"Mannatech, Incorporated (NASDAQ: MTEX), a global pioneer in the development of high-quality health, wellness, skin care and weight and fitness solutions based on nutritional science, announced today that President and CEO Wayne L. Badovinus has resigned from the company for personal reasons as its top executive and Board member. Badovinus joined Mannatech in May 2008.
In a novel and strategic move for the company, three veteran Mannatech executives will work together within the newly created 'Senior Executive Office'. Mannatech's Chief Financial Officer Steve Fenstermacher and Chief Science Officer Dr. Rob Sinnott have been named co-CEOs while Randy Bancino, senior vice president has been named president of global business operations and expansion."
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