People: Life Time Fitness Inc (LTM)
LTM on New York Consolidated
50.04USD
21 May 2013
50.04USD
21 May 2013
Price Change (% chg)
$0.19 (+0.38%)
$0.19 (+0.38%)
Prev Close
$49.81
$49.81
Open
$49.82
$49.82
Day's High
$50.15
$50.15
Day's Low
$49.82
$49.82
Volume
501,020
501,020
Avg. Vol
473,245
473,245
52-wk High
$52.43
$52.43
52-wk Low
$39.10
$39.10
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Bahram Akradi |
51 | 2009 | Chairman of the Board, President, Chief Executive Officer |
Michael Robinson |
53 | 2002 | Chief Financial Officer, Executive Vice President |
Eric Buss |
46 | 2010 | Executive Vice President |
Tami Kozikowski |
51 | 2012 | Executive Vice President - Real Estate and Development |
Jeffrey Zwiefel |
50 | 2011 | Executive Vice President, Chief - Operations |
Joseph Vassalluzzo |
65 | 2008 | Lead Independent Director |
Giles Bateman |
68 | 2006 | Independent Director |
Jack Eugster |
67 | 2009 | Independent Director |
Guy Jackson |
70 | 2004 | Independent Director |
John Lloyd |
66 | 2009 | Independent Director |
Martha Morfitt |
55 | 2008 | Independent Director |
John Richards |
64 | 2006 | Independent Director |
Biographies
| Name | Description |
|---|---|
Bahram Akradi |
Mr. Bahram Akradi serves as Chairman of the Board, President, Chief Executive Officer of Life Time Fitness Inc. He founded the company in 1992 and has been a director since inception. Mr. Akradi was elected chief executive officer and chairman of the board of directors in May 1996. In December 2009, Mr. Akradi was appointed president of the company, a position he also held from 1992 through December 2007. Mr. Akradi has over 25 years of experience in healthy way of life initiatives. From 1984 to 1989, he led U.S. Swim & Fitness Corporation as its co-founder and executive vice president. Mr. Akradi was a founder of the health and fitness Industry Leadership Council. |
Michael Robinson |
Mr. Michael R. Robinson serves as Chief Financial Officer, Executive Vice President of Life Time Fitness Inc. Prior to joining company, Mr. Robinson was most recently Executive Vice President and Chief Financial Officer of Next Generation Network, Inc., a digital video advertising company, from April 2000 to March 2002. Prior to April 2000, Mr. Robinson spent approximately 17 years with Honeywell International, Inc., a diversified technology and manufacturing company, where he held senior management positions from 1994 to March 2000. From 1995 to 1997, Mr. Robinson held the position of Vice President of Investor Relations and he was responsible for financial communications with investors and other third parties. From 1997 to 2000, he was the Vice President of Finance, Logistics and Supply for Europe, the Middle East and Africa where he managed accounting, finance, tax and treasury functions. |
Eric Buss |
Mr. Eric J. Buss serves as Executive Vice President of Life Time Fitness Inc. Mr. Buss joined company in September 1999 as Vice President of Finance and General Counsel. Mr. Buss was elected Secretary in September 2001 and was named Senior Vice President of Corporate Development in December 2001 and Executive Vice President in August 2005. In December 2010, Mr. Buss transitioned from the General Counsel and Secretary positions, and became responsible for the company’s media division in addition to his other responsibilities as an Executive Vice President. Prior to joining company, Mr. Buss was an associate with the law firm of Faegre & Benson LLP from 1996 to August 1999. Prior to beginning his legal career, Mr. Buss was employed by Arthur Andersen LLP. |
Tami Kozikowski |
Ms. Tami A. Kozikowski serves as Executive Vice President - Real Estate and Development of Life Time Fitness Inc. Prior to joining company, Ms. Kozikowski was Chief Development Officer of Advance Auto Parts, an automotive aftermarket retailer, from June 2009 to December 2011. From November 2007 to February 2009, she served as Senior Vice President, Merchandising for Best Buy Co., Inc., a specialty retailer of consumer electronics, office products, appliances and software, where she was responsible for Best Buy's appliance, music, movies and gaming businesses. Prior to that, she served in other senior leadership operational roles with Best Buy Co., Inc., including Senior Vice President of Services (Geek Squad) Operations from August 2006 to November 2007, Senior Vice President Retail Support/Operations from March 2004 to August 2006 and Senior Vice President, Real Estate and Property Management. |
Jeffrey Zwiefel |
