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NEWS
Fritz Lanman appointed CEO at Mindbody
POSTED 02 Aug 2022 . BY Frances Marcellin
Fritz Lanman (pictured) will take over from Josh McCarter as Mindbody’s CEO on 3 September 2022 Credit: Mindbody

Credit: 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
Fritz Lanman will take over from Josh McCarter as Mindbody’s CEO on 3 September 2022
McCarter will transition to Mindbody’s board of directors
Mindbody acquired fitness membership platform ClassPass last October with Lanman as incumbent CEO
Since then Lanman has been president of ClassPass and Mindbody Marketplace
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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NEWS
Fritz Lanman appointed CEO at Mindbody
POSTED 02 Aug 2022 . BY Frances Marcellin
Fritz Lanman (pictured) will take over from Josh McCarter as Mindbody’s CEO on 3 September 2022 Credit: Mindbody
Credit: 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
Fritz Lanman will take over from Josh McCarter as Mindbody’s CEO on 3 September 2022
McCarter will transition to Mindbody’s board of directors
Mindbody acquired fitness membership platform ClassPass last October with Lanman as incumbent CEO
Since then Lanman has been president of ClassPass and Mindbody Marketplace
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.
RELATED STORIES
New report identifies five growth areas, including the metaverse and personalisation


Mindbody and Class Pass have released their 2022 Mid-Year Wellness Trends Report which reveals their predictions following two years of pandemic upheaval.
F45 targets military veterans as franchisees and launches $300m loan financing deal with Fortress


F45 is collaborating with investment group Fortress to provide new and existing franchisees with loan financing. The facility is funded with an initial tranche of US$150m but demand could push the envelope to US$300m.
Mindbody unveils Mindbody Capital to help power wellness industry's recovery


Industry tech business Mindbody has launched Mindbody Capital, an offering designed to provide wellness businesses with easy access to funding.
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Open water swimming venue launched in London's Canary Wharf
A new open water swimming venue will has been launched in the heart of Canary Wharf, London, UK – one of Europe's most prestigious office and commercial districts.
Record-breaking 140 countries to celebrate World Wellness Weekend 2022
This year’s World Wellness Weekend (WWW) will be the largest to date, reaching over 140 countries and involving over 4,000 venues, including spas, gyms and a range of other wellness, tourism and hospitality destinations.
Voya releases Cancer Wellness Training for spa therapists
Irish marine spa and skincare brand Voya is offering a new Cancer Wellness Training Programme as part of its in-house spa Training Academy offering.
Remembering Olivia Newton-John – a champion of wellness
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Book4Time teams up with Gantner to offer spas access control solutions
Book4Time has recently announced a new partnership with hardware-based, access control company Gantner. [more...]
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Book4Time Inc.

Founded in 2004, Book4Time is a global leader in spa, wellness and leisure activity management solut [more...]
+ More profiles  
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+ More catalogues  

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About us | J Grabner GmbH
More than 30 employees have one thing in common with the company founder Josef Grabner: Their enthusiasm for nature in all its individual facets Find out more...
+ More videos  

DIRECTORY
+ More directory  
DIARY

 

12-13 Sep 2022

2022 Salt Therapy Association Conference

Wyndham Lake Buena Vista Disney Springs® Resort, Lake Buena Vista, United States
12-14 Sep 2022

Spa Life Ireland

Galgorm Spa & Golf Resort , Ballymena, Ireland
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2022

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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