BNET Industries

Market Cap:$40.3M
Last Fiscal Year Sales:$23.9M
  • Public
  • US
Dow Jones Description

eDiets.com, Inc. (NASDAQ:DIET) is a leading provider of online weight loss services, information and products based in Fort Lauderdale, Florida. The company has over 100 full-time employees and reported revenues of $49 million in 2006. Millions of consumers each month visit the company's flagship Web site, www.eDiets.com, which is Forbes.com's "Best of the Web" in the diet and nutrition category. Millions more are active in the company's email programs. eDiets.com's primary revenue stream is the sale of subscriptions to personalized online diet and fitness plans; since 1997 over 2.5 million subscriptions have been sold. eDiets.com offers over 20 plans including the eDiets.com Weight Loss Plan, the Atkins Nutritional ApproachTM, the Glycemic Impact Diet, the Slim-Fast OptimaTM Diet and a range of Healthy Living plans for those with special dietary needs. Questionnaires help members to choose the most suitable plan and then to personalize it according to their individual preferences. In addition to its online plans, eDiets.com also offers eDiets DeliciouslyYours, a meal delivery service that ships freshly-prepared, nutritionally-balanced meals, snacks and desserts directly to the doors of those seeking a convenient way to eat well and lose weight. eDiets DeliciouslyYours was named Epicurious.com's "Top Pick" among weight loss meal delivery services. ...

CEO and President
Kevin N. McGrath
Number of Employees 95
Contact Information

3801 W Hillsboro Blvd

Deerfield Beach, Florida 33442-9473

ediets.com

(954) 360-9022

NAICS Code All Other Personal Services: 812990

Recent Events

  • eDiets.com reports a leaner third quarter

    11/19/09 - New Investment - View Story

  • eDiets.com raises more money from executives and shareholders

    9/17/09 - New Investment - View Story

News & Analysis

ediets com inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Kevin N. McGrath CEO and President
John McGran Editor-in-Chief
Laura Klein Chief Information Officer
Robert Hamilton CFO & Treasurer
Thomas Hoyer Chief Financial Officer
Stephen J. Rattner Executive Vice President of Corporate Services
Kim Evenson Senior Vice President of Marketing & Sales
Harriet L. Gallu Vice President, Brand Marketing
Linda Kohler Vice President and General Manager Meal Delivery
Lynn Frcek Vice President Ediets Corporate Services
Ray Costa Vice President, Strategic Partnerships
Roshelle Hirvonen Vice President, Member Services
Thomas E Wicorek Vice President of Information Technologies
Alex Harris Creative Director of Acquisition
Carla Cox Director, Finance Reporting
Kathleen Berzon Pr Director
Sichon Domrongchai Senior Art Director
Merilee Kern Manager
Pamela Ofstein Manager, Product Development
David Katz Nutrition Consultant
Debra Smiley Holtzman
Dr Nancy Tice
James A Epstein General Counsel
John Mills
Kerry McLeod
Leanne Ely Columnist
Raphael Calzadilla

Board of Directors

Name (plus bio) Position
Kevin Richardson Director and Chairman
Andrea M. Weiss Board of Directors
Isaac Kier Board Member
Lee S Isgur Board of Directors
Pedro N Ortega Board of Directors
Pedro N. Ortega-Dardet Board of Directors
Robert Doretti Board of Directors
Ronald Luks Board of Directors
Stephen Cootey Board of Directors

Organization Position Status
eDiets.com, Inc. CEO and President Current
Smith Hanley Associates Inc. Current
eDiets.com, Inc. Board of Directors Current
Hughes Communications, Inc. President Former
Digital Angel Corporation President, Chief Executive Officer and Director Former
El Segundo Former
Hughes Electronics Former
Digital Angel Corporation Board of Directors Former
Cornell University MBA in finance Former
Dartmouth College MBA Former
Princeton University BA In History Former

