COPPELL, Texas--(BUSINESS WIRE)--Apr. 21, 2016--
Mannatech®,
Incorporated (NASDAQ: MTEX), a global health and wellness company
committed to transforming lives to make a better world, announced it has
promoted David Johnson, Chief Accounting Officer, to Chief Financial
Officer as it continues to build an executive team dedicated to
supporting its independent sales Associates.
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Mannatech's Controller, Diane Barton, and Chief Financial Officer, David Johnson (Photo: Business Wire)
“David has demonstrated his commitment to ensuring Mannatech’s finance
department is keeping pace with our global transformation of new
products, new technology and international expansion,” said Mannatech’s
CEO and President, Alfredo “Al” Bala. “We believe he is well-equipped to
lead Mannatech down a path of profitability and prosperity in the
exciting times that lie ahead for the company.”
In his new role, Johnson will lead the company’s accounting, finance and
treasury teams. 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.
At the same time, Mannatech has also promoted Diane Barton, Assistant
Controller, to Controller. Through her promotion, Barton will have an
expanded role in SEC reporting, accounting policy development, risk
management and international accounting functions.
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.
These executive promotions follow Mannatech’s recent new brand reveal
and are a part of a number of new initiatives designed to reshape the
company. This overall strategy to transform is intended to enable
Mannatech to better serve Associates and customers around the world.
To begin transforming your life or the lives of those around you, please
visit Mannatech.com.
About Mannatech
Mannatech, Incorporated, offers a profound wellness experience through a
financially rewarding opportunity that makes a difference in the lives
of people across the world. Through its innovative glyconutrition
products, Mannatech transforms lives, providing an unprecedented level
of natural wellness, freedom and purpose.* With more than 20 years of
experience and operations in more than 25 countries, Mannatech is
committed to transforming lives. For more information, visit Mannatech.com.
*These statements have not been evaluated by the Food and Drug
Administration. These products are not intended to diagnose, treat, cure
or prevent any disease.
Please note: This release contains “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as amended,
and the Private Securities Litigation Reform Act of 1995. These
forward-looking statements generally can be identified by use of phrases
or terminology such as “intend” or other similar words or the negative
of such terminology. Similarly, descriptions of Mannatech’s objectives,
strategies, plans, goals or targets contained herein are also considered
forward-looking statements. Mannatech believes this release should be
read in conjunction with all of its filings with the United States
Securities and Exchange Commission and cautions its readers that these
forward-looking statements are subject to certain events, risks,
uncertainties and other factors. Some of these factors include, among
others, Mannatech’s inability to attract and retain associates and
members, increases in competition, litigation, regulatory changes and
its planned growth into new international markets. Although Mannatech
believes that the expectations, statements and assumptions reflected in
these forward-looking statements are reasonable, it cautions readers to
always consider all of the risk factors and any other cautionary
statements carefully in evaluating each forward-looking statement in
this release, as well as those set forth in its latest Annual Report on
Form 10-K and Quarterly Report on Form 10-Q, and other filings filed
with the United States Securities and Exchange Commission, including its
current reports on Form 8-K. All of the forward-looking statements
contained herein speak only as of the date of this release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160421006789/en/
Source: Mannatech, Incorporated
Mannatech, Incorporated
Kalyn Dabbs, 972-471-7245
pr@mannatech.com