Mannatech Announces Promotion Of Landen Fredrick To President And CEO
Portfolio Pulse from Benzinga Newsdesk
Mannatech, Incorporated (NASDAQ: MTEX) announced the retirement of CEO Alfredo (Al) Bala effective April 1, 2024, and the promotion of Landen Fredrick to President and CEO. Landen, previously President and Chief Operating Officer, has been mentored by Al Bala and is expected to drive operational excellence and execute strategic initiatives.

March 14, 2024 | 7:00 am
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Mannatech, Incorporated announces CEO transition with Alfredo Bala retiring and Landen Fredrick taking over as President and CEO.
Leadership transitions in companies, especially at the CEO level, can have a significant impact on investor sentiment and the company's strategic direction. The promotion of Landen Fredrick, who has been groomed for the role, suggests a smooth transition and potentially positive future developments for Mannatech. This could lead to increased investor confidence and a positive short-term impact on MTEX's stock price.
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