Medifast Inc Annual Shareholders Meeting Transcript
Good afternoon, ladies and gentlemen. Welcome to the 2020 Annual Stockholder Meeting of Medifast. Thank you all for joining.
Now I'm going to turn the meeting over to the Board Chair, Michael C. MacDonald. Michael?
Good afternoon, fellow stockholders, and thank you for joining us today. I am Michael C. MacDonald, the Chairman of the company, and I want to welcome you all to the 2020 Annual Meeting of the Stockholders of Medifast, Inc.
Before we begin, I'd like to make a statement on behalf of the Board of Directors. As you all know, the world has definitely changed since we had our last stockholder meeting. We are in the midst of a global pandemic that has caused more than 400,000 deaths worldwide, cost almost 40 million Americans their jobs, severely impacted our economy and changed the way we all live our lives. Additionally, our country is facing increasingly troubled times, and we are
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