Business Context and Reporting Period
This Form 8-K Current Report was filed by Mannatech, Incorporated on June 8, 2026, covering the event date of June 3, 2026. The filing addresses a significant change in executive leadership within the company's finance department.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Appointment of CFO: The Board of Directors appointed Yasir Haider as Chief Financial Officer (CFO) and principal financial officer, effective June 3, 2026.
- Departure of CFO: James Clavijo, who served as CFO since July 2024, relinquished the role to Mr. Haider.
- Internal Promotion: Mr. Haider joined the company on January 6, 2025, as Controller and was promoted to CFO.
Management Commentary and Background
Management highlighted Mr. Haider's extensive background in senior finance leadership, including roles as CFO and Financial Controller. His experience encompasses global financial operations, multi-entity consolidations, financial reporting, capital planning, SEC reporting, mergers and acquisitions, and developing scalable financial infrastructure. Mr. Haider holds an MBA from West Texas A&M University and began his career in public accounting.
Investor Verification Checklist
- Verify the effective date of the CFO transition (June 3, 2026) against internal governance records.
- Review the attached press release (Exhibit 99.1) for additional details on the transition plan.
- Confirm the tenure of the outgoing CFO, James Clavijo, to understand the duration of his leadership.
- Assess the impact of the leadership change on upcoming financial reporting cycles.