MANNATECH INC appointed Robert Toth as chairman after J. Stanley Fredrick retired from the board and chair role, with Toth receiving $50,000 in additional first-year annual compensation and a $50,000 Equity award. The transition places board Leadership with a director whose prior service and direct-selling experience were cited by the company.

Key Highlights

  • J. Stanley Fredrick retired from Mannatech’s board and chairmanship for personal reasons, with the change effective September 1, 2026.
  • Robert Toth will receive an additional $100,000 chairman fee in each of his second and third years.
  • Toth’s $50,000 equity award will wait until Shareholder approval creates sufficient plan capacity or a new plan is approved.

MANNATECH INC (NASDAQ: MTEX) appointed Robert Toth as chairman after J. Stanley Fredrick retired from the board and chair role, effective September 1, 2026. Toth’s first-year chairman package includes $50,000 in additional annual compensation and a $50,000 equity component.

Toth Takes Chair With Deferred Equity Award

Toth remains a non-employee director and will receive the compensation provided to all directors. His first-year chairman terms add $50,000 in annual pay and an equity award valued at $50,000, although the grant date will be deferred until shareholder approval increases the shares reserved under the current incentive plan or approves a new plan. In the second and third years, Toth will receive regular director compensation plus an additional $100,000 chairman fee. Fredrick’s director retainer will continue through the end of 2026 to support the transition.

Experienced Director Moves Into Board Leadership

Toth previously served on Mannatech’s board from 2008 through 2023 and returned as vice chairman on December 1, 2024. His prior board responsibilities included chairing the Compensation and Stock Option Plan Committee and serving on the Audit, Nominating/Governance and Compliance, and Science and Marketing committees. He also served as vice chairman from 2014 to 2019. Toth previously held leadership at Avon International, where his operations covered over 120 countries and annual Revenue exceeded $5.5 billion. J. Stanley Fredrick’s retirement was attributed to personal reasons and was not linked to any disagreement with Mannatech. He had served as chairman since 2009, while Landen Fredrick remains chief executive officer.