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BALTIMORE, Dec. 14, 2020 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities,
OPTAVIA®, announced that Non- Executive Chairman of the Board, Michael MacDonald, has stepped down from the role. At its regularly scheduled board meeting, the Board of Directors unanimously appointed Medifast's Chief Executive Officer, Dan Chard, to the role of Executive Chairman effective immediately. Chard will also retain his role as Chief Executive Officer.
Michael MacDonald joined Medifast as member of the Board of Directors in 1998, and was named Executive Chairman in 2011. He was promoted to Executive Chairman and Chief Executive Officer in 2012 and launched the