Mr. Jeffrey G. Zwiefel serves as Executive Vice President, Chief - Operations of Life Time Fitness Inc. He joined company in December 1998 as Vice President, Health Enhancement Division and became Vice President of Fitness, Training and New Program Development in January 2004. Mr. Zwiefel was named Senior Vice President, Life Time University in March 2005, named Executive Vice President of Operations in June 2008 and named Chief of Operations in October 2011. Mr. Zwiefel has 23 years of comprehensive and diverse experience in the health, fitness and wellness industry. Prior to joining company in 1999, Mr. Zwiefel worked for over nine years with NordicTrack, Inc. where he served most recently as Vice President, Product Development. Mr. Zwiefel has a M.S. in exercise physiology. |
Joseph Vassalluzzo |
Mr. Joseph S. Vassalluzzo is Lead Independent Director of Life Time Fitness, Inc. He was elected a director of company in October 2006 and lead director in October 2008. Since August 2005, Mr. Vassalluzzo has been an independent advisor to retail organizations, with a primary emphasis on real estate. From 1989 until August 2005, Mr. Vassalluzzo held executive and senior leadership positions with Staples, Inc., an office products retailer, including vice chairman from 2000 to 2005. Previously, Mr. Vassalluzzo has held management, sales, operations and real estate positions with Mobile Corp., Amerada Hess Corp. and American Stores Company. Mr. Vassalluzzo is the non-executive chairman and a member of the compensation committee and nominating and governance committee of the Board of Trustees of Federal Realty Investment Trust, a publicly held real estate investment trust. He is also a director and a member of the nominating and governance committee and real estate committee of iParty Corporation, a publicly-held chain of party supply superstores. Within the last five years, Mr. Vassalluzzo has also served on the board of directors of Commerce Bancorp, Inc., which was subsequently acquired by T.D. Bank Group. Mr. Vassalluzzo has a history of demonstrated leadership in real estate acquisition and expansion in his roles at Staples, Inc. |
Giles Bateman |
Mr. Giles H. Bateman is an Independent Director of Life Time Fitness, Inc., since March 2006. Mr. Bateman was one of four co-founders of Price Club in 1976 and served as its chief financial officer and vice chairman until 1991. Mr. Bateman served as non-executive chairman of CompUSA Inc., a publicly traded retailer of computer hardware, software, accessories and related products, from 1993 until he retired in 2000. Mr. Bateman serves as a director and the chair of the audit committee of WD-40 Company. Within the last five years, Mr. Bateman also served on the board of directors of United PanAm Finance Corporation. Mr. Bateman has more than 20 years of public company operating experience, including as founder, chief financial officer and vice chairman of big-box retailer, Price Club, and has served on numerous public company boards. In addition to his leadership experience with a big-box retailer, he also has background and experience in finance through his tenure as chief financial officer at Price Club as well as his service on numerous audit committees in the past. |
Jack Eugster |
Mr. Jack W. Eugster is an Independent Director of Life Time Fitness, Inc., since October 2009. Mr. Eugster served as the chairman, president and chief executive officer of Musicland Stores Corporation, a retail music and home video company, for 21 years before his retirement in 2001. Prior to Musicland, Mr. Eugster held executive leadership positions with The Gap, Inc. and Target Corporation. He currently serves on the board of directors of two other public companies, Graco Inc. and Black Hills Corporation. Mr. Eugster has a history of demonstrated leadership with retail organizations. |
Guy Jackson |
Mr. Guy C. Jackson is an Independent Director of Life Time Fitness, Inc., since March 2004. In June 2003, Mr. Jackson retired from the accounting firm of Ernst & Young LLP after 35 years with the firm and one of its predecessors, Arthur Young & Company. During his career, Mr. Jackson served as the audit partner for numerous public companies. He also serves as a director, and the chair of the audit committee, of two other public companies, Cyberonics, Inc. and Digi International Inc. Within the last five years, Mr. Jackson has also served on the board of directors, and chaired the audit committees, of EpiCept Corporation and Urologix, Inc. |
John Lloyd |
