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Mannatech Inc (MTEX.OQ)

MTEX.OQ on NASDAQ Stock Exchange Global Select Market

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17 Nov 2017
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Summary

Name Age Since Current Position

J. Stanley Fredrick

76 2009 Chairman of the Board

Alfredo Bala

54 2015 President, Chief Executive Officer

David Johnson

45 2016 Chief Financial Officer

Yong Park

47 Regional President – Asia

Christopher Simons

52 Corporate Executive

Joel Bikman

42 2014 Chief Marketing Officer

Diane Barton

2016 Controller

Ronald Norman

56 2014 Treasurer

Kevin Robbins

2016 Director

Linda Ferrell

55 2015 Independent Director

Gerald Gilbert

81 2003 Independent Director

Larry Jobe

75 2006 Independent Director

Eric Schrier

63 2014 Independent Director

Robert Toth

62 2008 Independent Director

Biographies

Name Description

J. Stanley Fredrick

Mr. J. Stanley Fredrick is the Chairman of the Board of Mannatech, Inc. He has served as a Class II director since September 2001. His current term as director expires in 2013. From November 2003 through January 2009, Mr. Fredrick served as the Lead Director for the Board. In January 2009, Mr. Fredrick was elected to serve as the Chairman of the Board of Directors. In 2003, Mr. Fredrick was a founding board member of Professional Bank in Dallas, Texas, a boutique bank that provided certain financial resources to its customers. He co-founded Cameo Couture, Inc., which operated as Colesce Couture, a distributor of intimate apparel, and Colony House, Inc., a private label cookware company, both of which operated through direct selling channels. Mr. Fredrick also co-founded Irving National Bank Shares, a commercial bank holding company, and served as a consultant to the bank from 1994 until it was sold in 2000. Mr. Fredrick has been actively involved for over 38 years in the Direct Selling Association, a national trade association of firms that manufacture and distribute goods and services directly to consumers. He has served on the Direct Selling Association’s Board of Directors and various committees thereof. From 1987 to 1988, Mr. Fredrick served as Chairman of the Direct Selling Association and from 1988 to 1990, he served as Chairman of the Direct Selling Education Foundation. He has been inducted into the Direct Selling Association’s highest honor, the “Hall of Fame,” as well as into the Direct Selling Education Foundation “Circle of Honor.” Mr. Fredrick received a B.A. in English from Central State University, in Edmond, Oklahoma.

Alfredo Bala

Mr. Alfredo Bala is President, Chief Executive Officer of Mannatech, Inc. Mr. Bala joined Mannatech in October 2007 as Senior Vice President, Global Sales. He was then named Executive Vice President, Sales in June 2011. Due to his involvement in Mannatech’s global sales and marketing efforts, in January 2012, Mr. Bala was named Executive Vice President, Sales & Marketing. Mr. Bala was promoted in February 2014 to serve as President International, Executive Vice President, Chief Sales & Marketing Officer. Mr. Bala served as Chief Operating Officer of Britt Worldwide, LLC, one of the largest independent Amway network marketing organizations, from 1992 to 2006. While with Britt Worldwide, his main focus was providing motivation, training and tools for associates in the field in more than 65 countries across the globe. Mr. Bala was also heavily involved in the launch and re-launch of over 60 international markets, including BRICS markets (Brazil, Russia, India, China and South Africa), which propelled the Britt Worldwide international sales volume to more than $500 million. Mr. Bala served as manufacturing plant manager for Bose Corporation from 1983 to 1992. He is conversant and/or fluent in more than 13 languages. Mr. Bala received an Associate Degree in Electrical Engineering from the Community College of Rhode Island. Mr. Bala’s current compensation and, to the extent applicable, the information required by Item 404(a) of Regulation S-K are included in the Company’s definitive proxy statement filed by the Company with the Securities and Exchange Commission on April 15, 2014.

David Johnson

Mr. David A. Johnson is Chief Financial Officer of the Company. Johnson joined Mannatech in July 2013 and brings more than 22 years of experience to the company. He is responsible for reporting financial results to shareholders, Associates and management with a focus on improving the financial operations of the enterprise through continuous dedication to tight expense control. Prior to Mannatech, Johnson held several financial management positions, including manager of accounting at Safety-Kleen and financial controller at Copart. He is a CPA with several years of experience in public accounting.

