Source: Press Release 12/17/2011  

Mannatech Announces Executive Change

COPPELL, Texas, Dec 16, 2011 -- Mannatech, Incorporated has announced the resignation of one of its senior executives.

Stephen D. Fenstermacher, Chief Financial Officer and co-CEO, resigned effective December 13, 2011, to accept an opportunity with a financial services company. Mr. Fenstermacher joined Mannatech in 1998, and has served as its Chief Financial Officer since October 1999. He joined the Mannatech Senior Executive Office as co-CEO in December 2009. The Company's Board of Directors is currently evaluating the vacancy in the Senior Executive Office resulting from Mr. Fenstermacher's resignation.

Mannatech has promoted S. Mark Nicholls to Chief Financial Officer. Mr. Nicholls joined Mannatech in December 2007 to serve as Senior Tax Manager, and most recently served as Vice President Treasury & Tax. Prior to joining Mannatech, Mr. Nicholls served as Tax Director at Carter & Burgess, a large architectural and engineering firm in the United States, and as Chief Financial Officer for The Cirrus Group, a real estate management and development company. Additionally, Mr. Nicholls spent ten years working at public accounting firms, including PricewaterhouseCoopers and BDO Seidman. He is a Certified Public Accountant licensed in the State of Texas.

"We are very thankful for the many contributions Steve has made at Mannatech in his 13 years of service at the company, and wish him the utmost success in his new ventures," says co-CEO and Chief Science Officer Robert. A. Sinnott. "Moreover, we're excited about the promotion of Mark Nicholls to Chief Financial Officer. Mark has been an integral part of the Mannatech team over the past four years. He is equally impressive in both his ability to protect Mannatech's financial standing and in his comprehension of the growth mechanisms that influence success in the direct sales industry."

View Mannatech Review

 

Related Mannatech News

  • Mannatech Announces Changes to Executive Team
    COPPELL, Texas, May 19, 2014 -- Mannatech®, Incorporated, the pioneer of nutritional glycobiology , and leading innovator of naturally-sourced supplements based on Real Food Technology solutions , and creator of the M5MSM (Mission...  Read More...
  • Mannatech Celebrates 20th Anniversary
    FRISCO, Texas, May 1, 2014 -- Today, Mannatech®, Incorporated, the pioneer of nutritional glycobiology, leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5M (Mission...  Read More...
  • Mannatech Launches New Skin Care Product
    COPPELL, Texas, Nov 12, 2013 -- Mannatech(R), Incorporated, the founder of the Mission 5 Million(SM) social entrepreneurial movement and leading innovator of naturally-sourced supplements based on Real Food Technology(R) solutions...  Read More...
  • Mannatech Launches Mission 5 Million Movement
    COPPELL, Texas--August 29, 2013-- Mannatech, Incorporated, the pioneer of nutritional glycobiology and leading innovator of naturally-sourced supplements based on Real Food Technology(R) solutions, is announcing the official launc...  Read More...
  • Mannatech Reports Q2 2013 Financial Results
    COPPELL, Texas, Jul 31, 2013 -- Mannatech,Incorporated, a leading developer and provider of nutritional supplements and skin care products based on Real Food Technology(R) solutions, today reported a net income of $0.8 million, or...  Read More...

 

Mannatech News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed

Recent News

Founder of Empower Network Announces Strategy Shift
Los Angeles, CA, October 10, 2014 -- David Wood, founder of Empower Network, is pleased to announce that his company is ...10/14/2014
Vemma Awards Cash and Prizes to Winners of Bod-e Challenge
TEMPE, Ariz., Oct. 7, 2014 -- Vemma awarded more than $50,000 in cash and prizes on September 26 to the winners of its l...10/14/2014
Herbalife Appoints Pamela Jones Harbour Sr VP, Global Member Compliance
LOS ANGELES, Oct 06, 2014 -- Global nutrition company, Herbalife, today announced the appointment of Pamela Jones Harbou...10/14/2014
Shaklee Brain Research Grant Program Established
MINNEAPOLIS, Oct. 6, 2014 -- How might nutrients, or a combination of nutrients, affect your memory over the next few ho...10/14/2014
1BitCoin Sets Launch Date
1Bitcoin Sets Date For Launching its 1bitcoinnetwork.com HENDERSON, NV 10/09/2014 - - Get Real USA...10/13/2014