OWINGS MILLS, Md., May 1, 2017 /PRNewswire/ -- Medifast, Inc.
(NYSE: MED), is proud to announce it has been named to the 2017
Forbes 100 Most Trustworthy Companies in America list for
the second consecutive year. Medifast, in partnership with its
12,500 Take Shape For Life® Health Coaches, helps Clients achieve
Optimal Wellness through a proven weight management and Habits of
Health system.
"We are proud to be included on this prestigious list for the
second consecutive year," said Daniel
Chard, CEO of Medifast, Inc. "This is an incredible
accomplishment by our finance team, directed by our Chief Financial
Officer, Tim Robinson, and our legal
team, led by our Executive Vice President & General Counsel,
Jason Groves, who work tirelessly to
maintain the highest standards in financial management and
corporate ethics."
Forbes ranks their selections based on the company's
accounting and governance practices. According to Forbes,
during the evaluation process, factors considered include high risk
behaviors like regulatory actions, amended filings, revenue and
expense recognition methods, and bankruptcy risk.
"It is an extraordinary accomplishment to be the sole company in
our industry recognized on this impressive list," said Mona Ameli, President of Take Shape For Life.
"Honesty and integrity are important components of our mission, and
this recognition further validates our company's commitment to
financial ethics and corporate integrity."
In addition to being named to Forbes' 100 Most
Trustworthy Companies in America
List in 2016 and 2017; Medifast was also named to its annual
list of America's Best Small Companies in 2010, 2011, 2012 and
2013. A full list of Forbes 100 Most Trustworthy Companies
In America 2017 can be found here.
About Medifast®:
Medifast (NYSE: MED) is the leading provider of clinically
studied healthy living products and programs. It partners with more
than 12,500 Take Shape For Life® Health Coaches to help its Clients
achieve Optimal Wellness through a proven weight management and
Habits of Health system. Medifast was founded in 1980 in
Owings Mills, Maryland and has
been recommended by more than 20,000 Doctors. The company was
named to Forbes' 100 Most Trustworthy Companies in
America List in 2016 and 2017. For
more information, visit www.MedifastNow.com.
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SOURCE Medifast, Inc.