Market Overview

Nutrisystem Says CEO Search Should Conclude Shortly

Nutrisystem, Inc. (NASDAQ: NTRI), a leading provider of weight management products and services, today announced that Joe Redling, chief executive officer, will remain with the company until November 2, 2012. Mr. Redling was originally expected to leave the company when his contract expires on September 30, 2012.

Mike Hagan, chairman of the board of directors, stated, “We are continuing our search process for a permanent CEO to replace Joe Redling, and expect to bring the process to conclusion shortly. In the meantime, we are pleased that Joe has agreed to remain with us on an interim basis. As we continue to execute on several major strategic initiatives and prepare for the kickoff of the 2013 diet season, his leadership and perspective will be valuable to us.”

Posted-In: News Management

 

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