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Mannatech’s multi-level marketing model means revenue depends on thousands of distributors, shifting incentive pools, and patented glyconutrient inventory—all of which create dense, technical SEC disclosures. Hunting through a 250-page annual filing to see how Asia/Pacific sales fared or when a top executive exercised options is time-consuming.
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Mannatech (NASDAQ:MTEX) filed an 8-K reporting an Item 5.02 management change.
The board promoted Peter Griscom, 36, to Chief Operating Officer effective July 1 2025. Griscom has run global operations since August 2024 and previously led product, innovation & supply chain. His background spans >10 years in direct selling, with expertise in manufacturing efficiency, product development and distributor education.
No departures, compensation changes or other material events were disclosed. A copy of the June 26 2025 press release is furnished as Exhibit 99.1.