Michael C. MacDonald , age 59, joined Medifast's Executive Committee of the Board of Directors in 1998, has served as Executive Chairman since November 2011, and was promoted to Chairman & Chief Executive Officer in February 2012. Prior to this role, Mr. MacDonald was Executive Vice President of OfficeMax, overseeing the Contract Division – a $3.6 billion division of the OfficeMax Company. Mr. MacDonald has spent an additional 33 years in sales, marketing, and general management at Xerox Corporation. Among his most significant roles was leading the turnaround in North America from the years 2000 to 2004 as President of the North American Solutions Group, a $6.5 billion division of Xerox. In addition, Mr. MacDonald was President of Global Accounts and Marketing from 2004 to 2007, where he led the re-branding of the Xerox Corporation. Mr. MacDonald also has international experience in marketing, sales, and operations with both Xerox and OfficeMax. Mr. MacDonald is the uncle of Margaret Sheetz who performs the roles of President and Chief Operating Officer at Medifast, Inc. and brother of Mr. Bradley T. MacDonald.
Mr. MacDonald received his Bachelor of Arts, Political Science at Rutgers University, earned 44 MBA Credits at Iona College, and attended premier executive education courses in leadership and management at Harvard and Columbia Universities.
In addition to serving as Chairman and CEO of Medifast, Inc., Mr. MacDonald also serves on the Jimmy V Foundation and the Archdiocese of Baltimore Catholic Community Foundation.
|Holdings: 71,156 shares|
Margaret "Meg" Sheetz is the President and COO of Medifast, Inc. In March 2011, Meg also became the CEO of Take Shape for Life, a division of Medifast. As Medifast continues to see strong year-over-year growth, Ms. Sheetz has provided the operational and technical leadership that has resulted in Medifast providing the proper infrastructure to support the growth of the company. Her accomplishments include making dramatic productivity improvement in the company's operational capabilities, as well as building a strong infrastructure of distribution, manufacturing, information systems, and human resource operations necessary to support rapid business growth.
Ms. Sheetz was first selected as a Management Director in 2008 after she had assumed the positions of President and Chief Operating Officer of Medifast, Inc. Her leadership and oversight skills are greatly admired, and she is recognized in the company as a detail-orientated executive who builds high-performance teams. The Board considers her the source person to get information pertinent to the oversight of Medifast's operations.
Ms. Sheetz supports the efforts of the American Diabetes Association, the American Heart Association, and Toys for Tots Foundation. Meg sits on the Board of Directors for Stevenson University, the Greater Baltimore Committee, and Siloam, and is also a member of the Villanova President's Leadership Circle. In addition, she is the managing trustee of the MacDonald Family Foundation and the Take Shape for Life Foundation which focuses on grants to support educational programs for disadvantaged students. Ms. Sheetz is an active member of Vistage, an organization of top area business leaders who meet regularly to discuss business challenges, get peer advice, and learns how to take smart risks to move their companies confidently to the next level.
She holds a Bachelor of Arts degree from Villanova University and received an Executive MBA from Loyola University. In April 2011, Meg was awarded the 2011 Baltimore Smart CXO award. This distinguished award is given to CEO's, COO's, and CFO's who have demonstrated creative management vision, leadership, the ability to build innovative strategies, and undeniable work ethic.
Tim joined Medifast in February 2013, as Chief Financial Officer, following a 23-year career with Canon Business Solutions, Inc., a wholly owned subsidiary of Canon U.S.A.
During his tenure at Canon, Tim held several key management positions including Director of Finance, Vice President of Finance & Administration, and Vice President of Business Operations. Tim has extensive experience in the areas of Finance and Accounting, IT, Contract Administration, Sales Administration, Compensation Management, Call Center Operations, and Logistics among several other Administrative functions.
At Canon, Tim was a key member of the management team responsible for several business acquisitions and integrations resulting in significant revenue growth. His divisional responsibilities included a staff of nearly 400 people located throughout the United States and his achievements were significant in the areas of profitability improvement, process enhancements, benchmarking, and the implementation of various operational initiatives.
Prior to joining Canon, Tim worked for Deloitte Haskins and Sells as an Emerging Business Consultant in Philadelphia. Tim received his Bachelor of Science degree in Accounting at Villanova University in 1985 and received his CPA in Pennsylvania in 1987.