Yong Park

Mr. Yong Jae Park is Regional President – Asia of Mannatech Inc., Mr. Park served Mannatech as General Manager, South Korea in 2009 . Mr. Park was promoted to General Manager Taiwan and Korea in May 2012 and to Regional Vice President Northern Asia in September 2013 before promotion to his current position, Regional President Asia, in May 2014. Mr. Park has management responsibilities for the South Korea, Japan, Taiwan and Hong Kong markets. Prior to joining Mannatech, Mr. Park served 13 years in the direct sales industry, including working at Herbalife from March 1993 to November 2006 where he worked on international expansion and distributor operations. Mr. Park is fluent in English and Korean.

Christopher Simons

Mr. Christopher J. Simons is Regional President – Europe, Middle East, Africa, Australia of Mannatech Inc., Mr. Simons Mannatech served as Director of Sales in 2008 , South Africa. He was promoted to Regional Vice President Europe, Middle East and Africa in November 2013 and then to his current position, Regional President Europe, Middle East, Africa and Australia in May 2014. Prior to joining Mannatech, Mr. Simons spent five years as Chief Operating Officer at DreamHouse Publishing in South Africa. Prior to DreamHouse Publishing, Mr. Simons played integral roles in launching new markets including Malaysia, India, China, Turkey, Indonesia, Thailand, and the European region for Network TwentyOne, one of the largest independent networks of direct sellers in the world. Mr. Simons graduated Selborne College in 1980 and received a Post Graduate Diploma in Management Accounting from the University of Cape Town Graduate School of Business in 2000.

Joel Bikman

Mr. Joel R. Bikman is Chief Marketing Officer of Mannatech Inc., Joel Bikman joins Mannatech as Chief Marketing Officer, with many years of experience in marketing within both the direct sales and nutritional supplements industry. As Chief Marketing Officer for Mannatech, Mr. Bikman will oversee the company’s efforts in product marketing, creative services, communication and overall strategic marketing and research. Mr. Bikman most recently served as Senior Vice President of Sales and Marketing for TriVita, a wellness and services company based in Scottsdale, Arizona. Previously, Mr. Bikman served as Vice President of Marketing at Freelife International in Phoenix, Arizona, and also Vice President of Marketing at Isagenix International in Chandler, Arizona. Prior to his entry into direct sales, Joel Bikman served as Account Supervisor at Cramer-Krasselt, the second-largest independent advertising agency in the country. Mr. Bikman holds a BA in Communications and an MBA from Brigham Young University in Provo, Utah.

Diane Barton

Ms. Diane Barton is Controller of the Company. Barton has more than 30 years of accounting experience with public and private companies and joined Mannatech in 2006 as Accounting Systems Liaison. In the last four years, her responsibilities have increased to include leading the U.S. accounting team, preparing SEC reports as well as serving as the finance system lead for new country launches. She has held several accounting and finance positions within the company since she began, being promoted to Financial Services Manager, Assistant Controller and now Controller.

Ronald Norman

Mr. Ronald D. Norman is Treasurer of Mannatech Inc., since June 13, 2011. Prior to his current position, he was promoted to Senior Vice President International in June 2011 and previously served for several years as Vice President of International Operations. From 1996 to 2005, he held various positions within Mannatech’s finance department including Treasurer. Prior to joining Mannatech, Mr. Norman had 15 years of experience in public accounting, focusing on providing tax, accounting, finance and general business consulting services to entrepreneurial and growth stage companies with an emphasis on preparing these companies for entry into the public markets or preparing them for international expansion. Mr. Norman received both his BS. and M.S. degrees from Baylor University. He is a Certified Public Accountant licensed in the State of Texas and is a member of the American Institute of Certified Public Accounts and Dallas Chapter of the Texas Society of Certified Public Accountants. Mr. Norman donates his time and expertise to various autism advocacy groups in the North Texas area including the DFW Center of Autism and the North Texas Chapter of the Autism Society of America. .

