Mannatech announced the appointment of Robert Toth as Chairman of the Board. Toth joined the board in 2008 and previously served as Vice Chairman of the Board from 2014 to 2019. He brings more than four decades of direct selling experience, including an executive-level leadership role in a multibillion-dollar direct selling company, and has worked in venture capital as a private investor focused on new business startups in the technology sector since 2006.
“Bob understands both where Mannatech has been and, more importantly, the opportunities that lie ahead,” said Landen Fredrick, Mannatech President and Chief Executive Officer. “His extensive global leadership experience, deep understanding of the direct selling industry and longstanding relationship with Mannatech make him exceptionally well suited to lead our board. I am excited to work alongside him as we continue to strengthen the company, pursue new opportunities and position Mannatech for long-term growth.”
Toth succeeds J. Stanley Fredrick, who has served as Chairman of the Board since 2009.
“Stan has been much more than Chairman of our Board,” Fredrick said. “He has been a mentor, counselor and steadfast advocate for Mannatech and the people who make this company special. His leadership has always been grounded in experience, integrity and a genuine desire to see others succeed. We are deeply grateful for more than a quarter century of service and for the lasting legacy he leaves with Mannatech.”