Organization Position Status
eDiets.com, Inc. Editor-in-Chief Current

Laura Klein brings over 8 years of senior business experience to eDiets.com. Ms. Klein served as the Chief Information Officer, VP of IT and Security Officer at Sheridan Healthcare Inc., a leading outsourcing provider of healthcare services for hospitals and medical facilities. Between 2001 and 2002, she was President of Elencee LLC, a marketing and website development company located in Fort Lauderdale. In this capacity, Ms. Klein developed new marketing strategies for Sheridan Healthcare, while managing both the web development and marketing teams. Prior to her role as President at Elencee LLC, Ms. Klein was a Software Trainer for Sheridan Healthcare Inc., a System Administrator for Green2Go.com and a Java Programming Instructor at Sun Microsystems. Ms. Klein holds an Executive Program MBA degree with a concentration in healthcare from the University of Miami, as well as a BS degree in Biology from North Carolina State University and an MS degree in Food and Nutrition from the University of Georgia.

Organization Position Status
eDiets.com, Inc. Chief Information Officer Current
The University of Georgia MS Degree In Food and Nutrition Former
University of Miami MBA Degree Former
North Carolina State University BS Degree In Biology Former

Organization Position Status
Search-Ediets Chief Financial Officer Current
Nutrio Technologies Chief Financial Officer Current
Gleemagazine.Com Chief Financial Officer Current
eDiets.com, Inc. CFO & Treasurer Current
Arthur Andersen LLP audit manager Former
Equinox Systems, Inc. Manager Former

Mr. Hoyer brings over 20 years of senior corporate finance experience to eDiets.com, having served as Chief Financial Officer of several public and private companies, including Digital Angel, Inc, Nationsrent Companies, Inc. and GLOBEquip LLC, as well as in a broad range of significant financial roles at MWH Global, Inc. and Fluor Corporation. Mr. Hoyer will be responsible for eDiet's finance operations, including accounting, external reporting, tax, treasury and investor relations, and will report directly to eDiets CEO and President, Steve Rattner.

Organization Position Status
eDiets.com, Inc. Chief Financial Officer Current

Prior to co-founding Nutrio, Mr. Rattner was co-founder, president and COO of HotOffice Technologies. Mr. Rattner was also a name partner in the public accounting firm of Levi, Rattner, Cahlin & Co. ("Levi, Rattner"). During his tenure at Levi, Rattner, he practiced primarily corporate transactional and taxation work, having counseled numerous clients in large corporate financial transactions. His experience also includes significant involvement in mergers and acquisitions. Prior to co-founding Levi, Rattner, Mr. Rattner was employed by the "Big 5" public accounting firm KPMG. He received his Bachelor of Science degree in Business Administration from the University of Florida and is a Certified Public Accountant.

Organization Position Status
Nutrio Technologies President, CEO Current
Gleemagazine.Com President Current
eDiets.com, Inc. Executive Vice President of Corporate Services Current
Nutrio.com, Inc. President & CEO Former
eDiets.com, Inc. President and CEO Former
Nutrio.com, Inc. Co-Founder Former
KPMG International Former
University of Florida Bachelor of Science Degree In Business Administration Former

Organization Position Status
Search-Ediets Senior Vice President of Marketing & Sales Current
eDiets.com, Inc. Senior Vice President of Marketing & Sales Current
Gleemagazine.Com Senior Vice President of Marketing & Sales Current
Starbucks Corporation Former
Duke University's Fuqua School of Business MBA Former
Duke University Mba Former
Northwestern University BA Former

Organization Position Status
eDiets.com, Inc. Vice President, Brand Marketing Current

Linda Kohler brings over 20 years of senior business experience to eDiets. Prior to joining eDiets, Ms. Kohler served as a Principal Consultant for KC Enterprises, who was retained by a major European food manufacturer. While there, Kohler successfully introduced three of their products to the U.S. retail marketplace. Between 1998 and 2001 she was VP, General Manager for Aurora Foods where she led her $155M division to record profitable growth. From 1995 to 1998, Kohler was the executive VP, COO for Avalon Bay, a leading frozen seafood provider. In this capacity she successfully integrated them into the Aurora Foods environment. Linda has extensive experience with managing challenging supply chains, both internationally and domestically, and has delivered high quality products and solid business results. Ms. Kohler attended Cambridge College and holds a Masters Certificate from Villanova University in Strategic Organizational Leadership with a focus on Project Management and Organizational Leadership and Lean Six Sigma. She was a contributing member of both the White House Task Force on Small Business and the United Nations World Day Committee and was awarded the Small Business Person of the Year for the State of Florida in 1979.