Kevin Robbins

Mr. Kevin Robbins serves as Director of the Company. He brings to the Board 22 years of invaluable Mannatech field experience and perspective as well as extensive service as a leader of our independent sales Associates. Robbins began his part time Mannatech career in 1994. By 1996, Kevin was able to dedicate his career to Mannatech full time. In 2003, he was awarded as the global recipient of the Ray Robbins Giving Spirit Award. Then, in 2012, Kevin was recognized as one of the Top Global Business Builders of the Year. Robbins has been a leader for Mannatech since 2000, when he was elected to represent Mannatech’s North America field as part of the North American Advisory Council. He originally served five years on the advisory council, and was later re-elected for another three-year term. As part of the advisory council, Kevin served as Chairman for five years where he worked closely with the company to develop new compensation plans, new incentive trips and training programs with respect to independent sales Associates in North America. Robbins earned a Bachelor of Business Administration in Marketing at The University of Texas at Arlington.

Linda Ferrell

Dr. Linda K. Ferrell, Ph.D., is an Independent Director of Mannatech Inc., Dr. Ferrell is completing nine years at the University of New Mexico, and will be joining the Jack C. Massey School of Business at Belmont University this fall. Currently she serves as the President of the Academy of Marketing Science; is on the Board of Visitors for the University of Central Florida, Nicholson School of Communication; and is a member of the American Marketing Association. Previously, Dr. Ferrell has served on the Board of the National Association of State Boards of Accountancy, Center for the Public Trust; the Board of Directors and Executive Committee for the Direct Selling Education Foundation, in the Doris Christopher endowed board seat; and the Cutco/Vector College Advisory Board. She has published refereed articles concerning marketing ethics, ethics training methods and effectiveness, strategic philanthropy, corporate social responsibility and sustainability. Dr. Ferrell received her B.S. in Retailing-Fashion Merchandising and her M.B.A. from Illinois State University. She also received her Ph.D. in Business Administration, management concentration, from the University of Memphis. Prior to completing her doctorate, she worked in advertising for McDonald’s advertising agency and Pizza Hut’s advertising agency.

Gerald Gilbert

Mr. Gerald E. Gilbert is an Independent Director of Mannatech, Inc., since June 2, 2003. He is the Chairman of the Compliance Committee. His current term as director expires in 2015. A former Assistant U.S. Attorney, from 1968 until his retirement in December 2002, Mr. Gilbert practiced law with the international law firm of Hogan and Hartson L.L.P., now known as Hogan Lovells L.L.P. His legal and business experience includes international trade, national trade associations, and various areas of consumer products. From 1968 to 1999, Mr. Gilbert served as General Counsel to the Direct Selling Association. Mr. Gilbert was the recipient of the “Hall of Fame Award,” which is the Direct Selling Association’s highest honor. He also served as General Counsel to the World Federation of Direct Selling Associations and the Tropical Forest Foundation. Mr. Gilbert served in the U.S. Naval Reserve from 1956 to 1992 and was promoted to Rear Admiral (Two Stars), the top ranking officer in the Naval Reserve JAG Corps. During his distinguished military service, Mr. Gilbert received numerous awards, including the “Legion of Merit”. He is also a Past National President of the Federal Bar Association. He received a B.A. degree in English from Denison University, in Granville, Ohio and a Juris Doctor from the University of Virginia School of Law, in Charlottesville, Virginia. Mr. Gilbert is a member of the State Bars of Virginia and the District of Columbia and is admitted to practice before the United States Supreme Court.

