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Medifast, Inc. (0K05.L)

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Medifast, Inc.

100 International Drive
18th Floor
Baltimore, MD 21202
United States
410 581 8042
https://medifastinc.com

Sector(s)
Industry
Full-time employees634

Description

Medifast, Inc., through its subsidiaries, engages in the manufacture and sale of weight loss, weight management, and healthy living products in the United States and the Asia-Pacific. It offers bars, puffs, cereal, crunchers, drinks, hearty choices, oatmeal, pancakes, pudding, soft serve, shakes, smoothies, soft bakes, and soups under the OPTAVIA, OPTAVIA ACTIVE, and Optimal Health brand names. The company markets its products through point-of-sale transactions, as well as through ecommerce platform. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.

Corporate governance

Medifast, Inc.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 8; Board: 4; Shareholder rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.