Medifast (MED) Names Joseph Kelleman as Interim CFO

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

December 26, 2012 9:45 AM EST

Shares of Medifast, Inc. (NYSE: MED) are under heavy pressure early Wednesday after disclosing that just over a month after taking the job, Edward Powers announced plans to resign as interim Chief Financial Officer and principal accounting officer of the Company.

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