Jim Pisani Joins Life Fitness As Chief Executive Officer

Jul 25, 2023•almost 2 years ago

Company

LIFE FITNESS

Franklin ParkWellnessFitnessHealth Care

Description

Life Fitness, the global leader in commercial fitness equipment, is pleased to announce the appointment of Jim Pisani as Chief Executive Officer, effective immediately, with Paul Stoneham transitioning as a Senior Advisor to the Life Fitness Board of Directors. The Company thanks departing Chief Executive Officer Paul Stoneham for his important contributions to Life Fitness during his tenure to position the Company for the exciting next phase of growth. Under Mr. Stoneham's leadership, Life Fitness demonstrated double-digit revenue growth and established itself as a leader in product innovation as the Company showcased its new product launches at the recent IHRSA and FIBO trade shows

Company Information

Company

LIFE FITNESS

Location

Franklin Park, Illinois, United States

About

Life Fitness is the global leader in commercial fitness and home recreation equipment. The company manufactures and sells its strength and cardiovascular equipment through its iconic family of brands that includes Life Fitness, Hammer Strength, Cybex, ICG®, and SCIFIT. Its equipment is distributed to over 250,000 fitness facilities in more than 160 countries globally. Life Fitness is a portfolio company of KPS Capital Partners, LP.

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months

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