Organization Position Status
eDiets.com, Inc. Vice President and General Manager Meal Delivery Current
K&C Enterprises Principal Consultant Former
Villanova University Masters Former
Cambridge College Former

Lynn Frcek has nearly two decades of experience as an innovative marketing strategist helping top companies maximize visibility and drive revenue growth. As Vice President and co-founder of Boca Java, Inc., she directed strategic merchandising, product development and service initiatives for the leading provider of gourmet coffee and specialty tea products, bringing the company from a small startup into a $12 million operation in less than five years. Lynn also served as Executive Vice President of Xcelerate, a systems development and consulting firm in Fort Lauderdale, and group manager for Ryder, Inc. She also was Senior Consultant in the IT Group at Price Waterhouse in Miami. Lynn received an MS in Computer Science and a BS in Finance from the University of Florida.

Organization Position Status
Gleemagazine.Com Vice President Ediets Corporate Services Current
eDiets.com, Inc. Vice President Ediets Corporate Services Current
Xcelerate Executive Vice President Former
Boca Java Corp Vice President Former
Boca Java Corp Co-Founder Former
The Ryder Group Manager Former
University of Florida MS In Computer Science Former
University of Florida BS In Finance Former

Organization Position Status
eDiets.com, Inc. Vice President, Strategic Partnerships Current

Organization Position Status
eDiets.com, Inc. Vice President, Member Services Current

Organization Position Status
eDiets.com, Inc. Vice President of Information Technologies Current
Sapient Corporation Senior Manager of Technology Former
University of Central Florida BS in Computer Science Former

Alex heads Sererra's sWEB Division including creative designing and SEO services specifically on NetSuite technology. For the last 6 years Alex has also been Creative Director of Acquisition at eDiets.com. He manages all the creative for Web Marketing, Banner Advertising, xHTML/CSS production and Flash Development. Our team delivers effective creative that is tested to improve customer acquistion, increase retention and give the members a better user experience. Alex also specializes in optimizing website designs to increase web traffic, improve conversion rates, banner click through rates with internet direct marketing (AKA: Sales Funnel A/B Testing). His focus on Search Engine Optimization tactics and affiliate marketing has acheived the best possible ROI.

Organization Position Status
eDiets.com, Inc. Creative Director of Acquisition Current
Sererra LLC Consultant Current

Organization Position Status
eDiets.com, Inc. Director, Finance Reporting Current
eDiets.com, Inc. Director, Finance Reporting Former

Organization Position Status
eDiets.com, Inc. Pr Director Current

Organization Position Status
Prides Capital, LLC Founder Current
eDiets.com, Inc. Director and Chairman Current
Gleemagazine.Com Director and Chairman Current
Search-Ediets Director and Chairman Current
BLUM Capital Partners, L.P. Partner Former
Fidelity Management Corporation Assistant Portfolio Manager Former
Tudor Investment Corporation Analyst Former
Prides Capital, LLC Principal Former
Kidder, Peabody & Co. Former
Kenan-Flagler Business School M.B.A. Former
Babson College B.S. Former

Mr. Sichon Domrongchai has over 11 years of experience as a creative director with Rhetoric Advertising in the general advertising and new media industry. After receiving recognition for his "Best Portfolio" for Visual Communications from the Art Institute of Fort Lauderdale, Mr. Domrongchai worked as a Senior Art Director for Ingalls Advertising, leading the design group for their Interactive practice. Mr. Domrongchai also served as Senior Art Director and Associate Creative Director for Fusive.com, now SAIC, leading the creative design and implementation for Sony Latin America Brands. His experience also includes consulting for Daniels & Roberts, DigiCasta and Echo Medium. As Senior Art Director for eDiets.com, Mr. Domrongchai played a major role in the 2005 redesign of their acquisition site, as well as brand sites for their products.

