Business Context and Reporting Period
This Form 8-K Current Report was filed by Mannatech, Incorporated on March 19, 2026. The filing addresses a significant change in executive leadership under Item 5.02 regarding the departure of the Chief Financial Officer and the appointment of an interim successor.
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
- Departure of CFO: James Clavijo, the Company's Chief Financial Officer, was notified on March 19, 2026, that his employment agreement would not be renewed upon its expiration on June 30, 2026.
- Compensation: Under the terms of his agreement, Mr. Clavijo is entitled to receive his base salary for a period of three months following the expiration of his current term.
- Interim Appointment: On March 20, 2026, the Board appointed Yasir Haider, the Company's Controller, to serve as Interim CFO.
Management Commentary and Risks
The filing notes that the departure of Mr. Clavijo followed a discussion and mutual agreement between the Company and the executive. To facilitate the transition of duties, Mr. Haider was selected due to his extensive background in global financial operations, SEC reporting, and capital planning. No specific risks, contingencies, or unusual items were disclosed in this filing.
Investor Verification Checklist
- Verify the exact end date of James Clavijo's employment (June 30, 2026) and the commencement of his severance period.
- Confirm the duration of the interim CFO role for Yasir Haider and whether a permanent search has been initiated.
- Review subsequent filings for any impact on financial reporting timelines or internal controls resulting from the leadership transition.