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Fritz Lanman appointed CEO at Mindbody
02 Aug 2022 . BY Frances Marcellin
Fritz Lanman (pictured) will take over from Josh McCarter as Mindbody’s CEO on 3 September 2022 / Mindbody
Fritz’s tech and entrepreneurial background, and his CEO experience, make him the perfect fit to lead Mindbody and ClassPass
– Josh McCarter, current CEO of Mindbody
Mindbody has announced that Fritz Lanman will become the company’s new CEO from 3 September 2022. He will succeed Josh McCarter who will join Mindbody’s board of directors.

When Mindbody acquired fitness membership platform ClassPass last October, with Lanman as CEO, McCarter led the combined business – founder Payal Kadakia exited – while Lanman became president of ClassPass and Mindbody Marketplace.

Lanman has been involved with ClassPass since 2014, leading its seed and Series A fundraising, before becoming CEO in 2017. Josh McCarter joined Mindbody as chief strategy officer in 2018, following the company’s acquisition of B2B business management platform Booker, of which he was co-founder and CEO. He was announced as president of Mindbody in 2019 and took over as CEO in August 2020 when founder and existing CEO Rick Stollmeyer moved to become executive chair.

“It’s the right time to pass the baton to Fritz who will lead Mindbody through this next chapter,” said McCarter. “Fritz’s tech and entrepreneurial background and his CEO experience, make him the perfect fit to lead Mindbody and ClassPass.”

Lanman graduated from Yale and started his career at Microsoft where he went on to specialise in M&A evaluations and strategy. He worked on several notable deals, including Microsoft’s multi-million-dollar investment in Facebook. After founding and selling Livestar, a mobile recommendations startup, he became an angel investor in ClassPass – and other companies such as Pinterest and Wish – for Lanman Ventures and Acecap.

“I'm excited to build on the strong foundation the company has built over the years and bring new approaches to help accelerate our growth and deliver greater value for wellness business owners and wellness enthusiasts alike,” said Lanman. “There's tremendous opportunity in the wellness industry right now and Mindbody is poised to capitalise on market changes and challenges.”

When ClassPass and Mindbody merged last year, it benefited from a US$500m investment from Sixth Street. In February 2022, ClassPass demonstrated recovery from COVID-19 by reporting more reservations than in February 2020. One month later, Mindbody launched Mindbody Capital to support client growth as the industry navigates its way out of the pandemic.

More than half of Mindbody’s fitness customers estimate that attendance will be back to 100 per cent of pre-pandemic levels by December 2022.

Booker went through a series of iterations before its sale to Mindbody.

Launched in 2007 as SpaBooker by SpaFinder by co-founders Pete Ellis and patent-holder, Daniel Lizio-Katzen, the company span out of SpaFinder in 2010 as GramercyOne, changing its name to Booker Software Inc in 2012. McCarter took up the post of CEO in 2010.
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PRODUCT NEWS
Fritz Lanman appointed CEO at Mindbody
02 Aug 2022 . BY Frances Marcellin
Fritz Lanman (pictured) will take over from Josh McCarter as Mindbody’s CEO on 3 September 2022 / Mindbody
Fritz’s tech and entrepreneurial background, and his CEO experience, make him the perfect fit to lead Mindbody and ClassPass
– Josh McCarter, current CEO of Mindbody
Mindbody has announced that Fritz Lanman will become the company’s new CEO from 3 September 2022. He will succeed Josh McCarter who will join Mindbody’s board of directors.

When Mindbody acquired fitness membership platform ClassPass last October, with Lanman as CEO, McCarter led the combined business – founder Payal Kadakia exited – while Lanman became president of ClassPass and Mindbody Marketplace.

Lanman has been involved with ClassPass since 2014, leading its seed and Series A fundraising, before becoming CEO in 2017. Josh McCarter joined Mindbody as chief strategy officer in 2018, following the company’s acquisition of B2B business management platform Booker, of which he was co-founder and CEO. He was announced as president of Mindbody in 2019 and took over as CEO in August 2020 when founder and existing CEO Rick Stollmeyer moved to become executive chair.

