MANNATECH, INCORPORATED (NASDAQ:MTEX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 11, 2019, Dr. Linda Ferrell tendered her resignation as a member of the Board of Directors of Mannatech, Incorporated, (“Mannatech”), effective March 31, 2019. Her decision to resign was not the result of any disagreement with Mannatech.
J. Stanley Fredrick, Mannatech’s Chairman of the Board, said, “With her strong background, Dr. Linda Ferrell was able to provide a unique perspective on marketing and business ethics in our channel. We thank her for her contributions to the Board.”
About MANNATECH, INCORPORATED (NASDAQ:MTEX)
Mannatech, Incorporated is a wellness solution provider. The Company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. The Company operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries. Its Health category includes a range of daily nutritional supplements, health solutions for children and additional nutrients designed to help keep specific body systems at optimal levels. Its Weight and Fitness category offers products designed to curb appetite and burn fat, build lean muscle tissue, and support recovery from overexertion. Its Skin Care and Anti-Aging category offers products formulated with approximately 30 botanical ingredients. It sells products in three regions: North America/South America, Europe/the Middle East/Africa (EMEA) and Asia/Pacific.