Medifast (MED) Can't Keep a CFO; Shares Tank

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Medifast (MED) Names Joseph Kelleman as Interim CFO

December 26, 2012 4:03 PM EST

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... More