Our Board of Directors is a strong and balanced blend of top-level thinkers from diverse industries and backgrounds. Each member brings his or her own unique perspective to the table to help elevate the company vision and mission, create a vital revenue model, address community needs and expand global reach, all on behalf of our shareholders.
J. Stanley Fredrick
J. Stanley Fredrick is Mannatech’s Chairman of the Board. He has served as a Class II Director on our Board of Directors since September 2001 and as of April 9, 2007, collectively owned 12.5% of our common stock. From November 2003 through January 2009, Mr. Fredrick served as the Lead Director for our Board of Directors. Mr. Fredrick currently is the owner of Fredrick Consulting Services, which provides consulting services to the direct selling industry. In 2003, Mr. Fredrick was a founding board member of Professional Bank in Dallas, Texas, which is a boutique bank that provides certain financial resources to its customers. Mr. Fredrick also serves as Chairman of the Professional Bank Audit Committee. He co-founded Cameo Couture, Inc., which operated as Colesce Couture, a distributor of intimate apparel, and Colony House, Inc., a private label cookware company, both of which operated through direct selling channels. Mr. Fredrick also co-founded Irving National Bank Shares, a commercial bank holding company and served as a consultant to the bank from 1994 until it was sold in 2000. Mr. Fredrick has been actively involved for over 35 years in the Direct Selling Association, a national trade association of leading firms that manufacture and distribute goods and services directly to consumers. He has served on the Direct Selling Association’s Board and various committees of its Board. From 1987 to 1988, Mr. Fredrick served as Chairman of the Direct Selling Association, and from 1988 to 1990, he served as Chairman of the Direct Selling Education Foundation. He currently serves as Chairman of its capital campaign committee. He has been inducted into the Direct Selling Association’s highest honor, the “Hall of Fame,” and he is also in the Direct Selling Education Foundation “Circle of Honor.” Mr. Fredrick received a B.A. degree in English from Central State University, in Edmond, Oklahoma.
“It is a honor and pleasure to work with such a talented team with diverse backgrounds yet vast experiences with the direct selling industry.”
Gerald E. Gilbert
Gerald E. Gilbert has served as a Class I Director since June 2003. A former Assistant U.S. Attorney, from 1968 until his retirement in January 2009, Mr. Gilbert practiced law with the international law firm of Hogan & Hartson L.L.P., now known as Hogan Lovells. His legal and business expertise includes international trade, national trade associations, and various areas of consumer products. From 1968 to 1999, Mr. Gilbert served as General Counsel to the Direct Selling Association, a national trade association of leading firms that manufacture and distribute goods and services directly to consumers. Mr. Gilbert was the recipient of the “Hall of Fame Award,” which is the Direct Selling Association’s highest honor. He also served as General Counsel to the World Federation of Direct Selling Associations and the Tropical Forest Foundation. Mr. Gilbert served in the U.S. Naval Reserve from 1956 to 1992 and was promoted to Rear Admiral (Two Stars), the top ranking officer in the Naval Reserve JAG Corps. During his distinguished military service, Mr. Gilbert received numerous awards, including the “Legion of Merit.” He is also a Past National President of the Federal Bar Association. He received a B.A. degree in English from Denison University, in Granville, Ohio and a Juris Doctor from the University of Virginia School of Law, in Charlottesville, Virginia. Mr. Gilbert is a member of the State Bars of Virginia and the District of Columbia and is admitted to practice before the United States Supreme Court. (1)(2)(3*)(4)(5)
“After more than 30 years as General Counsel to the Direct Selling Association, it has been a pleasure to serve on the Board of one of its most dynamic members. The commitment of Mannatech to give its sales force significant and meaningful opportunities, and to make available exceptional and unique products to consumers, is a combination that will continue to elevate the Company as one of the leading companies in the industry.”
Larry A. Jobe
Larry A. Jobe has served as a Class I Director since January 4, 2006. In February 2007, Mr. Jobe began serving as Chairman of our Audit Committee. Mr. Jobe serves as Chairman of Legal Network, Ltd., a firm he founded in 1993 that provides staffing and litigation support to law firms and corporate legal departments. He also currently serves as President and Founder of P 1 Resources, LLC, which has provided engineering and light industrial staffing services to the construction industry since 1994. From 1991 to 1994, Mr. Jobe was Chairman and Founder of Mitchell Jobe & Company, a provider of professional staffing services for government and industry. From 1973 to 1991, he served in various capacities, including as a member of the Executive Committee and Chairman of the Strategic Planning Committee, with the accounting firm Grant Thornton LLP. In 1969, he was appointed by United States President Richard Nixon to serve as the Assistant Secretary of Commerce for Administration at the United States Commerce Department. Mr. Jobe currently serves as the Chairman of Independent Bank of Texas and Chairman of the Audit Committee for U.S. Home Systems, Inc. (NASDAQ symbol USHS). In addition, Mr. Jobe serves as Chairman of the Audit Committee and a member of the Board of Directors of SWS Group, Inc., a Dallas-based New York Stock Exchange member. He is a Certified Public Accountant who received a B.B.A. degree in Accounting from the University of North Texas, in Denton, Texas. (1*)(2)(3)(4)
“Mannatech, its people and products, provide real wellness solutions and economic opportunities to thousands of people around the globe. It is a privilege to be a part of this exceptional endeavor.
