OWINGS MILLS, Md., Feb. 5 /PRNewswire-FirstCall/ -- Medifast, Inc. (NYSE: MED), a leading portion-controlled weight-loss program, today announced that Executive Chairman of the Board Bradley MacDonald has been selected to participate in Leadership Maryland.
Founded in 1992, Leadership Maryland is an independent, educational, non-profit organization designed to inform top-level executives from the public and private sectors about the critical issues, challenges, and opportunities facing the state of Maryland and its regions. MacDonald is one of 46 accomplished and talented statewide leaders selected to participate in the eight-month program.
"I'm honored to be selected to participate in Leadership Maryland, and am excited to be making a valuable contribution to the program," said MacDonald. "At Medifast, we are proud to be founded and based in Maryland, and are dedicated to fighting the obesity epidemic and spreading a message of health."
Since the turnaround of Medifast in 1999, MacDonald has built the company from $5 million in revenues to over $100 million in revenues in 2008, and 36 consecutive quarters of profitability. This growth was spurred by MacDonald's sound management decisions, the introduction of key products to the market, and a financially responsible business model. As a result, Medifast is poised to continue to grow during the current economic climate and create new opportunities to further entrench itself as an industry leader.
During this time, MacDonald has grown Medifast from just 25 employees in the Owings Mills corporate offices to now employing close to 300 Marylanders. Medifast has been a leader in building a diverse team of leaders and board members with both African-Americans and women serving in key management and board positions.
Medifast has also been
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