding Q3 Guidance
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Medifast, Inc. Announces Appointment of Direct Selling Industry Veteran Daniel R. Chard as Chief Executive Officer
October 3, 2016 5:05 PM EDTOWINGS MILLS, Md., Oct. 3, 2016 /PRNewswire/ -- Medifast, Inc.® (NYSE: MED), a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, today announced that Daniel ("Dan") R. Chard has been appointed as Chief Executive Officer and as a member of Medifast's Board of Directors, effective today, bringing the size of the board to 10 members.  Mr. Chard succeeds Michael MacDonald, who will stay with Medifast in the role of Executive Chairman of the Board. Mr. Chard was selected by a search committee led by Mr. MacDonald and... More