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Stock impact report

Medifast Announces Planned Leadership Transition

MEDIFAST INC (MED) 
Last medifast inc earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.medifastnow.com
Company Research Source: Business Wire
 Nicholas Johnson Appointed President, and Expected to Succeed Dan Chard as CEO in June 2026; Chard to Remain Chairman BALTIMORE--(BUSINESS WIRE)--Medifast, Inc. (NYSE: MED) today announced a planned leadership transition designed to provide continuity and stability as the company continues its evolution toward metabolic health.Medifast Chairman & Chief Executive Officer Dan Chard has informed the Board of Directors that he plans to step down as Chief Executive Officer in June 2026. Chard will continue to serve as Chairman of the Board following the transition.The Board has appointed Medifast’s Chief Field Operations Officer Nicholas Johnson as President of Medifast, effective immediately. Johnson will work closely with Chard and the Board during a deliberate transition period and is expected to assume the role of Chief Executive Officer following Chard’s departure.“This decision comes at a moment when I feel confidence in the direction of Medifast, the strength of our leadership t Show less Read more
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