Alan D. Kennedy
Alan D. Kennedy has served as a Class III Director since June 2002. Mr. Kennedy has over 30 years’ experience with various direct selling companies. From 1998 until his retirement in December 2001, he served as President Worldwide for Tupperware Corporation (NYSE symbol TUP), a publicly traded company that distributes and sells various products in over 100 countries, primarily through direct selling channels. Since retiring, Mr. Kennedy continues to serve as a consultant to Tupperware Corporation. From 1989 to 1996, he served as President and Chief Executive Officer of Nature’s Sunshine Products, Inc. (NASDAQ symbol NATR.PK), a publicly traded, network-marketing company that manufactures and markets nutritional and personal care products worldwide. From 1986 to 1989, Mr. Kennedy provided various consulting services to several direct selling companies. From 1982 to 1986, he served as Vice President of Sales Development for Avon Products, Inc. (NYSE symbol AVP), a publicly traded, multinational manufacturer and distributor of cosmetics, toiletries, jewelry, chemicals and clothing. He received a B.A. degree, with honors, in Economics from Colgate University, in Hamilton, New York. His professional affiliations include serving as Chairman of the Direct Selling Association from 1995 to 1996 and serving as Chairman of the Direct Selling Educational Foundation from 1996 to 1997. In 2004, Mr. Kennedy was inducted into the Direct Selling Association’s highest honor, the “Hall of Fame.” He serves on the Board of the Direct Selling Educational Foundation and also serves on the Board of Regents for Mercersburg Academy, a private secondary school in Mercersburg, Pennsylvania. (1)(2)(3)(4*)(5)
“It’s exciting to be associated with a company whose concerns are the total well being of its people.”
Marlin Ray Robbins
Marlin Ray Robbins co-founded Mannatech and is a high-level independent Associate. As of April 9, 2007, Mr. Robbins owned 2.5% of our common stock. Mr. Robbins has served as a Class I Director on our Board of Directors since June 2001. From 1992 to 1995, Mr. Robbins served on the Board of Republic Bank/NCNB. Mr. Robbins also served as a member of the Grand Prairie Independent School District Board from 1991 to 1994 and served as its President from 1993 to 1994. Mr. Robbins has over 25 years’ experience with various network-marketing and direct selling companies. He holds multiple positions in our global Associates’ incentive network-marketing system and is considered an expert regarding issues and critical needs related to building the success of our independent Associates. Mr. Robbins has published a book related to his experience as an independent Associate titled You Can Too. He also helped to develop our global Associate Career and Compensation Plan. Mr. Robbins received a B.S. degree in Biology and Chemistry from Southwest Texas State University, in San Marcos, Texas. Mr. Robbins served in the active United States Army from 1969 to 1975 and as a helicopter pilot during the Vietnam War from 1971 to 1972. Mr. Robbins continued serving in the Army National Guard until 1983. During his service he was awarded 13 air medals and the Bronze Star and reached the rank of Major. (4)(5)
“Since Mannatech’s inception I have been rewarded daily by witnessing the improved quality of life of many, both in their wellness and in their finances.”
Robert A.Toth was appointed to the Board of Directors as a Class III Director in March 2008. Mr. Toth is Co-founder and Chairman of Tatra Spring LLC, a supply chain services company based in Poland. He is a Director of the Knowtions Company, a performance support systems software firm based in Ringoes, New Jersey. Since 2006, he has worked in venture capital as a private investor focused on new business start-ups in the technology sector. Mr Toth has over 27 years of direct selling experience, most recently as President of Avon International from 2004 to 2005. In that capacity, his business included over 120 countries with annual revenues in excess of 5.5 billion USD. He began his Avon career in customer service in 1978, then moved to U.S. sales and operations and was promoted to U.S. Director of Sales in 1989. He transitioned to Avon International in 1991 as Director of New Business Development, where he played a lead role in Avon’s market entry plan for Russia. He was based in Warsaw from 1993 to 1997 as Avon’s President of Central and Eastern Europe, where he established and led Avon Poland. From 1997 to 2004, Mr. Toth was based in London, where he held a number of senior management positions including Group Vice President, Eastern Europe, Middle East and Africa (1997—1999), Senior Vice President, Europe, Middle East and Africa (1999—2002), and Executive Vice President for Asia Pacific, Europe, Middle East and Africa (2002—2003). Mr. Toth graduated from LaSalle University in 1974 with a B.A. in Business Administration and was an officer in the U.S. Marine Corps from 1975 to 1978. (1)(2*)(3)(4)(5)
“Mannatech’s strong global growth potential centers on our products and earning opportunity enriching the lives of people around the world.”
Board Committees and Charters
(1) Audit Committee
Fifth Amended and Restated Charter of the Audit Committee of the Board of Directors of Mannatech, Incorporated
(2) Compensation and Stock Option Plan Committee
Amended and Restated Charter of the Compensation and Stock Option Plan Committee of the Board of Directors of Mannatech, Incorporated
3) Nominating/Governance and Compliance Committee
Amended and Restated Charter of the Nominating and Governance Committee of the Board of Directors of Mannatech, Incorporated
(4) Science Committee
Amended and Restated Charter of the Science Committee of the Board of Directors or Mannatech, Incorporated.
(5) Sales and Marketing Council
Note: Numbers following board member bios indicate the different committees that make up the board; asterisks indicate that the person is a chairman of that particular committee.