As the Executive Vice President for Information Technology, Don is responsible for creating scalability across our IT Infrastructure, increasing e-commerce productivity and capabilities, instituting new data security protection as well as leading the implementation of new consumer facing tools and technologies. Don joined Medifast in January 2011, and oversees a department of 40 individuals.
Prior to Medifast, Don worked in information technology at Godiva Chocolatier, Inc. and Campbell Soup Company. Don has 30 years of information technology experience with the majority being in the consumer products industry. He has managed a variety projects both in the U.S. and internationally, mostly focusing on supply chain and retail operations. Don was named by ComputerWorld Magazine as one of the Top 100 IT Leaders for 2006.
Don is certified by the American Production and Inventory Control Society (APICS). He holds a Bachelor of Science degree from Slippery Rock University and a Master of Business Administration degree from Saint Joseph’s University.
Jason L. Groves, Esq. is Executive Vice President & General Counsel for Medifast, Inc. since November 2011. Prior to joining Medifast, Jason spent ten years with Verizon, working as the Assistant Vice President of Government Affairs for Verizon Maryland responsible for legislative policy and community affairs.
Jason has a Bachelor of Science degree, cum laude, in Hospitality Management, from Bethune-Cookman University in Daytona Beach, Florida as well as a Juris Doctor from North Carolina Central University School of Law, in Durham, North Carolina. He is also a member of the New Jersey and District of Columbia bars as well as several bar associations.
Jason is an army veteran and entered active duty as a direct commissioned Judge Advocate in the United States Army Judge Advocate General’s Corp (JAG) in 1997, where he had the distinction of prosecuting criminal cases in the District Court of Maryland as a Special Assistant United States Attorney. Over the course of three years, he received two Army Achievement Medals and one Army Commendation Medal.
Confirmed by Maryland Governor O’Malley, Jason currently serves as a commissioner on the Maryland Advisory Commission on Manufacturing Competitiveness. In addition, Jason serves as a board member for several organizations, including Leadership Maryland, Anne Arundel Medical Center board of trustees, and the Maryland Hospital Association board of trustee executive committee.
As Executive Vice President of Take Shape For Life, the direct selling division of Medifast, Michelle Jones is responsible for heading up Medifast’s largest revenue channel which drives +$200M in annual revenue. Michelle joined Take Shape For Life in 2011, after an extremely successful 16-year career with Avon Products, Inc. where she held various roles within the organization. Starting her career as a District Sales Manager in Canada, she quickly moved into numerous Sales & Operation management roles until she was chosen to oversee Avon’s West Coast Area which included 125,000 independent representatives, 242 associates, and yielded +$300M in annual revenue.
Michelle received numerous awards during her tenure with Avon. Recognized for designing Avon Canada’s Leadership Development program along with a compensation redesign that led to the leadership network doubling in less than one year, Michelle became an integral part of Avon’s West Coast success.
Although Michelle calls Maryland home, she is a native of the United Kingdom. She’s fluent in Polish and has worked in both Europe and Canada.
Brian Kagen joined Medifast in June 2011, in the role of Executive Vice President, Marketing, Sales & Business Development. In August 2012, he was appointed to the position of Executive Vice President & Chief Marketing Officer. Within this role, Brian oversees all marketing across the organization, driving day-to-day execution and initiating long-term plans to build awareness, drive revenue and profit growth all while working to expand the Medifast brand. Brian’s responsibilities include brand strategy, product marketing, channel management, creative services, pricing and promotion, consumer insights, public relations, social media, and marketing communications. He also directs the Medifast Client Solutions Center and Medifast’s Nutrition & Wellness groups.
Brian came to Medifast after a 14-year career with Fortune 500 Company, Stanley Black & Decker, where he held the position of Global Vice President of Marketing. In this position, Brian was charged with leadership for the company’s largest consumer products business segment.
Brian earned his Bachelor of Arts degree from the University of Pennsylvania and his Masters of Business Administration degree from the Sellinger School of Business at Loyola University of Maryland where he serves as a guest lecturer. Brian is a graduate of Leadership Baltimore County and is active in the community as a youth football and basketball coach.