Organization Position Status
Securecard Technologies, Inc Vice President of Marketing Current
eDiets.com, Inc. Senior Art Director Current
Securecard Technologies, Inc Creative Director Former

Organization Position Status
eDiets.com, Inc. Manager Current

Organization Position Status
Gleemagazine.Com Director of Nutrition Services Current
Search-Ediets Director of Nutrition Services Current
eDiets.com, Inc. Manager, Product Development Current
Florida International University Master of Science Degree In Dietetics Former
Florida State University Bachelor of Science degree in Dietetics Former

Mr. Katz's professional experience spans consulting and investment banking. Prior to joining WaterHealth, Mr. Katz was a Senior Analyst at Ivory Capital, a $2 billion long/short hedge fund. Mr. Katz also has extensive experience in the technology market through his 5-year tenure as Vice President of the Mergers and Acquisitions group at Montgomery and Co. Previously he was a Senior Associate Consultant for Bain & Company before being appointed Director of Financial Planning and Analysis with Jostens Learning Corporation, a Bain Capital portfolio company focused on educational software development. There, he played an integral role in raising financing and positioning the company for sale. Mr. Katz received his MBA from The Anderson School of Business as a Carter Fellow in 2000 and his B.A. from Dartmouth College with Magna Cum Laude and Phi Beta Kappa Honors. He serves on the Board of the Venice Boys and Girls Club.

Organization Position Status
Waterhealth International Inc. Cfo and Vice President Finance and Administration Current
Jostens, Inc. Director of Financial Planning and Analysis Current
David L. Katz MD Associate Professor of Public Health, Director, Prevention Research Center Current
Stepping Stone Spa Director of Medical Programming Current
Yale University School of Medicine Associate Professor Current
Hclf Online Associate Clinical Professor of Public Health & Medicine Current
Stemconn David Katz Is Associate Clinical Professor of Epidemiology and Public Health Current
Wtnh Nutrition Consultant Current
eDiets.com, Inc. Nutrition Consultant Current
American Dietetic Association Co Current
Griffin Health Services Corporation Current
Girls Club Board of Directors Current
Integrative Medicine Center At Griffin Hospital Director Current
Yale University School of Medicine Director of Medical Studies Former
David L. Katz MD Associate Professor of Public Health Former
Dartmouth College Med School Former
CDC Corporation Reviewer Former
The New York Times Company Former
The Washington Post Company Former
CDC Corporation Director Former
Albert Einstein College MD Former
Albert Einstein College of Medicine Md Former
Yale University School of Medicine M.P.H. Degree Former
Dartmouth College BA Former

Organization Position Status
Today's Parent Columnist Current
The Safety Expert - Privacy Policy Child Safety Advocate Current
eDiets.com, Inc. Current

Organization Position Status
eDiets.com, Inc. Current
Netcounselors.Com New York State Board Licensed Psychiatrist, Specialization In Online Medicine and Patient Education Current
New York College of Osteopathic Medicine D.O. Former

James A. Epstein brings a wealth of experience in corporate governance, securities, contracts, litigation, risk management, insurance and employment law to his position as General Counsel at eDiets.com, Inc. He was most recently General Counsel/Secretary at 21st Century Holding Company where, among other tasks, he oversaw securities matters, regulatory compliance, corporate governance and contracts. Earlier, he was General Counsel for Internet solutions provider 186K.Net, where he drafted commercial contracts, negotiated joint venture agreements and oversaw contractual and licensing relationships with strategic partners such as AT&T, Sprint and Microsoft. As an associate at law firms Conrad & Scherer and Hinshaw & Culbertson, he specialized in the health care field, where his clients included public hospital districts such as Columbia HCA and Humana and a range of physicians and major insurers. Admitted to practice in the state of Florida and the U.S. Southern District of Florida, he is a graduate of the University of Florida College of Law and Virginia Commonwealth University.

