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Yasir Haider becomes Mannatech (NASDAQ: MTEX) chief financial officer

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Mannatech, Incorporated announced that its Board of Directors appointed Yasir Haider as Chief Financial Officer and principal financial officer, effective June 3, 2026. He succeeds James Clavijo, who had served as CFO since July 2024 and is relinquishing the role to Haider.

Haider joined Mannatech on January 6, 2025 as Controller and was previously named Interim CFO on March 20, 2026 to support the transition. He brings prior experience as CFO and Financial Controller with responsibility for global financial operations, SEC reporting, M&A and building scalable finance infrastructure.

CEO Landen Fredrick highlighted Haider’s discipline in financial processes and focus on accountability, expressing confidence in his leadership as Mannatech works to improve performance and create long-term shareholder value. The company reiterates standard forward-looking statement cautions and operates in 25 markets through its global health and wellness business.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
CFO effective date June 3, 2026 Effective date of Yasir Haider’s appointment as CFO and principal financial officer
Interim CFO appointment date March 20, 2026 Date Haider was appointed Interim Chief Financial Officer
Controller start date January 6, 2025 Date Haider joined Mannatech as Controller
Markets of operation 25 markets Number of markets where Mannatech operates its business
Common stock par value $0.0001 per share Par value of Mannatech common stock listed on Nasdaq
principal financial officer financial
"appointed Yasir Haider as Chief Financial Officer ("CFO") and principal financial officer of Mannatech"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
forward-looking statements regulatory
"This release contains “forward-looking statements” within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"within the meaning of Section 27A ... and the Private Securities Litigation Reform Act of 1995"
cross-border e-commerce platform technical
"Mannatech operates in China under a cross-border e-commerce platform that is separate"
network marketing model financial
"platform that is separate from its network marketing model"
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false 0001056358 0001056358 2026-06-03 2026-06-03
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): June 3, 2026
MANNATECH, INCORPORATED
(Exact Name of Registrant as Specified in its Charter)
Texas
000-24657
75-2508900
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
       
 
1410 Lakeside Parkway, Suite 200
 
 
Flower Mound,
Texas
75028
 
 
(Address of Principal Executive Offices, including Zip Code)
 
 
Registrant’s Telephone Number, including Area Code:
(972)
471-7400
 
 
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities Registered Pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock,
par value $0.0001 per share
MTEX
The Nasdaq Stock Market LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging Growth Company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 

 
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
On June 8, 2026, Mannatech, Incorporated (the "Company") issued a press release announcing that the Board of Directors appointed Yasir Haider as Chief Financial Officer ("CFO") and principal financial officer of Mannatech Incorporated (the "Company") effective June 3, 2026. James Clavijo, who served as the Company's CFO since July 2024, will relinquish the role to Mr. Haider.
 
Mr. Haider joined the Company on January 6, 2025, as the Company’s Controller. Prior to joining the Company, Mr. Haider held senior finance leadership roles, including Chief Financial Officer and Financial Controller, where he was responsible for global financial operations, multi-entity consolidations, financial reporting, and capital planning across complex organizations. His experience includes SEC reporting, mergers and acquisitions, and the development of scalable financial infrastructure to support operational growth. Mr. Haider began his career in public accounting and holds an MBA from West Texas A&M University.
 
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
 
 
Item 9.01 Financial Statements and Exhibits
 
Exhibit Number
Description
99.1*
Press Release, dated June 8, 2026 titled ''Mannatech Announces Appointment of Yasir Haider as Chief Financial Officer''
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
*Furnished herewith.
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date: June 8, 2026
MANNATECH, INCORPORATED
By:
/s/ Landen Fredrick
 
Landen Fredrick
 
Chief Executive Officer
 
 

ex_973051img001.jpg

 

Exhibit 99.1

Mannatech Announces Appointment of Yasir Haider as Chief Financial Officer

 

FLOWER MOUND, Texas - June 8, 2026 - Mannatech, Incorporated (NASDAQ: MTEX) announces that on June 3, 2026, Yasir Haider was appointed Chief Financial Officer of Mannatech, Incorporated (the "Company").

 

Mr. Haider joined the Company on January 6, 2025, as the Company’s Controller. Prior to joining the Company, Mr. Haider held senior finance leadership roles, including Chief Financial Officer and Financial Controller, where he was responsible for global financial operations, multi-entity consolidations, financial reporting, and capital planning across complex organizations. His experience includes SEC reporting, mergers and acquisitions, and the development of scalable financial infrastructure to support operational growth. Mr. Haider began his career in public accounting and holds an MBA from West Texas A&M University.