“It’s the right time to pass the baton to Fritz who will lead Mindbody through this next chapter,” said McCarter. “Fritz’s tech and entrepreneurial background and his CEO experience, make him the perfect fit to lead Mindbody and ClassPass.”

Lanman graduated from Yale and started his career at Microsoft where he went on to specialise in M&A evaluations and strategy. He worked on several notable deals, including Microsoft’s multi-million-dollar investment in Facebook. After founding and selling Livestar, a mobile recommendations startup, he became an angel investor in ClassPass – and other companies such as Pinterest and Wish – for Lanman Ventures and Acecap.

“I'm excited to build on the strong foundation the company has built over the years and bring new approaches to help accelerate our growth and deliver greater value for wellness business owners and wellness enthusiasts alike,” said Lanman. “There's tremendous opportunity in the wellness industry right now and Mindbody is poised to capitalise on market changes and challenges.”

When ClassPass and Mindbody merged last year, it benefited from a US$500m investment from Sixth Street. In February 2022, ClassPass demonstrated recovery from COVID-19 by reporting more reservations than in February 2020. One month later, Mindbody launched Mindbody Capital to support client growth as the industry navigates its way out of the pandemic.

More than half of Mindbody’s fitness customers estimate that attendance will be back to 100 per cent of pre-pandemic levels by December 2022.

Booker went through a series of iterations before its sale to Mindbody.

Launched in 2007 as SpaBooker by SpaFinder by co-founders Pete Ellis and patent-holder, Daniel Lizio-Katzen, the company span out of SpaFinder in 2010 as GramercyOne, changing its name to Booker Software Inc in 2012. McCarter took up the post of CEO in 2010.
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Trainerize partners with Garmin to bring deeper insights to personal coaches
Trainerize, the fitness business software making wellness accessible by empowering businesses to better engage with their members, announces its latest integration with Garmin®, a leading global provider of smartwatches, fitness trackers and digital health solutions.
Reaxing has launched all-in-one training station the Reax 1001
Reaxing has launched Reax 1001, a training station that integrates four of the company’s products into one.
British boxer Anthony Joshua and Pulseroll introduce new massage gun AJ Ignite
British boxer Anthony Joshua and Pulseroll have joined forces to launch a new limited-edition massage gun collection called AJ Ignite.
Core Health & Fitness has released the StairMaster 8Gx
Core Health & Fitness has announced the launch of the StairMaster 8Gx. Features include a new drivetrain; a deeper, wider step surface; rust-free polypropylene construction; and ergonomic handrails which support multiple climbing positions.
i-Tech Industries creates new i-Boost concept
i-Tech Industries has created the i-Boost concept after blending two of its patented device technologies – icoone and icoone Booster.
Lifting communities can connect and compete using Brawn’s AI-driven InGym
Brawn has launched InGym, a connected strength-training visual display solution for the free weights lifting community. The technology was recently revealed to the public at the Ministry of Sound, in London, when a floor full of lifters gathered with the goal of reaching a collective 350,000kg.
Keiser UK introduces pneumatic resistance to Circle Health Group
Simon Roberts, lead physio for the brand-new Circle Health rehabilitation centre in Birmingham, was recently joined by Keiser UK consultant physio, Manoj Patel, to discuss and demonstrate the benefits of utilising pneumatic resistance within patient treatment to Circle Health’s MSK and Neuro rehab teams.
ServiceSport UK invests in 3D printers to meet the demand for gym equipment parts
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Parkwood Leisure celebrates four award wins and named Outstanding Organisation of the Year at the 2022 ukactive Awards
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Founded in 2007 in Gersthofen, Germany, miha bodytec is the market-leading supplier of Electro Muscl [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

VIDEO GALLERY

Technogym Biocircuit
Losing weight, building strength, ageing in good health: whatever takes you to the fitness club, it needs to be addressed specifically. One size doesn’t simply fit all. Up until today. Find out more...
+ More videos  

DIRECTORY
+ More directory  
DIARY

 

03-04 Sep 2022

HEALING SUMMIT 2022 - The Healing of Everything

Pine Cliff Resort, Portugal
12-13 Sep 2022

2022 Salt Therapy Association Conference

Wyndham Lake Buena Vista Disney Springs® Resort, Lake Buena Vista, United States
+ More diary  
 


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