Organization Position Status
Search-Ediets General Counsel Current
eDiets.com, Inc. General Counsel Current
Gleemagazine.Com General Counsel Current
Conrad & Scherer, Llp Associate Former
Knet Inc General Counsel Former
Hinshaw & Culbertson Llp Associate Former
University of Florida Levin College of Law Former
Virginia Commonwealth University Former

Organization Position Status
eDiets.com, Inc. Current

Array

Organization Position Status
Hnp Pharmaceuticals Director of Marketing Current
Fitness, Inc Current
Cox Enterprises, Inc. Former
McGraw-Hill Publishing Company Former
The University of Texas B.S. In Psychology Former

As a mom, Leanne knows and understands the dinner dilemmas facing families day in and day out. Now, tens of thousands of kitchens across the world are busy creating simple, delicious meals with her weekly Menu-Mailers, freezer dinner kits, and best-selling cookbooks, Saving Dinner: The Menus, Recipes and Shopping Lists to Bring Your Family Back to the Table, Saving Dinner the Low Carb Way, Saving Dinner for the Holidays, Saving Dinner the Vegetarian Way and Saving Dinner Basics: How to Cook Even if You Don't Know How. Leanne also dishes out recipes and advice across America with her syndicated newspaper column, The Dinner Diva. Teaming up with Marla Cilley, AKA the FlyLady, this dynamic duo is set on changing homes across the country and around the world. Woman's Day magazine has called Leanne "the expert on family dinners."Her advice has been published in Real Simple, Parenting, Child, Parent & Child among many others. Timely tips and techniques are shared with readers in her weekly newsletter, Healthy-Foods, and in several print and online publications. Leanne currently serves as the family columnist for eDiets.com. Her "Top Ten" lists have proved to be some of eDiets' most popular articles with their millions of readers. Leanne also pens the weekly "Food for Thought" at the popular web site, Flylady.net. It is amongst these 415,000 "flybabies" that Menu-Mailer was born in January 2001. Demonstrating her secrets to dinner success, Leanne has been seen cooking in Bloomingdale's stores nationwide, on QVC, HGTV's Simple Solutions, ABC Family's Living the Life, Nashville's Talk of the Town on CBS, Chicago's Small Talk for Parents, an Ivanhoe Broadcasting's Smart Woman Television news segment nationwide.

Organization Position Status
eDiets.com, Inc. Columnist Current
Saving Dinner Current

Organization Position Status
Search-Ediets Current
Ediets Uk Current
eDiets.com, Inc. Current
Gleemagazine.Com Current
Performance Nutrition Show Current
Healthy Kids' Catalog Co Board of Directors Current
Southern Connecticut State University Bachelor of Arts Degree Former

Andrea M. Weiss has been a director since June 2006. Since August 2002, she has served as president and chief executive officer of Retail Consulting Inc., an international retail consulting company she owns. From April 2001 to August 2002, she served as president of dELiA*s Corp., a direct marketing and retail company comprised of lifestyle brands for teenage girls. From May 1998 to February 2001, she served as executive vice president and chief stores officer of Limited Brands Inc., a specialty retail business. She is also a director of CBRL Group Inc. and eDiets.com Inc.

Organization Position Status
Retail Consulting Chief Executive Officer Current
Retail Consulting President Current
eDiets.com, Inc. Board of Directors Current
CBRL Group, Inc. Board of Directors Current
GSI Commerce, Inc. Board of Directors Current
Limited Brands, Inc. Chief Stores Officer Former
Limited Brands, Inc. Executive Vice President Former

Organization Position Status
eDiets.com, Inc. Board Member Current

Organization Position Status
Gleemagazine.Com Board of Directors Current
eDiets.com, Inc. Board of Directors Current
Infogine Director Current
The Jeffries Company Managing Director Former
Volpe Welty & Co. Partner Former
Corporate Counselors Managing Partner Former

