Monday, April 10, 2017

Medifast CEO receives nearly $3 million in 2016

Medifast Inc. CEO Daniel Chard took home almost $3 million in 2016. Chard became CEO of the Owings Mills-based weight-loss company in October, succeeding Michael MacDonald. He received total compensation of $2,997,438, according to Medifast’s proxy statement filed Friday. Chard’s compensation included a salary of $172,268, pro-rated from a base salary of $650,000. The majority of his compensation came from $2.6 million in stock awards. That total includes $611,603 of restricted shares and $1.97…



from http://www.bizjournals.com/baltimore/news/2017/04/10/medifast-ceo-receives-nearly-3-million-in-2016.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/159418389562

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