Press Releases

10/24/07
NutriSystem Names New CFO

NutriSystem, Inc. (NASDAQ: NTRI), a leading provider of weight management and fitness products and services, today announced the appointment of David D. Clark as Chief Financial Officer. Mr. Clark, who served most recently in the same capacity at Claymont Steel Holdings, Inc., will replace James D. Brown, who announced his planned departure on August 10, 2007.

Mr. Clark joined Claymont Steel as Chief Financial Officer in November 2006, where he was part of the management team tasked to revitalize and execute the IPO for the specialty steel manufacturer. Prior to this, he served as Executive Vice President and Chief Financial Officer of SunCom Wireless since its founding in 1997 through February 2006. During Mr. Clark's tenure, SunCom grew to over $800 million in revenues and executed several successful public financings including its IPO in 1999. He also served as Chief Financial Officer of Triton Cellular Partners, L.P. from its inception through its sale in April 2000 for over $1 billion. Before joining Triton, he was a Managing Director at Furman Selz L.L.C. specializing in communications finance, and earlier, he spent over ten years at Citibank N.A. as a lending officer and a high yield finance specialist.

Mr. Clark holds a Bachelors of Science degree in Accounting from Boston College. He will assume his new responsibilities at NutriSystem on November 26, 2007.

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