Organization Position Status
eDiets.com, Inc. Board of Directors Current

Pedro N. Ortega-Dardet brings considerable experience in the health and beauty industry to eDiets, serving on the Company’s Board of Directors since July 2002. Ortega-Dardet has been President of Skinmetics, Inc., a Coral Gables, Florida-based company that designs, manufactures and markets premium skin care products for the professional beauty industry under the name Wilma Schumann Skin Care, since 1997. From 1989 to 1997, Ortega-Dardet served as President of Brickell Development Corp., a general contracting business involved in residential and commercial construction work. From 1987 to 1989, he was Vice President of Property Insurance, Inc., an agency offering title, homeowners, life and other types of insurance through a network of financial institutions. Ortega-Dardet also currently serves as the editor of industry newsletter Skin and Body News and is frequently quoted as an expert source in skin care industry magazines. He also serves as a consultant to several European companies interested in marketing beauty and wellness products throughout the United States. Ortega-Dardet, a member of the Board of Advisors for the Florida College of Natural Health, is also a Director of the Esthetics Manufacturer and Distributors Alliance (EMDA); member of the Independent Manufacturers and Distributors ; a member of the International Spa Association (ISPA); a member of the Board of Directors of Brickell Development, Corp; and a member of the American Red Cross Disaster Action Team.

Organization Position Status
eDiets.com, Inc. Board of Directors Current
S.Com, Inc. Former

Organization Position Status
Comvest Group, Inc. Operating Partner Current
Comvest, Ltd. Operating Partner Current
Longworth Venture Partners Executive Council Current
Comvest Group, Inc. Advisor Current
Gleemagazine.Com Board of Directors Current
eDiets.com, Inc. Board of Directors Current
Kaazing Corporation Board of Directors Current
CorVu Corporation Board of Directors Current
On Technology Corporation Chief Executive Officer Former
On Technology Corporation President Former
On Technology Corporation Chairman Former

Ron has over 25 years of experience in online media as well as considerable expertise in financial markets. He has been instrumental in providing content creation and licensing services, online community management and real-time publication to the major commercial online services. Ron has also served as an industry consultant for leading corporations and serves on the board of directors of Internet diet and fitness site, eDiets.com (NASDAQ: DIET). Prior to his pioneering services to the online industry, Ron was a partner in the Wall Street firm of Ernst & Co. and a member of the American Stock Exchange and other national stock and commodity exchanges. He is currently an equity partner and maintains his securities registration with Liberty Pacific Capital, LLC, a Seattle-based investment banking firm. Ron lives in Palm Beach County, Florida with his wife, Dawn, and teenage daughter.

Organization Position Status
Fun Online Corp Current
eDiets.com, Inc. Board of Directors Current
Nutrio Technologies Board of Directors Current
Ediets Uk Board of Directors Current
Gleemagazine.Com Board of Directors Current
Search-Ediets Board of Directors Current
The American Stock Exchange LLC Board of Directors Former
The American Stock Exchange LLC Member Former

Organization Position Status
Gleemagazine.Com Director Current
eDiets.com, Inc. Board of Directors Current
The Princeton Review, Inc. Board of Directors Current
Nutrio Technologies Director Current
Whitney Information Network, Inc. Board of Directors Current
Prides Capital, LLC Former
Columbia Business School MBA Former
Bowdoin College A.B. In Physics Former

Executive News

  • eDiets.com Selects Karlin+Pimsler to Lead Creative Turnaround

    Broadcast Newsroom - 9/02/09 - View Story

  • Life Expectancy in U.S. Hits a New High

    BusinessWeek - 8/20/09 - View Story

  • GSI Commerce stocks fall after offering is priced below market value

    Philadelphia Business Journal - 8/13/09 - View Story

  • eDiets.com(R) Announces Q2 2009 Results

    PR Newswire - 8/12/09 - View Story

  • eDiets.com(R) Announces Q2 2009 Results

    MSN Money - 8/12/09 - View Story

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     DIET $1.39 0.00 (0.00% )
Average Volume 48,509
Shares Outstanding 29.05M
Market Cap 40.4M
Year High 4
Year Low 0.71
Earnings Per Share -0.67
P/E Ratio -2.07
Dividend N/A
Yield N/A
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