Mindbody publicizes government management modifications; positions Mindbody to energy a brand new period of wellness

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FOR IMMEDIATE RELEASE

Mindbody publicizes government management modifications; positions Mindbody to energy a brand new period of wellness

Fritz Lanman named CEO; Josh McCarter to transition from CEO to the Mindbody Board of Administrators

SAN LUIS OBISPO, Calif., August 2, 2022 —Mindbody, the main expertise know-how platform for the wellness trade, at the moment introduced the appointment of Fritz Lanman as its new Chief Government Officer, efficient September 3, 2022. Lanman, a seasoned wellness and know-how government who has a confirmed observe report of development and innovation will succeed Josh McCarter, who will transition to the Mindbody Board of Administrators.

“It has been an honor main Mindbody by means of the pandemic and bringing collectively the 2 main wellness companies, Mindbody and ClassPass, with our acquisition of ClassPass final October,” mentioned Josh McCarter. “It’s the proper time to move the baton to Fritz who will lead Mindbody by means of this subsequent chapter. Fritz’s tech and entrepreneurial background and his CEO expertise make him the proper match to guide Mindbody and ClassPass.”

Lanman, at the moment serving as President of ClassPass and Mindbody Market, was CEO of ClassPass pre-acquisition. He has been concerned with ClassPass since 2013 the place he led each the Seed and Sequence A funding rounds. Lanman, a Yale graduate, began his profession at Microsoft the place he held numerous product administration and company technique roles and labored on a number of notable offers, together with Microsoft’s multi-million-dollar funding in Fb. Fritz has a ardour for beginning, constructing and investing in nice corporations, particularly these with deep know-how, and is co-inventor on a number of know-how patents.

“I’m excited to construct on the robust basis the corporate has constructed over time and convey new approaches to assist speed up our development and ship larger worth for wellness enterprise house owners and wellness fanatics alike. There’s super alternative within the wellness trade proper now, and Mindbody is poised to capitalize on market modifications and challenges,” mentioned Lanman.

Mindbody’s software program powers tens of hundreds of wellness companies all over the world, and ClassPass, a month-to-month subscription service, gives entry to the world’s most in depth community of health and wellness experiences. The corporate is in a singular place to speed up the wellness trade’s restoration from the impacts of the pandemic by offering studios with best-in-class instruments to assist them develop and thrive, whereas additionally driving extra shoppers to their companies.

The outlook for the wellness trade is powerful. Current firm knowledge exhibits that client bookings per studio are reaching pre-pandemic ranges, and the ClassPass platform has seen customers reserving in-person courses at 10% larger charges than earlier than the pandemic. Current analysis exhibits that 96% of individuals report that they anticipate their train routine staying the identical or growing over the following 6 months and that 77% of shoppers are attending the identical or extra in-person health courses in 2022 in comparison with pre-pandemic.

About Mindbody

Mindbody is the main expertise know-how platform for the health, wellness, and sweetness industries. With the addition of ClassPass, the main world health and wellness membership, to the Mindbody portfolio, shoppers and wellness companies all over the world are simply related by means of a wealthy wellness neighborhood. Health studios, salons, spas, and integrative well being facilities—from the latest entrepreneurs to the most important franchises—use Mindbody’s built-in software program and funds platform to run, market, and develop their companies. Customers use Mindbody and ClassPass to select from a broad vary of wellness experiences throughout hundreds of gyms, train studios and wellness suppliers across the globe. For extra data on how Mindbody helps folks lead more healthy, happier lives by connecting the world to wellness, go to mindbodyonline.com.

Mindbody Media Contact:

Tracy Richmond

press@mindbodyonline.com

805-440-3003



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