Medifast Management

Management criteria checks 3/4

Medifast's CEO is Dan Chard, appointed in Oct 2016, has a tenure of 8.17 years. total yearly compensation is $7.04M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 1.46% of the company’s shares, worth $2.64M. The average tenure of the management team and the board of directors is 4.8 years and 8.2 years respectively.

Key information

Dan Chard

Chief executive officer

US$7.0m

Total compensation

CEO salary percentage14.2%
CEO tenure8.2yrs
CEO ownership1.5%
Management average tenure4.8yrs
Board average tenure8.2yrs

Recent management updates

Recent updates

Medifast, Inc.'s (NYSE:MED) Business And Shares Still Trailing The Industry

Dec 11
Medifast, Inc.'s (NYSE:MED) Business And Shares Still Trailing The Industry

Medifast: Earnings Surprise, New AI Technologies, And Extremely Undervalued

Nov 06

Medifast: Reorganization, GLP-1 Medication, And FCF Imply Undervaluation

Sep 03

Medifast Business Continues To Shrink, Stock Still Risky

Aug 27

Medifast: GLP-1 Fears Are Overblown, But Proof Points For Turnaround Are Still Missing

Jun 26

Medifast: Significant Undervaluation Even As Struggles Persist

May 24

At US$22.76, Is Medifast, Inc. (NYSE:MED) Worth Looking At Closely?

May 24
At US$22.76, Is Medifast, Inc. (NYSE:MED) Worth Looking At Closely?

Lacklustre Performance Is Driving Medifast, Inc.'s (NYSE:MED) 32% Price Drop

May 24
Lacklustre Performance Is Driving Medifast, Inc.'s (NYSE:MED) 32% Price Drop

Medifast's (NYSE:MED) Conservative Accounting Might Explain Soft Earnings

May 06
Medifast's (NYSE:MED) Conservative Accounting Might Explain Soft Earnings

The Returns On Capital At Medifast (NYSE:MED) Don't Inspire Confidence

May 01
The Returns On Capital At Medifast (NYSE:MED) Don't Inspire Confidence

Medifast: Cheap Valuation, Uncertain Future

Mar 20

Medifast Is Getting Attractive

Mar 07

Medifast, Inc.'s (NYSE:MED) 26% Dip In Price Shows Sentiment Is Matching Earnings

Feb 22
Medifast, Inc.'s (NYSE:MED) 26% Dip In Price Shows Sentiment Is Matching Earnings

Medifast Share Price Loses Weight, But Is There Still Value To Be Had?

Jan 20

Are Investors Undervaluing Medifast, Inc. (NYSE:MED) By 47%?

Dec 09
Are Investors Undervaluing Medifast, Inc. (NYSE:MED) By 47%?

Medifast: Good On Paper, But A Slowdown In Sales Is Very Worrisome

Nov 24

Is It Too Late To Consider Buying Medifast, Inc. (NYSE:MED)?

Nov 21
Is It Too Late To Consider Buying Medifast, Inc. (NYSE:MED)?

Medifast: Unveiling A Challenge Beyond Weight Loss Drugs

Nov 09

Medifast: The Race To Weight-Loss Drugs Not Lost Yet

Oct 09

Medifast: Take Advantage Of Pessimism Over Weight Loss Drugs

Aug 04

Is Now An Opportune Moment To Examine Medifast, Inc. (NYSE:MED)?

Jul 26
Is Now An Opportune Moment To Examine Medifast, Inc. (NYSE:MED)?

In The Murky MLM Space, Medifast Might Actually Hold Some Promise

Jul 21

Estimating The Intrinsic Value Of Medifast, Inc. (NYSE:MED)

Jul 05
Estimating The Intrinsic Value Of Medifast, Inc. (NYSE:MED)

Medifast: In Survival Mode Against Diet Pills And The Recession

Jun 14

Medifast Holds Value During Headwinds

May 28

Medifast Non-GAAP EPS of $3.70 beats by $1.48, revenue of $337.2M beats by $7.1M

Feb 21

Medifast: A Low Earnings Multiple Despite Strong Financial Performance

Feb 07

At US$117, Is Medifast, Inc. (NYSE:MED) Worth Looking At Closely?

Jan 19
At US$117, Is Medifast, Inc. (NYSE:MED) Worth Looking At Closely?

Medifast declares $1.64 dividend

Dec 08

A Look At The Intrinsic Value Of Medifast, Inc. (NYSE:MED)

Dec 01
A Look At The Intrinsic Value Of Medifast, Inc. (NYSE:MED)

Medifast's (NYSE:MED) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 10
Medifast's (NYSE:MED) Sluggish Earnings Might Be Just The Beginning Of Its Problems

One Medifast, Inc. (NYSE:MED) Analyst Just Made A Major Cut To Next Year's Estimates

Nov 08
One Medifast, Inc. (NYSE:MED) Analyst Just Made A Major Cut To Next Year's Estimates

Medifast: This High-Yield Blue Chip Dividend Stock Is A Strong Buy

Nov 06

What Does Medifast, Inc.'s (NYSE:MED) Share Price Indicate?

