Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported) June 14, 2007
MEDIFAST,
INC.
(Exact
name of registrant as specified in its charter)
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Delaware
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000-23016
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13-3714405
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(State
or other jurisdiction
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(Commission
File Number)
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(IRS
Employer
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of
incorporation or organization)
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Ident.
No.)
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11445
Cronhill Drive, Owing Mills, Maryland
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21117
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant's
telephone number, including area code (410)-581-8042
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Section
5 - CORPORATE GOVERNANCE AND MANAGEMENT
Item
5.02 - Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On
June
12, 2007, Medifast, Inc.’s (the “Company’s) Board of Directors elected a new
independent board member to the Owings Mills, Md based meal replacement company.
The newly elected board member is Richard T. Aab. Mr. Aab co-founded US LEC
in
June 1996 and has served as Chairman of the Board of Directors since that
time. He also served as Chief Executive Officer from June 1996 until
July 1999. Between 1982 and 1997, Mr. Aab held various positions with ACC
Corp., an international telecommunications company in Rochester, NY, including
Chairman and Chief Executive Officer, and served as a director. Mr. Aab is
a member of the Board of Trustees of the University of Rochester, the University
of Rochester Medical Center, Rochester Institute of Technology and various
private corporate institutions. The Board now consists of 10 directors,
including the Chairman of the Board.
Mr.
Aab
is not a party to any transaction with the Company or any subsidiary of the
Company, and the Company has not entered into arrangements in connection with
his election to the Board of Directors.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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/s/
Michael S. McDevitt
Michael
S. McDevitt
Chief
Executive Officer
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