The estimated Net Worth of Michael A. Hoer is at least $288 Thousand dollars as of 7 November 2023. Mr. Hoer owns over 49 units of Medifast Inc stock worth over $152,928 and over the last 6 years he sold MED stock worth over $0. In addition, he makes $135,396 as Independent Director at Medifast Inc.
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Mr. Hoer MED stock SEC Form 4 insiders trading
Michael has made over 6 trades of the Medifast Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he bought 49 units of MED stock worth $3,428 on 7 November 2023.
The largest trade he's ever made was buying 200 units of Medifast Inc stock on 12 November 2018 worth over $31,246. On average, Michael trades about 23 units every 130 days since 2018. As of 7 November 2023 he still owns at least 8,375 units of Medifast Inc stock.
You can see the complete history of Mr. Hoer stock trades at the bottom of the page.
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Michael Hoer biography
Michael A. Hoer serves as Independent Director of the Company. Mr. Hoer held various positions of increasing responsibility at Continental Grain Company from 1992 to 2007, where he most recently served as President – Continental Enterprises Ltd. & Managing Director – Conti Asia. Mr. Hoer currently serves on the board of directors of Taiwan Fu Hsing Industrial Co. Ltd., Dynasty Petroleum Holdings LLC (as Chairman), First Western Advisors and Avantar, Utah USA. He also served on the board of directors of Beijing H-Hova Purification Technology Co. Ltd. from August 2012 to July 2016. Mr. Hoer received a BA in Chinese and an MBA from Brigham Young University.
What is the salary of Michael Hoer?
As the Independent Director of Medifast Inc, the total compensation of Michael Hoer at Medifast Inc is $135,396. There are 13 executives at Medifast Inc getting paid more, with Daniel Chard having the highest compensation of $4,669,990.
How old is Michael Hoer?
Michael Hoer is 64, he's been the Independent Director of Medifast Inc since 2018. There are 1 older and 21 younger executives at Medifast Inc. The oldest executive at Medifast Inc is Kevin Byrnes, 73, who is the Independent Director.
What's Michael Hoer's mailing address?
Michael's mailing address filed with the SEC is C/O MEDIFAST, INC., 100 INTERNATIONAL DRIVE, BALTIMORE, MD, 21202.
Insiders trading at Medifast Inc
Over the last 22 years, insiders at Medifast Inc have traded over $142,340,778 worth of Medifast Inc stock and bought 102,554 units worth $5,201,250 . The most active insiders traders include Glenn W. Welling, Balanced Master Fund, Ltd. ..., and Shirley Macdonald. On average, Medifast Inc executives and independent directors trade stock every 42 days with the average trade being worth of $503,538. The most recent stock trade was executed by Scott Schlackman on 8 March 2024, trading 4,053 units of MED stock currently worth $159,850.
What does Medifast Inc do?
since 1980, medifast, inc.(nyse: med) has been a brand recommended by 20,000 doctors. developed by a physician, medifast is a clinically proven nutrition and weight loss company based in maryland. we change lives by producing results and helping those succeed. because everyone has different goals and ways of learning, we offer several support programs as you choose health with medifast. we believe that healthier people are happier people. everyone has the right to feel good about themselves. our vision is to create a world where it's easy to take control of your own well-being. we're on a mission to empower people with the right opportunities to enjoy the healthy life they deserve. we see it every day. the ear-to-ear grin. the “holding back the tears” pride. the glow of pure joy when someone reaches their weight-loss goals. their whole life gets better, and so does yours, because you helped them get there. if you’d like to spend every day helping to change people’s lives for the better
What does Medifast Inc's logo look like?
Complete history of Mr. Hoer stock trades at Medifast Inc
Medifast Inc executives and stock owners
Medifast Inc executives and other stock owners filed with the SEC include:
-
Daniel Chard,
Executive Chairman of the Board, Chief Executive Officer -
Daniel R. Chard,
Exec. Chairman & CEO -
Nicholas Johnson,
Executive Vice President - Coach Success, Market President of OPTAVIA USA -
Anthony Tyree,
Chief Marketing Officer -
Jason Groves,
Executive Vice President, General Counsel, Corporate Secretary -
William Baker,
Executive Vice President, Information Technology -
Nicholas M. Johnson,
Pres of Coach & Client Experience -
William M. Baker IV,
Exec. VP of Information Technology -
James P. Maloney CPA,
Chief Financial Officer -
Jeffrey Brown,
Lead Independent Director -
Constance Hallquist,
Independent Director -
Scott Schlackman,
Independent Director -
Kevin Byrnes,
Independent Director -
Michael Hoer,
Independent Director -
Ming Xian,
Independent Director -
Andrea Thomas,
Independent Director -
Lauren Walker,
Executive Vice President - Supply Chain Operations -
James Maloney,
Chief Financial Officer -
Stephen Johnson,
Chief Accounting Officer, Vice President - Finance -
Claudia Greninger,
Executive Vice President - Human Resources -
Lauren Walker,
Exec. VP of Supply Chain Operations -
Claudia C. Greninger,
Exec. VP of HR -
Jason L. Groves Esq.,
Exec. VP, Gen. Counsel & Corp. Sec. -
Jonathan B. MacKenzie,
Chief Accounting Officer -
Glenn W. Welling,
Director -
Joseph P Kelleman,
Vice President of Finance -
Carl E Sassano,
Director -
Jorgene K. Hartwig,
Director -
Charles P Connolly,
Director -
Balanced Master Fund, Ltd. ...,
10% owner -
Timothy G Robinson,
Chief Financial Officer -
Limited Partnership Rni Nv,
10% owner -
Elizabeth A. Geary,
Director -
Michael J Mcdevitt,
Director -
Mehrnaz Mona Ameli,
President -
Margaret Macdonald,
-
Michael C Macdonald,
Director -
Scott Zion,
Director -
Robert J Hallock,
Corporate Vice President -
John P Mcdaniel,
Director -
Catherine T Maguire,
Director -
Donald F Reilly,
Director -
Harvey C Jr Barnum,
Director -
Barry B Bondroff,
Director -
Jerry D Reece,
Director -
Global Solutions Inc Modus ...,
-
Jeanne M Uphouse,
Executive Vice President -
Brian Kagen,
Executive Vice President -
Brian Lloyd,
Executive Vice President -
Dominick Vietri,
Executive Vice President -
Jeannette M Mills,
Director -
Guy Sheetz,
Executive Vice President -
George Lavin,
Director -
Donald Gould,
Executive Vice President -
Joseph D Calderone,
Director -
Brazdley T Macdonald,
__ -
Richard J Law,
Treasurer -
Michael S Mcdevitt,
Chief Executive Officer -
Leo Williams,
Executive Vice President -
Connors Brendan,
VP Finance -
Shirley Macdonald,
10% owner -
Mary T Travis,
Director -
Carthy Dennis Mc,
Director -
Jonathan Barrett Mac Kenzie,
VP, Finance & CAO