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) February 27, 2009
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:
o Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o
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
OWINGS MILLS, MD., March 5,
2009 -- Medifast, Inc. (NYSE: MED), a provider of leading clinically-proven
portion controlled weight-loss programs, today announced the appointment of John
P. McDaniel and Sr. Cathy Maguire, RSM, to the Medifast Board of
Directors. With the addition of Mr. McDaniel and Sr. Maguire, the
Medifast Board of Directors is now comprised of fourteen members, ten of which
are classified as independent under the rules of the New York Stock
Exchange.
Mr. John
P. McDaniel is a seasoned healthcare executive with more than 26 years of
experience as a chief executive officer, most recently at MedStar Health in
Columbia, Maryland. He managed one of the most comprehensive healthcare delivery
systems in the mid-Atlantic region with annual revenues exceeding $3 billion,
encompassing 25,000 employees, which included 5,000 physicians and eight leading
hospitals and other health related businesses. Mr. McDaniel has a degree in
Business Administration from Wittenberg University, a MHA in Health Management
and Policy from the University of Michigan, and an Honorary Doctorate of Humane
Letters (LHD) from Wittenberg University.
Sr. Cathy
Maguire RSM, a Sister of Mercy, has served as Associate Executive Director at
SILOAM, a Body, Mind, Spirit wellness center for the HIV/AIDS community, from
1997 - 2009. Prior to this Sr. Maguire worked in AIDS Ministry within
the prison system in Washington DC., and served as vocation director for her
religious community for 8 years. She received a BS degree in
Education/English in 1972, a MS degree in Library Science in 1974 both from
Villanova University, and a MA degree in Theology with an emphasis in Pastoral
Ministry & Spirituality in 1995 from St. Michael’s College in
Vermont. She served on the Board of the National Religious Vocation
Conference from 1990-1992.
Mr.
McDaniel and Ms. Maguire are not parties 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.
Item
9.01 Exhibits
Exhibits
pursuant to Item 5.02
99.1 Press
release dated May 5, 2009 announcing election of two new board
members\
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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MEDIFAST,
INC. |
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Date:
March 5, 2009
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By:
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/s/ Michael
S. McDevitt |
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Michael
S. McDevitt
Chief
Executive Officer
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