STOCK TITAN

Mannatech President and CEO Al Bala Elected to Direct Selling Association Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Al Bala, the President and CEO of Mannatech, has been elected to the Board of Directors of the Direct Selling Association (DSA). This is a significant recognition within the direct selling industry. Bala will serve a two-year term, aiming to promote integrity within the sector. He expressed gratitude for the opportunity, reflecting on his personal journey from factory worker to CEO. Mannatech, operational for over 25 years, focuses on health, weight management, fitness, and skincare products through its independent associates.

Positive
  • Al Bala's election to the DSA Board highlights his leadership and recognition in the industry.
  • Bala's extensive experience at Mannatech, serving in various roles for 14 years, may strengthen the company's reputation.
Negative
  • None.

Al Bala, President and Chief Executive Officer of Mannatech, was elected to the Direct Selling Association (DSA) Board of Directors this past week. Officers and Directors are recognized industry leaders who are committed to lead and direct the affairs of the Association.

The DSA is a national trade association of more than 130 leading companies that offer entrepreneurial opportunities to independent sellers to market and sell products and services, typically outside of a fixed retail establishment. Bala will serve a two-year term, helping the organization achieve the goal of promoting the direct selling industry as an industry of integrity.

"I am very excited and humbled by this opportunity to serve in this capacity to make an impact on behalf of all direct selling companies who are truly helping make a difference in the lives of millions of people the world over,” said Bala. “It’s an honor to help pay it forward to an industry that has provided me the ability to go from a factory worker to the CEO of a publicly held direct selling company. My story is just one of thousands this industry has helped cultivate over the years.”

Al joined Mannatech in October 2007 and has led in a variety of roles within the company for 14 years, including being named President in May 2014 and CEO in August of 2015.

About Mannatech

Mannatech, Incorporated is committed to transforming lives through the development of high quality integrated health, weight management, fitness and skin care products distributed through its global network of independent associates and members. The company has been operating for more than 25 years with operations in 25 markets^. For more information, visit Mannatech.com.

^ Mannatech operates in China under a cross-border e-commerce platform that is separate from its network marketing model.

FAQ

What is the significance of Al Bala's election to the DSA Board?

Al Bala's election signifies his leadership within the direct selling industry and promotes Mannatech's authority and influence.

How long will Al Bala serve on the DSA Board?

Al Bala will serve a two-year term on the DSA Board.

What does Mannatech focus on in its product offerings?

Mannatech focuses on developing health, weight management, fitness, and skincare products.

What is Al Bala's background with Mannatech?

Al Bala joined Mannatech in October 2007 and has served in several key roles, including President and CEO since 2015.

Mannatech Inc.

NASDAQ:MTEX

MTEX Rankings

MTEX Latest News

MTEX Stock Data

21.49M
1.14M
39.43%
20.41%
0.11%
Food Distribution
Medicinal Chemicals & Botanical Products
Link
United States of America
FLOWER MOUND