Brian Lloyd is Executive Vice President of Company Strategy, International & Business Development for Medifast. Brian is chartered with driving the overall company strategy, expanding Medifast into a true International leader and player around the globe as well as developing other business development & growth opportunities.
Brian joined Medifast in September 2012, bringing with him 14 years of diverse experience from Xerox where he held several key roles in the company—all contributing to growth. During his tenure with Xerox, Brian was responsible for driving the business development for the company’s International Partner Organization (services division) around the globe which was comprised of over 40+ Alliance professionals who drove over $1B in signings over the past five years. Prior to this role, Brian worked in Xerox’s Corporate Strategy office focusing on growth initiatives and the overall execution of their strategies for their services division. In addition, Brian held roles in Global Marketing, Lean Six Sigma, and Field Sales & Operations. In all of his roles, Brian has focused on global initiatives to drive revenue, reduce costs, and increase customer-led engagements.
Brian is a certified Lean Six Sigma black belt and holds his CSAP certification, which is the highest level in the Association of Strategic Alliance Professionals. He is a graduate of Brown University where he played Division 1 basketball. Brian finished his Executive MBA at the University of Rochester, Simon School of Business in 2005.
Guy Sheetz is Executive Vice President of Medifast’s Supply Chain, managing the teams responsible for product development, procurement, manufacturing, and distribution at our manufacturing plant in Owings Mills, Maryland and our distribution centers in both Texas and Maryland’s Eastern Shore.
Guy first joined Medifast in September 2011, as the Chief of Staff, acting as the key liaison between the office of the Executive Chairman of the Board and Medifast’s Executive Team. Prior to joining Medifast, Guy had a successful nine year career in the housing industry, most recently managing operations on the East Coast for Hanley Wood Market Intelligence. Prior to that, Guy was a key member of the Wells Fargo Financial management team, managing the operations of four of their retail fronts.
Guy’s brought his extensive expertise in operations management, data analysis, employee/client relationships, and project management to Medifast and has been responsible for working successfully to control costs while building the necessary infrastructure for Medifast’s future growth.
Guy holds a BA in Business Administration from McDaniel College (formerly Western Maryland College.) Guy resides in Maryland with his wife and two children.
As Executive Vice President of Human Resources at Medifast, Inc., Jeanne is responsible for building a strong, multi-layered Human Resources infrastructure for this fast-growing company. Since arriving in March of 2011, Jeanne has built a robust, approachable H.R. team that has assisted with her establishing a compensation infrastructure, building a training curriculum, and developing the first stage of a Leadership Development Institute as well as creating a performance management system.
Prior to joining Medifast, Jeanne was Chief Operating Officer at Bay Bank, having been recruited by a private equity firm to join a team of executives to turn around a failed bank. In 1997, Jeanne joined Provident Bank as the Managing Director of Human Resources. At the time of her departure from Provident in 2009, she held the position of Executive Vice President of Operations and Organizational Support with responsibility for all non-line functions, with the exception of Finance. Prior to joining Provident, Jeanne held similar positions at Cadmus Journal Services, Citibank, and The Rouse Company.
Jeanne is a graduate of Stevenson University.
Dominick joined Medifast in May of 2012, as our Executive Vice President of Medifast Weight Control Centers, responsible for overseeing Medifast’s brick and mortar stores nationwide. Dom has been recognized throughout his impressive career for achieving exceptional operative results through effective planning, execution, team building, and dynamic leadership.
Prior to his role at Medifast, Dominick has held several Executive level positions including, Chief Operating Officer of Vericom Technologies, a GPS tracking Fleet Management company, President/ CEO of Accelacom, a start-up satellite and wireless technology company, XO Communications Vice President /General Manager, Group Vice President/General Manager for AT&T wireless services, and Vice President/General Manager Xerox Corporations.
Dom is a graduate from RCA Technical Institute with an Associates Engineering Degree.
Stock transaction information provided by EDGAR Online. Medifast, Inc. makes no representation or warranty with respect to any of the information contained herein, takes no responsibility for supplementing, updating or correcting any such information and shall have no liability with respect to any such information. This listing does not include derivatives, such as stock option grants or shares purchased through an employee stock purchase plan. For recent transactions, including derivative transactions, see our Section 16 SEC filings page.