Larry Jobe

Mr. Larry A. Jobe is an Independent Director of Mannatech, Inc., since January 4, 2006. His current term as director expires in 2015. In February 2007, Mr. Jobe began serving as Chairman of Audit Committee. Mr. Jobe serves as Chairman of Legal Network, Ltd., a firm he founded in 1993 that provides staffing and litigation support to law firms and corporate legal departments. He also currently serves as President and founder of P 1 Resources, LLC, which has provided engineering and light industrial staffing services to the construction industry since 1994. From 1991 to 1994, Mr. Jobe was Chairman and founder of Mitchell Jobe & Company, a provider of professional staffing services for government and industry. From 1973 to 1991, he served in various capacities, including as a member of the Executive Committee and Chairman of the Strategic Planning Committee with the accounting firm Grant Thornton LLP. In 1969, he was appointed by President Richard Nixon to serve as the Assistant Secretary of Commerce for Administration at the United States Commerce Department. Mr. Jobe currently serves as the Chairman of Independent Bank of Texas and Chairman of the Audit Committee for U.S. Home Systems, Inc. In addition, Mr. Jobe serves as Chairman of the Audit Committee and a member of the Board of Directors of SWS Group, Inc., a Dallas-based New York Stock Exchange member. He received a B.B.A. degree in Accounting from the University of North Texas, in Denton, Texas. Mr. Jobe maintained an active Certified Public Accountant license from 1962 to 2002 and currently maintains his license on an inactive or retired status. Mr. Jobe serves as Chairman of the Dallas Seminary Foundation.

Eric Schrier

Eric W. Schrier is an Independent Director of Mannatech Inc., He served as President and CEO of The Reader’s Digest Association where he was responsible for $2.4 billion in revenue and 4,500 employees and more than 100 million customers in 70 countries during his tenure from January 2006 to March 2007. Since June 2013, he has served on the Board of Directors as Chairman for Edible Media, a multi-platform media company in the farm-to-table food space. He currently serves on the Boards of Directors for TEN (The Enthusiast Network) (since January 2011), American Chemical Society (since June 2012), Reader’s Digest Association (since April 2014), and MeQuilibrium (since October 2011). He has previously served on the boards of Willow House (from July 2009 to December 2013), Demdex Corp (from July 2009 to January 2011), and Bonnier USA (from September 2007 to July 2009). Since January 2009, he has consulted with large media corporations to help them create and pursue their digital strategies and diversify their revenue streams. Previously, he identified and evaluated selected acquisitions and partnership opportunities in media at Ripplewood Holdings. Prior to this, he served in a variety of positions at The Reader’s Digest Association, Inc. from January 2000 to March 2007. From 1995 to 2000, he served as President and CEO for Time Inc. Health expanding the franchise into other print and digital media and markets including managed care and pharmaceutical companies. From 1990 to 1995 he served as Editor-in-Chief for Time Inc. Ventures where he evaluated new magazine ideas, acquisitions, franchise extensions, and other growth markets. Mr. Schrier earned a Bachelor’s Degree in Human Biology from Brown University in 1973 and a Masters in Journalism from U.C. Berkeley in 1977.

Robert Toth

Mr. Robert A. Toth is an Independent Director of Mannatech, Inc., since March 24, 2008. He is the Chairman of the Compensation and Stock Option Plan Committee. His current term as director expires in 2014. Mr. Toth is Co-founder and Chairman of Tatra Spring LLC, a supply chain services company based in Poland. He is a director of the Knowtions Company, a performance support systems software firm based in Ringoes, New Jersey. Since 2006, he has worked in venture capital as a private investor focused on new business start ups in the technology sector. Mr. Toth has over 27 years of direct selling experience, most recently as President of Avon International from 2004 to 2005. In that capacity, his operations included over 120 countries with annual revenues in excess of $5.5 billion. Mr. Toth began his Avon career in customer service in 1978, then moved to U.S. sales and operations and was promoted to U.S. Director of Sales in 1989. He transitioned to Avon International in 1991 as Director of New Business Development, where he played a lead role in Avon’s market entry plan for Russia. He was based in Warsaw from 1993 to 1997 as Avon’s President of Central and Eastern Europe, where he established and led Avon Poland. From 1997 to 2004, Mr. Toth was based in London where he held a number of senior management positions including Group Vice President, Eastern Europe, Middle East and Africa (1997-1999), Senior Vice President, Europe, Middle East and Africa (1999-2002) and Executive Vice President for Asia-Pacific, Europe, Middle East and Africa (2002-2003). Mr. Toth graduated from LaSalle University in 1974 with a B.A. in Business Administration and was an officer in the U.S. Marine Corps from 1975 to 1978.