$MTEX·8-K

MANNATECH INC · Mar 24, 11:36 AM ET

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MANNATECH INC 8-K

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Mannatech Inc. Announces CFO Contract Not Renewed; Interim CFO Appointed

What Happened Mannatech Inc. (MTEX) filed an 8-K reporting that on March 19, 2026 the company informed Chief Financial Officer James Clavijo it would not renew his employment agreement, which expires June 30, 2026. To manage the transition, the Board appointed Controller Yasir Haider as Interim CFO effective March 20, 2026. Under his current agreement, Mr. Clavijo is entitled to receive his base salary for three months after the contract term ends.

Key Details

  • Company filed Item 5.02 disclosure on March 24, 2026 reporting the CFO change.
  • Non-renewal notice to CFO James Clavijo given March 19, 2026; employment agreement expires June 30, 2026.
  • Clavijo will receive base salary for three months following the expiration of the agreement.
  • Yasir Haider, Controller since January 6, 2025, was named Interim CFO on March 20, 2026; his background includes prior CFO and financial controller roles, SEC reporting experience, M&A, and an MBA from West Texas A&M University.

Why It Matters A CFO transition is material because it affects financial leadership, reporting continuity and investor confidence. Mannatech has appointed an internal interim CFO with relevant SEC reporting and finance leadership experience, which may help maintain continuity through the remainder of the current CFO’s contract and upcoming reporting periods. The filing discloses a limited post-contract pay obligation (three months’ base salary) and does not announce a permanent successor.

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