Mannatech, Incorporated announced that J. Stanley Fredrick will retire from the Board of Directors and his role as Chairman effective September 1, 2026, citing personal reasons with no disagreements regarding the departure. The Board appointed Robert Toth, current Vice Chairman and Class III director, to succeed him as Chairman on the same date. Mr. Toth receives an additional annual compensation of $50,000 for his first year as chairman, plus a deferred equity award valued at $50,000, with fees increasing to $100,000 in subsequent years. Mr. Fredrick will continue receiving his director retainer through December 31, 2026, to assist during the transition. Mannatech operates as a global health and wellness company selling science-backed nutritional products via direct selling.

Mannatech, Incorporated reported financial results for the second quarter ended June 30, 2026. Net sales increased to $26.7 million from $25.7 million in the prior year period, with constant dollar sales rising 5.1%. Gross profit margin expanded to 76.9% from 73.6%, while selling and administrative expenses decreased by 16.7% to $9.0 million. The company returned to profitability with net income of $1.0 million, or $0.53 per diluted share, compared to a net loss of $4.3 million in the same period last year. Operating cash reserves stood at $6.0 million as of June 30, 2026. The company operates in the global health and wellness industry, distributing products through a network marketing model.

Mannatech, Incorporated announced the appointment of Yasir Haider as Chief Financial Officer and principal financial officer, effective June 3, 2026. He succeeds James Clavijo, who has served as CFO since July 2024.