Michael J. Hagan

MICHAEL J. HAGAN was appointed Chairman of the Board of Directors and
Chief Executive Officer of NutriSystem, Inc., on December 20, 2002.
Prior to joining the company, Mr. Hagan was the co-Founder of
Verticalnet, Inc., a business-to-business Internet and software company,
and held a number of executive positions at Verticalnet since its
founding in 1995, including Chairman of the Board from February 2002 to
the present, President and Chief Executive Officer from January 2001 to
February 2002, Executive Vice President and Chief Operating Officer from
January 2000 to January 2001 and Senior Vice President prior to that
time. Prior to founding Verticalnet, Mr. Hagan was a Vice President and
Senior Manager at Merrill Lynch Asset Management from 1990 to 1995, and
worked for Bristol Meyers Squibb from 1988 to 1990. Mr. Hagan is a
Director of Verticalnet, Inc., a Director of American Financial Realty
Trust, and a Trustee of Saint Joseph’s University. Mr. Hagan was a CPA
in the State of Pennsylvania (license lapsed).