Business For Home is pleased to present its Turn Around Award for 2016 to Mannatech’s CEO and President, Alfredo “Al” Bala.
This award is given each year to a CEO of a multi-level marketing company who demonstrates the ability to transform and turn a company around.
This year, Bala has won the award based on his ability to establish effective operations, implement solid management and increase production, in addition to the other operational factors leading to the transformation of an international direct sales business.
Bala, 56, is well known throughout the industry and at Mannatech for his passionate support of the company’s sales Associates, and he has been a key contributor to bringing Mannatech back to profitability. He has 36 years of experience working in the direct sales industry, with 28 of those spent
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Julia Zhu And Tony Bao – Mannatech Achieve Million Dollar Club
by Ted Nuyten • • 0 Comments
Julia Zhu and Tony Bao, founders of the Happy Team and one of the first two Chinese Canadian couples to achieve the prestigious Platinum Presidential Director leadership level, have achieved huge success with Mannatech.
They are Chairman’s Club members, which is an exclusive club made up of only top leaders within the company, as well as Million Dollar Club members, meaning Julia and Tony have earned more than $1 million in commissions since joining Mannatech.
But the road to success hasn’t been easy. Julia immigrated to Canada in 2004, leaving behind her job, family and friends in an effort to help provide her son with a proper education.
Julia is very well-educated; she received her master’s in electrical engineering from the University of Electronic Science and Technology at Xi’an, and she was one
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Mannatech’s Scientific Advisory Board Elects Vice Chairman, Adds New Member
by Nicole Dunkley • • 0 Comments
As a part of Mannatech’s continued commitment and dedication to providing science-backed nutritional supplements to its worldwide customer base, its Global Scientific Advisory Board (GSAB) serves to support this pledge, while providing their insight and expertise.
To expand upon this promise, Mannatech’s GSAB has elected Dr. Stephen Boyd, B.Sc., M.D., PhD as vice chairman.
In this role, he will work alongside all the other GSAB members to ensure that this body helps enable Mannatech to provide innovative nutritional technology and products that are supported by clinical trials and scientific validation.
Dr. Boyd served as Mannatech’s Medical Director from 1997 to 2011. Throughout his career, Dr. Boyd spent 15 years practicing medicine, with a focus on wellness and health maintenance, and he spent more than 20 years in pharmaceutical and nutritional clinical education and research.
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Mannatech Co-Founder Ray Robbins Retires from Board of Directors
by Ted Nuyten • • 0 Comments
Mannatech, a global health and wellness company committed to transforming lives to make a better world, announced that its co-founder, Marlin Ray Robbins, gave notice of his resignation as a member of Mannatech’s Board of Directors on Thursday, November 10, effective immediately as of such date.
Robbins, Mannatech’s top sales associate, announced that he resigned from his position as Director in order to focus on his business as an independent associate of Mannatech, and his decision to resign was not the result of any disagreement with Mannatech.
“It has been both an honor and a privilege to serve on Mannatech’s Board of Directors,” said Marlin “Ray” Robbins.
“My fifteen years on the board has been extremely rewarding, and I have witnessed nothing but dedication and professionalism in my time serving. I am looking
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Mannatech Q Sales Up 9.8% To $48 Million
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, announced financial results for its third quarter 2016.
Third quarter net sales for 2016 were $48.1 million, an increase of $4.2 million or 9.8% as compared to $43.9 million in the third quarter of 2015.
Our net sales increased 6.8% on a constant dollar basis (see Non-GAAP Financial Measure disclosures below). Income from operations was $0.5 million for the third quarter 2016, as compared to $2.2 million income in the same period in 2015.
Net income was $1.3 million, or $0.46 per diluted share, for the third quarter of 2016, as compared to $0.1 million net income, or $0.03 per diluted share, for the third quarter of 2015. During the third quarter, our operations
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Mannatech Launches Essential Oils In Canada
by Nicole Dunkley • • 0 Comments
Mannatech Incorporated, a global health and wellness company committed to transforming lives to make a better world, has recently expanded its proprietary essential oils and Glyconutrient-containing carrier oils to its Canada market.
A five-day roadshow also kicks off today throughout the country to train Mannatech Associates and Members on the many benefits of using essential oils in everyday life.
Mannatech first revealed its new essential oils to sales Associate attendees from around the world at its annual conference, MannaFest?, in Dallas, Texas in April, launching the products first in the United States. Mannatech has since made its line of essential oils available in Korea and Taiwan.
“Mannatech’s Canadian Associates have been anticipating these essential oils ever since we first launched them in the United States, and we are thrilled to finally deliver them
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Mannatech Offering Staff Time Off As Reward For Voting
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, is offering employees a half-day off at its corporate office as a reward to encourage voting in the upcoming presidential election on November 8.
The company’s headquarters in North Texas is home to more than 170 employees. Mannatech’s leadership is committed to providing innovative and engaging ways to encourage its employees while supporting the community in which it operates.
“We are very proud of our commitment to our community by encouraging and enabling our employees to participate in their civic responsibilities,” said Mannatech’s CEO and President, Alfredo “Al” Bala,.
“I believe we are one of the best places to work in the DFW area, and rewarding our employees for voting is just one of the
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Mannatech’s CEO Al Bala Unveils China Business Plans
by Ted Nuyten • • 0 Comments
Mannatech is hosting its annual Asia MannaFest event in South Korea at the Olympic Park Handball Stadium on October 15 at 1 p.m. KST, where thousands of its independent sales Associates from the region will gather and experience the excitement of the company’s complete rebrand and launch of several new health and wellness products.
Mannatech unveiled its global rebrand in April in the U.S., and at Asia MannaFest, Mannatech’s largest gathering of Associates, many will share that excitement that began with the reveal. In addition to launching a new wave of enthusiasm throughout Asia, Mannatech will be launching two new products, as well as recognizing its top Asia leaders for their dedication to transforming their lives through their Mannatech business.
“This event is critical because it continues the momentum and excitement we started when we
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Mannatech Wins Chairman’s Healthcare Award By Latin Business Association
by Ted Nuyten • • 0 Comments
Mannatech®, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, will receive the Chairman’s Healthcare Award by the Latin Business Association (LBA) at the 40th Annual Sol Business Awards Gala on Friday, October 14 at the Crowne Plaza Hotel in Los Angeles.
Mannatech was nominated and was unanimously approved for the award by the LBA’s Board of Directors.
Annually awarded to a company who is progressively making a difference in the healthcare industry, this recognition was given to Mannatech this year due to the company’s commitment and innovative approach to health and wellness,* as well as its dedication to the Latino community.
“We are honored to be recognized among such a prestigious group of organizations who share in our passion, not only of better health
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Mannatech Opens Storefront
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company – a Triple A+ classified opportunity by Business For Home – committed to transforming lives to make a better world, has opened its health and wellness store, the Mannatech storefront, at its headquarters in Coppell, Texas, where its unique nutritional supplements, skincare products, essential oils and fat-loss products are available to sample and purchase.
The Mannatech storefront, located at 600 S. Royal Lane, Suite 200 in Coppell, Texas, is open 9:30 a.m. to 6:30 p.m., Monday through Friday and 9:30 a.m. to 8 p.m. on the second and fourth Tuesday of each month. Visitors to the Mannatech storefront can expect reserved parking spaces and a full-service staff available to serve their health and wellness needs.
The Mannatech storefront was recently renovated and now includes