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Life Time Appoints Donna Coallier to Board of Directors

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Life Time Group Holdings (NYSE: LTH) announced Donna Coallier's appointment to its Board of Directors, effective July 1, 2022. Coallier, with extensive experience in finance and strategy, previously served as a partner at PwC and has held significant roles in various organizations. She will also join the Audit Committee starting August 15, 2022. Founder and CEO Bahram Akradi expressed enthusiasm about her expertise, which is expected to enhance the board's effectiveness as the company aims to provide top-tier healthy lifestyle experiences across its athletic country clubs.

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  • Donna Coallier appointed to Board of Directors, bringing significant finance and strategy expertise.
  • Her experience with PwC and governmental roles adds strong credibility to the board.
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CHANHASSEN, Minn., June 29, 2022 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced that Donna Coallier has been appointed to serve on its Board of Directors effective July 1, 2022. Additionally, Ms. Coallier will serve on the Company's Audit Committee beginning August 15, 2022.

To this position, Ms. Coallier brings significant experience in finance, accounting and strategy having served as a partner at PricewaterhouseCoopers ("PwC"), a multinational professional services and accounting firm, from 1998 to 2017. While with PwC, Ms. Coallier was as an accounting consultant and lead assurance partner for clients. She also oversaw several business units, functions and special project teams, most recently leading the Retail and Consumer Products sector for the Global Capital Allocation Services and Valuation practices. Since 2019, Ms. Coallier has served as Trustee and Board of Health President for the Township of South Orange Village, New Jersey, and lead Trustee for the Township's Community Care & Justice program, which engages community members in designing and traveling their own wellness journeys, since its inception in 2020. Prior to PwC, Ms. Coallier held roles at the Securities and Exchange Commission, Coopers & Lybrand, and Grant Thornton.

Commenting on Ms. Coallier's appointment, Life Time Founder, Chairman and Chief Executive Officer, Bahram Akradi, said, "Donna's finance and accounting expertise, paired with her extensive experience in advising companies, makes her a highly-qualified addition to our Board and Audit Committee. I'm very excited to have her join our Board and lend her expertise as we continue to deliver the best healthy way of life destinations, programs and experiences to our members."

With the addition of Ms. Coallier, Life Time's Board will have 12 members.

About Life Time®

Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its portfolio of nearly 160 athletic country clubs across the United States and Canada. The Company's healthy way of life communities address all aspects of healthy living, healthy aging and healthy entertainment for those 90 days to 90+ years with integrity and respect for everyone. With a team of more than 30,000, Life Time is committed to providing the best programs and experiences through its athletic country clubs, iconic athletic events and via a complementary and comprehensive digital platform.

 

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SOURCE Life Time Group Holdings, Inc.

FAQ

What is the significance of Donna Coallier's appointment to Life Time's Board of Directors?

Donna Coallier's appointment is significant as she brings extensive finance and strategy expertise gained from her previous roles, particularly at PwC, enhancing Life Time's governance.

When does Donna Coallier officially start her role on the Audit Committee at Life Time?

Donna Coallier will begin her role on Life Time's Audit Committee on August 15, 2022.

How many members are on Life Time's Board of Directors after Donna Coallier's appointment?

With the addition of Donna Coallier, Life Time's Board will have 12 members.

What experience does Donna Coallier bring to Life Time's Board?

Donna Coallier brings significant experience in finance, accounting, and strategy, having served as a partner at PwC and held various leadership roles.

What is Life Time's business focus?

Life Time focuses on empowering individuals to live healthy, happy lives through its network of athletic country clubs and comprehensive wellness programs.

Life Time Group Holdings, Inc.

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