“With an experienced leadership team and dedicated independent OPTAVIA Coaches, the company is well positioned to capitalize on numerous growth opportunities – reflecting the success of our approach to optimal health and wellbeing for our Clients.”
— Dan Chard, Chairman and Chief Executive Officer
Jim Maloney was appointed Chief Financial Officer of Medifast, in July 2020 and is responsible for leading the finance function including all aspects of financial planning and analysis, setting Medifast’s financial and capital allocation strategies, and managing investor relations.
Prior to joining Medifast, Mr. Maloney served as Senior Vice President Chief Financial Officer of L.B. Foster Company, a global manufacturer and distributor of products and services for transportation and energy infrastructure. Prior to L.B. Foster Company, he served as Chief Financial Officer of First Insight, Inc., a privately held Company providing consumer data to leading global retailers and brands, where he continues to serve as a Board Advisor. The company provides consumer data to retailers and brands to assist in the design, selection, pricing, and marketing of products. Before joining First Insight, Mr. Maloney held roles at H.J. Heinz Company (“Heinz”), including Vice President of Global Financial Planning and Supply Chain Finance, Director of Finance for Supply Chain for Heinz North America, and Controller of Heinz North America. He also held multiple roles in the U.S. and Europe at Ernst & Young LLP, including Senior Manager of the Assurance Practice. Mr. Maloney holds a Bachelor of Science degree from Clarion University and a Master of Business Administration degree from the University of Pittsburgh and is a Certified Public Accountant.