COPPELL, TX, Mar 16, 2006 (MARKET WIRE via COMTEX) -- Mannatech, Inc. (MTEX) today announced that Robert Panico has been named Vice President of Global Human Resources. Mr. Panico brings to Mannatech a wealth of both human resources and general management experience, including a strong international background, having lived and worked abroad for over ten years. Over a 23-year span, Bob has held a number of positions within The Tetra Pak Group based in Lausanne, Switzerland, and Amcor Packaging, based in Melbourne, Australia. Both companies are market leaders in consumer packaging and processing for food, beverage, health care, pharmaceuticals and nutritional products.
Terry Persinger, President and COO of Mannatech, stated, "We are extremely pleased to welcome Bob to the Mannatech executive team. His international experience in both human resources and sales/general management within major growth-oriented companies will help drive Mannatech's global organization in support of the growth our Associates are achieving around the world."
Mannatech is listed on the NASDAQ National Market under the symbol "MTEX." For over a decade, Mannatech has developed innovative, high-quality, proprietary nutritional supplements, topical products and weight-management products that are sold through a global network-marketing system throughout the United States and the international markets of Canada, Australia, the United Kingdom, Japan, New Zealand, Republic of Korea, Taiwan and Denmark.
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