Medifast Inc. reported last week that its chief financial officer Edward Powers plans to step down. Powers is resigning just six weeks after the company’s former CFO Brendan Connors stepped down on November 13, which analysts believe has greatly affected the company’s stocks.
As reported on December 26, Medifast’s stock shares have plummeted 13 percent to its lowest value in two years at just $25.50. The Wall Street Journal reports this makes the stock the worst performer in the Standard & Poor’s Composite 1500 index.
Powers promises to leave the company no later than January 4. According to reports his resignation from Medifast is for a desire to pursue other interests, namely to take a job in the construction-tool industry in the greater Baltimore area. Information on any further reasoning has not yet been released.
Even as we head in to the biggest season for weight loss brands, another diet company affected by recent stock exchange drops is HerbaLife. Read Full Post >
While Weight Watchers gave up the number one position in 2011 for the first time in our history, they reclaimed the top spot this year earning them the title of Most Popular Diet of 2012. As they are weeks away from celebrating their 50th anniversary, they announced Weight Watchers 360 to help people establish healthy, lasting habits right at the new year.
In a sort of diet tag, 17 Day Diet moved to number two, a more than respectable position for a series of weight loss books that has been hard at work since its debut in late 2010. This year 17 Day Diet expanded its value to its loyal followers with the publication of a cookbook and an anti-aging plan. One of only two brands that makes multiple appearances on the list, 17 Day Diet’s Meal Plan, facilitated by Bistro MD, landed at number 24 (down from number 3 in 2011).
For the first time in our list’s five-year history, acai doesn’t show up. It seems the heyday for this diet pill has run its course, but hasn’t taken the entire supplement industry down with it. Dr. Oz’s hyped promotion of raspberry ketones landed it at number 19 on the list, no doubt stealing a lot of thunder from acai.
Jillian Michaels is the only other brand that makes multiple appearances on our list, as she does every year. Her nearly five-year-old workout DVD 30 Day Shred took position 8, an improvement over last year’s number 10 ranking. Right after that is her Detox and Cleanse product, and anchoring the list at number 20, down from number 4 in 2011, is her Jillian Michaels Online subscription program. Her exit from both Biggest Loser and The Doctors in the past 18 months may have caused a slight decline, but her popularity is rarely wavering. In fact, America’s Toughest Trainer returns to NBC’s Biggest Loser for season 14 in January. We expect to see her on the list again next year.
Dr. William Vitale developed Medifast in the 1980s. Since then, many other physicians have recommended the program to more than one million customers. As reported by RedOrbit News, Medifast recently introduced new types of cereal, cheese puffs, and shakes to the market. The new meal options are designed for weight loss and portion control, similar to the other meals Medifast currently offers.
Mixed Berry and Cinnamon Brown Sugar Cereal Crunch are two new breakfast items. The Mixed Berry Cereal Crunch contains 100 calories per serving with 0 grams of trans fat, 3 grams of sugar, 4 grams of fiber, and 150 mg of sodium.
Cinnamon Brown Sugar Cereal Crunch contains 100 calories per serving with 0 grams of trans fat, 3 grams of sugar, 4 grams of fiber, and 140 mg of sodium. When compared, the Mixed Berry and Cinnamon Brown Sugar Crunch contain about the same amount of vitamins and minerals, but the Cinnamon Brown Sugar flavor has slightly less sodium.
Medifast has also introduced new cheese puffs, which include Parmesan and Chili Nacho Cheese flavors. The cheese puffs are a great way to indulge in cheesy goodness without tipping the scale on calories.
Medifast’s Chili Nacho Cheese Puffs contain 110 calories per serving with 0 grams of trans fat, 1 gram of sugar, 4 grams of fiber, and 360 mg of sodium. They also contain 20 percent of the daily requirement of vitamins A and C. Read Full Post >
The Medifast weight loss program is a great one for those that want to lose weight quickly through meal replacement.
While on the Medifast program, participants have five meals that are all prepared by Medifast, and in addition, one daily ‘Lean & Green’ meal. The Lean & Green meal consists of five to seven ounces of lean protein, three servings of vegetables, and up to two healthy fats, depending on your lean protein choices. Dieters can choose to have their Lean & Green meal at any point during the day and can also divide it up into two different portions and eat half of it at a time.
Some tips for choosing your lean portion of the meal include meats that are grilled, baked, broiled or poached – but nothing fried. Also strive to eat at least two servings of fish per week that are rich in omega-3 fatty acids. Some of the seven-ounce options for the lean portion of the meal include fish, shellfish, game meat, ground turkey or any other meat that is 98 percent lean, or meatless options like egg whites and egg beaters. Read Full Post >
Just two days after nearly 100 tornados sent a devastating storm through Wichita, the city’s mayor, Carl Brewer, carved out time to welcome a gale-force of health to KU Medical School. Dr. Wayne Andersen, co-founder of Take Shape for Life and author of Habits of Health, visited Wichita last night to talk to the local medical community about creating health, not reacting to disease. It’s all part of his Take Shape for Life initiative.
“Wichita has some ugly [health] statistics,” said event coordinator Deb Floodman, who introduced the mayor. Running on only a few hours of sleep, he took notice that Deb glanced his way way when she made the statement, and laughed when responding “I’m working on it!” He welcomed Dr. Andersen, his message, and the potential it has to help reform one of the most unhealthy, overweight cities in the country. A starting point is to educate Wichita’s doctors so that they can properly care and treat thousands of overweight and obese patients.
“Our patients are patched up, but not fixed,” said Dr. Andersen at the top of his lecture. He shared some startling statistics about health and obesity, including how obesity recently overtook smoking as the most costly health problem. He explained our biological history and how we’ve gotten ourselves in to the mess we’re in because “we’re eating way too much food,” and the wrong kinds at that. And he talked down a $68 billion diet industry that “doesn’t work,” only exacerbates a seemingly endless problem.
Watch our exclusive interview from the event, then read on to learn more about Take Shape for Life.