Mr. John K. Lloyd is an Independent Director of Life Time Fitness, Inc., since October 2009. Since 1997, Mr. Lloyd has been the president of Meridian Health, a New Jersey-based integrated health system which encompasses five hospitals and an network of non-hospital healthcare services. Prior to Meridian Health, Mr. Lloyd held executive leadership positions with Jersey Shore University Medical Center, Modern Health Affiliates, Inc. and Episcopal Hospital. He currently serves as chairman of the board of directors of QualCare Preferred Providers and QualCare Alliance Networks, Inc. Within the last five years, Mr. Lloyd has also served on the board of directors of Commerce Bancorp, Inc., which was subsequently acquired by T.D. Bank Group. As the president of Meridian Health, Mr. Lloyd has experience in the strategic development and operation of a network of health and wellness businesses within one corporate system. |
Martha Morfitt |
Ms. Martha A. Morfitt is an Independent Director of Life Time Fitness, Inc., since August 6, 2008. Ms. Morfitt is a principal of River Rock Partners, Inc., a business and cultural transformation consulting firm, a position she has held since 2008. Ms. Morfitt is the former chief executive officer of Airborne, Inc., a privately held manufacturer and marketer of dietary supplements. Ms. Morfitt held this position from October 2009 through April 2012. Prior to her service at Airborne, Inc., Ms. Morfitt was the president and chief executive officer of CNS, Inc., a manufacturer and marketer of consumer healthcare products. She held this position from 2001 through March 2007. From 1998 to 2001, she was chief operating officer of CNS, Inc. Ms. Morfitt left her position at CNS, Inc. effective March 2007 as a result of the acquisition of CNS, Inc. by GlaxoSmithKline plc in December 2006. Prior to 1998, Ms. Morfitt held an executive position at the Pillsbury Company. Ms. Morfitt is also a director of Graco Inc. and lululemon athletica inc. Within the last five years, Ms. Morfitt has also served on the board of directors of Solta Medical, Inc. |
John Richards |
Mr. John B. Richards is an Independent Director of Life Time Fitness, Inc., since October 24, 2006. Mr. Richards is currently a managing partner of the New England Consulting Group, a firm specializing in creative marketing and growth strategies for a wide range of branded consumer businesses. Mr. Richards also serves as an interim consulting executive to various retail companies. Previously, he served as the president and chief executive officer of Elizabeth Arden Red Door Spa Holdings from October 2001 until May 2006. Elizabeth Arden Red Door Spa Holdings is a developer and operator of prestige day and resort spas. Mr. Richards also served as President of North American Operations of Starbucks Coffee Company, and held senior leadership and management positions with Four Seasons Hotels, Inc., Royal Viking Line, McKinsey & Company and The Procter & Gamble Company. In his senior leadership roles at companies in the hospitality industry, Mr. Richards gained marketing and operating experience. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Bahram Akradi |
7,422,810 |
Michael Robinson |
1,847,820 |
Eric Buss |
1,492,860 |
Tami Kozikowski |
652,361 |
Jeffrey Zwiefel |
1,492,260 |
Joseph Vassalluzzo |
-- |
Giles Bateman |
-- |
Jack Eugster |
-- |
Guy Jackson |
-- |
John Lloyd |
-- |
Martha Morfitt |
-- |
John Richards |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Bahram Akradi |
517,500 | 8,926,950 |
Michael Robinson |
255,000 | 6,754,320 |
Eric Buss |
41,600 | 952,628 |
Tami Kozikowski |
0 | 0 |
Jeffrey Zwiefel |
2,000 | 61,311 |
Joseph Vassalluzzo |
0 | 0 |
Giles Bateman |
0 | 0 |
Jack Eugster |
0 | 0 |
Guy Jackson |
0 | 0 |
John Lloyd |
0 | 0 |
Martha Morfitt |
0 | 0 |
John Richards |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
AKRADI BAHRAM |
20,000 | $48.67 |
AKRADI BAHRAM |
92,000 | $48.72 |
AKRADI BAHRAM |
80,368 | $47.76 |
RICHARDS JOHN B |
2,125 | $47.39 |
RICHARDS JOHN B |
2,166 | $0.00 |
JACKSON GUY C |
2,166 | $0.00 |
VASSALLUZZO JOSEPH S |
2,707 | $0.00 |
BATEMAN GILES HIRST |
2,166 | $0.00 |
MORFITT MARTHA A M |
2,166 | $0.00 |
LLOYD JOHN K |
2,166 | $0.00 |
EUGSTER JACK W |
2,166 | $0.00 |
BUSS ERIC J |
36,252 | $41.80 |
BUSS ERIC J |
13,191 | $41.55 |
ROBINSON MICHAEL R |
16,487 | $41.55 |
ZWIEFEL JEFFREY G |
7,204 | $41.55 |
BUSS ERIC J |
16,668 | $41.90 |
ZWIEFEL JEFFREY G |
16,650 | $41.90 |
ROBINSON MICHAEL R |
21,698 | $41.90 |
ZWIEFEL JEFFREY G |
9,000 | $25.47 |
KOZIKOWSKI TAMARA A |
12,000 | $0.00 |
ROBINSON MICHAEL R |
25,000 | $0.00 |
HUGO JOHN M |
2,000 | $0.00 |
BUSS ERIC J |
20,000 | $0.00 |
ZWIEFEL JEFFREY G |
20,000 | $0.00 |
AKRADI BAHRAM |
100,000 | $0.00 |
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
