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Last €15.25 EUR
Change Today +0.155 / 1.03%
Volume 0.0
MNN On Other Exchanges
As of 2:08 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

mannatech inc (MNN) Snapshot

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12/9/14 - €24.53
52 Week Low
10/16/14 - €9.72
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mannatech inc (MNN) Details

Mannatech Inc. develops and sells nutritional supplements, topical and skin-care products, and weight-management products. The company sells through a network of independent associates and members in Australia, Britain, Canada, Denmark, Germany, Korea, New Zealand, Taiwan, and the U.S. Mannatech was founded in 1993 and is headquartered in Coppell, Tex.

265 Employees
Last Reported Date: 03/10/15
Founded in 1993

mannatech inc (MNN) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $332.3K
Regional President of Asia
Total Annual Compensation: $515.7K
Compensation as of Fiscal Year 2014.

mannatech inc (MNN) Key Developments

Mannatech, Incorporated Announces Executive Changes

Mannatech, Incorporated announced a series of executive promotions designed to fuel the company’s continued global expansion and commitment to providing world-class support to its independent sales Associates and customers. Under the leadership of new CEO and President, Al Bala, Joel Bikman has been promoted to the position of Senior Vice President of Sales and Marketing and Landen Fredrick has been promoted to the position of Senior Vice President of Supply Chain and IT. Additionally, Chris Simons, Regional President, will add North America to his areas of responsibility. These promotions are a result of the company strengthening major elements of its external and internal business functions by leveraging the skills and talents of its senior executives. The company’s Research and Development and Customer Service teams will be integrated with the Sales and Marketing department and will report to Bikman, the company's Senior Vice President of Sales and Marketing. Bikman has been with the company since 2014. Internal operations, including the company's Information Technology group, will synergize with the company’s Supply Chain and Regulatory Affairs organizations for greater agility and efficiency. The company’s focus on IT and global positioning of its supply chain will provide a competitive edge for its sales Associates and further the company’s international expansion into new, growing markets. Fredrick, the company’s Senior Vice President of Supply Chain and IT, will lead this effort. Fredrick has been with the company since 2006. The company Regional President, Chris Simons, will add North America to his list of oversight responsibilities, which currently includes Europe, South Africa and Australasia. Simons has provided pivotal leadership in these markets and in supporting the implementation of the company’s 3-Point Plan system, which helps sales Associates advance their business and personal development. Simons’ added responsibilities are part of Bala’s vision to be more nimble in a dynamic global market, and provide best-in-class support to meet the needs of its sales Associates and customers. Simons has been with the company since 2008. These new leadership responsibilities will be implemented immediately.

Mannatech, Incorporated Announces Executive Changes

Mannatech, Incorporated announced it has promoted its President, Alfredo (Al) Bala, to the position of Chief Executive Officer. Bala will also retain the title of President. He joined the company in 2007 and rapidly increased his responsibilities at the company, ascending to the position of President in June of 2014. Prior to joining Mannatech, Bala served for 16 years as Chief Operating Officer of Britt Worldwide, LLC. Bala replaces Dr. Robert Sinnott, current CEO of the company. Dr. Sinnott served as the company’s co-CEO from 2009 to 2012, and as CEO since 2012. Bala will assume his new role as CEO and President of the company immediately.

Mannatech, Incorporated to Release a Limited Supply of Manapol Powder

Mannatech, Incorporated announced that it will release a limited supply of Manapol powder, which will be exclusively available in the U.S. on August 19 2015. Manapol is a pure, premium, 100% aloe vera gel extract, designed to support cell-to-cell communication. Mannatech’s offering has a guaranteed molecular weight of more than one million Daltons1, testing the high of any other aloe gel extract available in the world. Rich in acetylated mannans found in the inner leaf gel of the aloe, this product supports the body’s immune system and may also provide gastrointestinal benefits. For more than 20 years, Manapol has been a key ingredient in many Mannatech products such as Advanced Ambrotose® and Ambrotose complex, and is finally being released as a standalone product after years of requests. Manapol powder will be launching exclusively for Associate attendees of the Los Angeles Super Regional meeting, August 14-15, 2015. The official launch for all other U.S. Mannatech Associates and the general public will be on August 19 2015.


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