BALTIMORE, Oct. 7, 2019 /PRNewswire/ -- Medifast (NYSE:
MED), a leading manufacturer and distributor of clinically proven
programs and healthy living products, is proud to announce it has
named Claudia Greninger as Executive
Vice President, Human Resources. Greninger is responsible for
leading the human resources team at Medifast, the company behind
the fast-growing health and wellness community,
OPTAVIA®.
"We are thrilled to welcome Claudia to Medifast's executive
team," said Dan Chard, Medifast's
Chief Executive Officer. "Claudia joins us at a critical time, as
the company continues to grow and expand into new markets. I am
confident her passion, expertise and experience will be
instrumental in supporting our employees across the globe."
At Medifast, Greninger is tasked with developing the company's
global talent management strategy, which encompasses recruitment,
succession planning and employee development and retention. She
will use Medifast's core values of accountability, integrity,
courage, teaming, empowerment, partnership and diversity to drive
her efforts.
As an essential member of the executive team, Greninger brings
more than 20 years of experience across several different
industries including education, consumer packaged goods and
financial services. Greninger is an accomplished HR leader with
extensive experience in change management, compensation design and
global mobility. She has held positions at Fortune 500 companies
including Johnson & Johnson, Inc. and Citigroup, Inc. Most
recently, Greninger served as Vice President, Corporate HR for
Laureate Education, Inc. where she was responsible for talent
management, employee development and employee engagement for 5,000
employees globally.
"I am proud to join an organization with a culture that reflects
its mission to help people transform their lives," said Greninger.
"I'm eager to partner with the company's talented employees and
energized Coach Community to drive that mission of Lifelong
Transformation, One Healthy Habit at a Time forward."
Greninger further strengthens Medifast's executive team and
joins the company amid historic growth, including its tenth
consecutive quarter of revenue growth, which was announced on its
last earnings call. Medifast recently shared its intent to double
its revenue and the number of lives it impacts every three to four
years, as it delivers on its goal of scalable, sustainable growth
for its shareholders.
For more information, visit Medifastinc.com.
About Medifast®:
Medifast (NYSE:
MED) is a leading manufacturer and distributor of clinically
proven, healthy living products and programs. The brand has been
recommended by more than 20,000 doctors since its founding. Its
integrated coach model leverages nearly 40 years of experience from
medical, franchise, e-commerce, and direct selling channels.
Medifast and its community of independent OPTAVIA Coaches embrace
the future of wellness with a shared vision to offer the world
lifelong transformation, one healthy habit at a time®. OPTAVIA® is
represented by a community of OPTAVIA Coaches who teach Clients
healthy habits, while offering support and guidance on their
transformation journey. In 2018, Medifast announced it will expand
into the Asia-Pacific markets of
Hong Kong and Singapore in 2019 with its integrated coach
model. Medifast is traded on the New York Stock Exchange and was
named to Forbes' 100 Most Trustworthy Companies in America List in 2016 and 2017. For more
information, visit www.MedifastInc.com or
www.OPTAVIA.com.
Forward Looking Statements
Please Note: This release
contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, Section 21E of the
Securities Exchange Act of 1934, as amended, and the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements generally can be identified by use of phrases or
terminology such as "continues," "intent," "expects" or other
similar words or the negative of such terminology. Such statements
include both implied and express statements regarding Medifast's
growth prospects and the execution of its business strategy.
Medifast believes this release should be read in conjunction with
all of its filings with the United States Securities and Exchange
Commission and cautions its readers that these forward-looking
statements are subject to certain events, risks, uncertainties, and
other factors. Some of these factors include, among others,
Medifast's inability to attract and retain independent
OPTAVIA Coaches and clients, increases in competition,
litigation, regulatory changes, and its planned growth into new
domestic and international markets and new channels of
distribution. Although Medifast believes that the expectations,
statements, and assumptions reflected in these forward-looking
statements are reasonable, it cautions readers to always consider
all of the risk factors and any other cautionary statements
carefully in evaluating each forward-looking statement in this
release, as well as those set forth in its latest Annual Report on
Form 10-K and Quarterly Report on Form 10-Q, and other filings
filed with the United States Securities and Exchange Commission,
including its current reports on Form 8-K. All of the
forward-looking statements contained herein speak only as of the
date of this release.
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SOURCE Medifast, Inc.