Wednesday, May 2, 2018

Medifast CEO Daniel Chard gets a big bonus for boosting sales

Medifast CEO Daniel Chard total compensation was almost cut in half in 2017, declining 46 percent to $1.62 million. Chard’s salary was $650,00, according to Medifast’s proxy statement filed April 30 with the U.S. Securities and Exchange Commission. The decrease in Chard’s total compensation package was because he did not receive any stock awards in 2017. He received $2.6 million in stock awards in 2016. A majority of the stock awards were part of Chard’s sign-on grant when he was hired to lead…



from https://www.bizjournals.com/baltimore/news/2018/05/02/medifast-ceo-daniel-chard-gets-a-big-bonus-for.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/173520221027

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