Mr. Brown serves as a member of the Audit Committee, Executive Committee and Mergers & Acquisitions Committee. He has also served as Lead Director of the Company since June 2015. Mr. Brown is the Chief Executive Officer and founding member of Brown Equity Partners, LLC (“BEP”), which provides capital to management teams and companies needing equity capital.
Prior to founding BEP in 2007, Mr. Brown served as a founding partner and primary deal originator of the venture capital and private equity firm Forrest Binkley & Brown (“FBB”) from 1993 to 2007.
In his 30 years in the investment business, Mr. Brown served on over 45 boards of directors including service on nine public company boards. Since June 2017, Mr. Brown has served as a director of Rent-A-Center (Nasdaq: RCII), a company that operates in the retail rent-to-own industry. Mr. Brown has served as a director of Outerwall, Inc. (Nasdaq: OUTR), a company that delivers automated retail spaces, from August 2016 until 2017, and as a director of Aretec Group, Inc. (“Aretec”) (formerly known as RCS Capital Corporation), since February 2014. On January 31, 2016, Aretec and certain of its subsidiaries filed a voluntary petition for reorganization in the United States Bankruptcy Court for the District of Delaware (Case No. 16-10223), seeking relief under Chapter 11 of Title 11 of the United States Code. Aretec emerged from bankruptcy in May 2016. From 2011 until 2015, Mr. Brown served as a director of Midatech Pharma PLC (LSE: MTPH). From 2014 until 2016, Mr. Brown served as a director of Nordion, Inc. (NYSE: NDZ). From 2009 until 2011, Mr. Brown served as a director of Steadfast Income REIT, Inc.
Mr. Brown has worked at Hughes Aircraft Company, Morgan Stanley & Company, Security Pacific Capital Corporation and Bank of America Corporation.
Qualifications: Mr. Brown brings to the Board extensive public and private company board experience and significant transactional experience.
What is Jeffrey J. Brown's net worth?
The estimated net worth of Jeffrey J. Brown is at least $2.70 million as of January 9th, 2024. Mr. Brown owns 82,147 shares of Medifast stock worth more than $2,703,458 as of April 19th. This net worth estimate does not reflect any other assets that Mr. Brown may own. Learn More about Jeffrey J. Brown's net worth.
How do I contact Jeffrey J. Brown?
Has Jeffrey J. Brown been buying or selling shares of Medifast?
Jeffrey J. Brown has not been actively trading shares of Medifast during the last ninety days. Most recently, on Friday, November 3rd, Jeffrey J. Brown bought 97 shares of Medifast stock. The stock was acquired at an average cost of $70.55 per share, with a total value of $6,843.35. Following the completion of the transaction, the director now directly owns 4,233 shares of the company's stock, valued at $298,638.15. Learn More on Jeffrey J. Brown's trading history.
Who are Medifast's active insiders?
Are insiders buying or selling shares of Medifast?
During the last year, Medifast insiders bought shares 6 times. They purchased a total of 1,649 shares worth more than $152,119.46. During the last year, insiders at the specialty retailer sold shares 3 times. They sold a total of 24,820 shares worth more than $1,977,743.03. The most recent insider tranaction occured on March, 8th when Director Scott Schlackman sold 4,053 shares worth more than $159,850.32. Insiders at Medifast own 2.1% of the company.
Learn More about insider trades at Medifast. Information on this page was last updated on 3/8/2024.
