10.01.07
Samuel Caster has resigned as CEO of Mannatech, Coppell, TX. Mr. Caster will now serve as non-executive chairman of the board. His changing role at Mannatech will allow him to step back from operating responsibilities to focus his efforts on working with field sales leaders to transition to Mannatech’s new global wellness sales program.
In other news, Mannatech’s board of directors has appointed president and COO Terry Persinger as interim president and CEO, while conducting a formal search for a permanent replacement. Mr. Persinger intends to retire from Mannatech in June 2008, as previously planned. In tandem with these key management changes, executive vice president of global operations Terence O’Day has been promoted and will assume responsibilities as executive vice president and COO.
In other news, Mannatech’s board of directors has appointed president and COO Terry Persinger as interim president and CEO, while conducting a formal search for a permanent replacement. Mr. Persinger intends to retire from Mannatech in June 2008, as previously planned. In tandem with these key management changes, executive vice president of global operations Terence O’Day has been promoted and will assume responsibilities as executive vice president and COO.