GlobeNewswire·Sep 1, 2026, 4:01 PM ET

Mannatech Announces Retirement of J. Stanley Fredrick from the Board and Appointment of Robert Toth as Chairman of the Board

MTEX

Mannatech, Incorporated (NASDAQ: MTEX) announced the retirement of J. Stanley Fredrick from its Board of Directors effective September 1, 2026.
Robert Toth was appointed Chairman of the Board effective September 1, 2026.
Mr. Fredrick served as a Class II director since September 2001, lead director from 2003-2009, and Chairman since 2009.
Mr. Toth initially joined the Board in 2008 as a Class III director, served as Vice Chairman from August 2014 to March 2019, rejoined in December 2024 as Vice Chairman, and previously chaired the Compensation and Stock Option Plan Committee.
Mr. Toth possesses over 40 years of direct selling experience, including serving as President of Avon International from 2004 to 2005 with operations in over 120 countries.
President & CEO Landen Fredrick expressed gratitude for his father's quarter-century of service & highlighted Mr. Toth's suitability for the new role due to his global leadership experience.
Mr. Fredrick stated he is proud to pass the Chairmanship to Mr. Toth based on his wisdom, perspective, & commitment to the business model.
Mr. Toth expressed honor at the appointment & emphasized a focus on strong governance, oversight, & long-term value creation for shareholders.
Mannatech operates in 25 markets as a global health & wellness company, with a separate cross-border e-commerce platform in China.
The press release includes standard forward-looking statements & risk factor disclosures regarding market conditions, competition, & regulatory changes.