OWINGS MILLS, Md., July 7, 2016 /PRNewswire/ -- Medifast, Inc.
(NYSE: MED), a leading United
States manufacturer and provider of clinically proven
weight-loss and healthy living products and programs, is excited to
announce it has been named to the 2016 Forbes 100 Most
Trustworthy Companies In America list.
Forbes ranks the most trustworthy companies in America
annually based on their accounting and governance practices.
According to Forbes, the companies selected to the list "can
be relied upon to accurately report financial outcomes … and
consistently provide their shareholders with the greatest levels of
financial transparency."
"Our finance team, under the leadership of CFO, Tim Robinson, continuously strives to reach the
highest standards in financial management," said Michael
MacDonald, Chairman and Chief Executive Officer, Medifast,
Inc. "It is an honor to be included on this prestigious list of
companies from such a well-respected national business
publication."
Take Shape For Life®, Medifast's largest business unit, was the
only organization in the direct selling industry to be recognized
on the list, a significant achievement for a direct selling
company.
"We are proud to be a part of a company that not only
transforms lives, but does so with integrity, transparency and
respect," said Mona Ameli, President
of Take Shape For Life. "This recognition is a testament
to the values of both our Health Coach community and our corporate
team. To be acknowledged alongside some of the
largest and most well-known companies in the country is a
true achievement, and will help us continue to expand our
Optimal Wellbeing mission across the nation."
Medifast was previously named to Forbes' annual list of
America's Best Small Companies in 2010, 2011, 2012 and 2013.
MED-G
Medifast
Medifast (NYSE: MED) is the leading
easy-to-use, clinically proven provider of weight-loss and healthy
living products and programs. Medifast aims to help customers lead
a healthier lifestyle through a holistic approach to weight-loss
and weight management, nutrition education and fitness. Medifast's
proven results are based on the use of structured meal plans
featuring Medifast Meals, which are nutritionally designed to
assist customers with successful weight-loss and weight
management. The company sells its products and programs via
four unique distribution channels: 1) the web and national call
centers, 2) the Take Shape For Life personal coaching division, 3)
Medifast Weight Control
Centers, and 4) a national network of physicians. The company also
offers sports nutrition products under the brand Dual Fuel™
Nutrition that are formulated to provide athletes and active
individuals with the right balance of carbohydrates and high
quality protein for top performance. Medifast was founded in 1980 and is
located in Owings Mills, Maryland. For more information, log
onto www.MedifastNow.com.
About Take Shape For Life:
Take Shape For Life® is a
thriving, vibrant community that is redefining the path to
wellbeing and creating Optimal Health™ through a network of
Independent Health Coaches, who provide support and personal
encouragement to help Clients safely and effectively reach and
sustain a healthy weight, and adopt habits for a lifetime of
health. Within the Trilogy of Optimal Health, Take Shape For Life
offers individuals an opportunity to create sustainable health in
all areas of their lives – building a healthy body, developing a
healthy mind, and generating healthy finances. Take
Shape For Life provides Health Coaches with tools and support; an
innovative and leading edge lifestyle program; training and
knowledge; and best of all, a community of like-minded individuals
working toward the common goal of getting America healthy. In
2016, Take Shape For Life, and its parent company Medifast® were
ranked in the top 20 of the Direct Selling Association's largest
companies, and is a Code of Ethics member.
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SOURCE Medifast, Inc.