Consumer >> CEO Interviews >> January 19, 2004
SAMUEL L. CASTER, Chairman and CEO of Mannatech, Incorporated, co-
founded Mannatech and directly owns 21.8% of its common stock as of
April 1, 2004. Mr. Caster served as Mannatech's President and as a
Director on its Board of Directors from November 1993 until his
resignation on March 31, 2000. From June 1, 2000 through March 4, 2002,
Mr. Caster provided Mannatech with various consulting services related
to its associates' needs and was instrumental in the development of
Mannatech's revamped global associate career and compensation plan. Mr.
Caster was reappointed as a Class II Director to Mannatech's Board of
Directors on August 2, 2000 and was elected to serve as a Class II
Director by Mannatech's shareholders on June 2, 2003. From June 4, 2001
to March 4, 2002, Mr. Caster served as co-Chairman of Mannatech's Board
of Directors and since March 5, 2002 has served as its Chairman of the
Board. On April 15, 2003, Mr. Caster was elected Mannatech's Chief
Executive Officer. Mr. Caster has over 24 years' experience with various
network-marketing and direct selling companies. Mr. Caster also co-
founded MannaRelief, a non-profit international ministry formed to help
supply food supplements to at-risk children by working with other
ministries, non-profit organizations and missionaries throughout the
world. Mr. Caster is the brother-in-law of Mr. Donald Herndon,
Mannatech's Vice President of Field Services. Mr. Herndon is the
brother-in-law of Mr. Terry Persinger, who is Mannatech's President,
Chief Operating Officer and a Board member. Profile
TWST: Would you begin with a brief historical sketch of Mannatech and apicture of the things you're doing at the present time?
Mr. Caster: We were founded 10 years ago, in 1994. That is the