Oct 20
What Does Medifast, Inc.'s (NYSE:MED) Share Price Indicate?

We Think Medifast (NYSE:MED) Can Stay On Top Of Its Debt

Sep 18
We Think Medifast (NYSE:MED) Can Stay On Top Of Its Debt

Medifast declares $1.64 dividend

Sep 08

Do Medifast's (NYSE:MED) Earnings Warrant Your Attention?

Sep 02
Do Medifast's (NYSE:MED) Earnings Warrant Your Attention?

CEO Compensation Analysis

How has Dan Chard's remuneration changed compared to Medifast's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$7m

Jun 30 2024n/an/a

US$29m

Mar 31 2024n/an/a

US$68m

Dec 31 2023US$7mUS$1m

US$99m

Sep 30 2023n/an/a

US$120m

Jun 30 2023n/an/a

US$133m

Mar 31 2023n/an/a

US$142m

Dec 31 2022US$6mUS$981k

US$144m

Sep 30 2022n/an/a

US$151m

Jun 30 2022n/an/a

US$157m

Mar 31 2022n/an/a

US$165m

Dec 31 2021US$7mUS$914k

US$164m

Sep 30 2021n/an/a

US$158m

Jun 30 2021n/an/a

US$150m

Mar 31 2021n/an/a

US$125m

Dec 31 2020US$6mUS$909k

US$103m

Sep 30 2020n/an/a

US$95m

Jun 30 2020n/an/a

US$76m

Mar 31 2020n/an/a

US$76m

Dec 31 2019US$5mUS$843k

US$78m

Sep 30 2019n/an/a

US$74m

Jun 30 2019n/an/a

US$72m

Mar 31 2019n/an/a

US$64m

Dec 31 2018US$2mUS$675k

US$56m

Sep 30 2018n/an/a

US$47m

Jun 30 2018n/an/a

US$40m

Mar 31 2018n/an/a

US$34m

Dec 31 2017US$2mUS$650k

US$28m

Compensation vs Market: Dan's total compensation ($USD7.04M) is above average for companies of similar size in the US market ($USD1.38M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.


CEO

Dan Chard (59 yo)

8.2yrs

Tenure

US$7,039,062

Compensation

Mr. Daniel R. Chard, also known as Dan, has been Chief Executive Officer of Medifast, Inc. since October 3, 2016 and Director since October 3, 2016 and also serves as its Executive Chairman since December...


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Chard
Executive Chairman & CEO8.2yrsUS$7.04m1.46%
$ 2.6m
James Maloney
Chief Financial Officer4.4yrsUS$2.01m0.092%
$ 165.5k
Anthony Tyree
Chief Business Operations Officer2.9yrsUS$1.61m0.12%
$ 211.7k
Jason Groves
Executive VP13.1yrsUS$1.63m0.12%
$ 210.7k
Nicholas Johnson
Chief Field Operations Officer5.8yrsUS$1.70m0.095%
$ 172.3k
Jonathan MacKenzie
VP of Finance & Chief Accounting Officer3.3yrsno data0.0052%
$ 9.4k
Steven Zenker
Vice President of Investor Relations1.8yrsno datano data
Claudia Greninger
Chief Human Resources Officer5.2yrsno datano data

4.8yrs

Average Tenure

53yo

Average Age

Experienced Management: MED's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Chard
Executive Chairman & CEO8.2yrsUS$7.04m1.46%
$ 2.6m
Jeffrey Brown
Lead Independent Director9.5yrsUS$263.42k0.15%
$ 264.7k
George Bray
Member of Scientific Advisory Boardno datano datano data
Michael Hoer
Independent Director6.5yrsUS$249.72k0.079%
$ 142.1k
Andrea Thomas
Independent Director5.5yrsUS$249.72k0.059%
$ 106.1k
John Foreyt
Member of Scientific Advisory Boardno datano datano data
Ming Xian
Independent Director6.5yrsUS$219.61kno data
Lawrence Cheskin
Chairman of Scientific Advisory Board16.1yrsno datano data
Sylvia Rowe
Member of Scientific Advisory Boardno datano datano data
Scott Schlackman
Independent Director9.5yrsUS$252.44k0.073%
$ 132.1k
John Hayes
Member of Scientific Advisory Boardno datano datano data
Mark Messina
Member of Scientific Advisory Boardno datano datano data

8.2yrs

Average Tenure

62.5yo

Average Age

Experienced Board: MED's board of directors are considered experienced (8.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 23:46
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Medifast, Inc. is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anand VankawalaAvondale Partners
Kara AndersonB. Riley Securities, Inc.
Scott Van WinkleCanaccord Genuity