 

As previously announced, Mr. Haider was appointed Interim Chief Financial Officer on March 20, 2026, by the Company’s board of directors to facilitate the transition of duties from the Company’s former Chief Financial Officer, James Clavijo.

 

Commenting on Mr. Haider’s promotion, Landen Fredrick, the Company’s President and CEO, stated, “Yasir has earned this opportunity through the way he has stepped into the role, brought discipline to our financial processes, and helped us manage the business with greater focus and accountability. He understands where Mannatech is today, where we need to go, and the importance of executing with urgency and precision. I am confident Yasir will be a strong financial leader for the Company as we continue working to improve performance and create long-term value for our shareholders.”

 

About Mannatech:

Mannatech is a leading global health and wellness company committed to empowering everyone to live their best life through cutting-edge, science-backed nutritional products, patented technology, and a rewarding business opportunity. With operations in 25 markets†, Mannatech helps people to live healthier, more fulfilling lives while making a positive social impact in the world. Individuals interested in Mannatech's products or in exploring its business opportunity can learn more at Mannatech.com.

 

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

 

Please Note: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of phrases or terminology such as may, will, should, "hope," could, would, expects, plans, intends, anticipates, believes, estimates, approximates, predicts, projects, potential, and continues or other similar words or the negative of such terminology. Similarly, descriptions of Mannatechs objectives, strategies, plans, goals, or targets contained herein are also considered forward-looking statements. Mannatech believes this release should be read in conjunction with all of its filings with the United States Securities and Exchange Commission and cautions its readers that these forward-looking statements are subject to certain events, risks, uncertainties, and other factors. Some of these factors include, among others, Mannatechs inability to attract and retain associates and members, increases in competition, litigation, regulatory changes, and its planned growth into new international markets. Although Mannatech believes that the expectations, statements, and assumptions reflected in these forward-looking statements are reasonable, it cautions readers to always consider all of the risk factors and any other cautionary statements carefully in evaluating each forward-looking statement in this release, as well as those set forth in its latest Annual Report on Form 10-K, and other filings filed with the United States Securities and Exchange Commission, including its current reports on Form 8-K. All of the forward-looking statements contained herein speak only as of the date of this release.

 

 

Contact Information:

Erin Barta

General Counsel and Corporate Secretary

214.724.3378ir@mannatech.com

www.mannatech.com

 

FAQ

What did Mannatech (MTEX) announce regarding its chief financial officer?

Mannatech appointed Yasir Haider as its Chief Financial Officer and principal financial officer effective June 3, 2026. He had been serving as Interim CFO and previously worked as the Company’s Controller, providing continuity in the finance leadership team.

Who is Yasir Haider, the new CFO of Mannatech (MTEX)?

Yasir Haider is Mannatech’s new Chief Financial Officer, promoted after roles as Controller and Interim CFO. He previously held senior finance positions, including CFO and Financial Controller, overseeing global financial operations, SEC reporting, M&A, and scalable financial infrastructure development.

What happens to former Mannatech (MTEX) CFO James Clavijo?

James Clavijo, who served as Mannatech’s CFO since July 2024, will relinquish the role to Yasir Haider. The transition began when Haider was appointed Interim CFO on March 20, 2026, helping ensure an orderly handover of financial leadership duties.

When did Yasir Haider join Mannatech (MTEX) before becoming CFO?

Yasir Haider joined Mannatech on January 6, 2025 as the Company’s Controller. His subsequent appointment as Interim CFO in March 2026 and permanent CFO effective June 3, 2026 reflects a progression through key finance leadership roles inside the organization.

In how many markets does Mannatech (MTEX) operate its business?

Mannatech operates in 25 markets worldwide as a global health and wellness company. In China, it uses a cross-border e-commerce platform separate from its network marketing model, extending the reach of its science-backed nutritional products and business opportunity.

What forward-looking statement cautions does Mannatech (MTEX) include in this release?

Mannatech notes the release contains forward-looking statements and lists risks such as competition, litigation, regulatory changes, and expansion into new markets. It directs readers to its latest Form 10-K and other SEC filings for a full discussion of risk factors.

Filing Exhibits & Attachments

5 documents