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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 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.
If you would like to get each issue of Spa Business and Spa Business insider magazines sent direct to you for FREE, plus the weekly Spa Business and Spa Business insider ezines, sign up now!
PRODUCT NEWS
Good Pharma develops plant-based beverages to optimise benefits of spa visits
Good Pharma has expanded its plant-based wellbeing-centric beverage selection with a new No Worries, Botanical, Mushroom & Jujube Seed Infusion Tea.
Valmont unveils V-FIRM range and spa ritual to restore skin’s firmness
Swiss spa and beauty brand Valmont has introduced the V-FIRM skincare collection and an all- new spa treatment.
Phytomer revamps Expert Youth Cream with all-new formula, packaging and fragrance
Expert Youth Wrinkle-Plumping Cream is the latest innovation to be unveiled by marine skincare and spa brand Phytomer.
Veronique Gabai taps neuroscientific research to create mood-enhancing Aroma collection
Veronique Gabai has launched the Aroma luxury perfume therapy collection to improve wellbeing.
Devin Consulting promotes Colin Dougall to managing director
Devin Consulting, one of the UK’s largest independent pool and spa engineering consultancies, has appointed Colin Dougall as managing director.
Daniel Thwaites and Temple Spa strike up new partnership
UK hotel collection Daniel Thwaites has refreshed spa menus at select properties thanks to a new partnership with Temple Spa.
Essence nose rings make aromatherapy available anytime, anywhere, says Michael DeLeeuw
Essence has introduced a nasal diffuser product to the spa, hospitality and healthcare markets designed to enhance wellbeing in a variety of settings.
Therabody introduces its first facial health device, the TheraFace PRO
Percussive therapy tech company Therabody has introduced the TheraFace PRO to offer the ‘ultimate portable facial health device’ for professional use in spas and by consumers at home.
G.M.Collin develops Nutritive Cream to quench dry skin
Canada-based global spa and skincare brand G.M.Collin has created a new solution to meet the needs of the driest skin types.
Clarins conducts major rebrand of myBlend range and plans to open dedicated myBlend spa in Paris
Clarins has rebooted its personalised skincare range – called myBlend – with new products, spa treatments and technology, after it launched in its first guise in 2007.
Gharieni launches RLX Aurasens Experience Lounger to engage the senses
The RLX Aurasens Experience Lounger is the latest launch from spa and wellness equipment supplier Gharieni Group.
Seed To Skin launches Fermen’tonic to balance skin microbiota
Ethnobotanical skincare and spa brand Seed To Skin has unveiled Fermen’tonic; a new multipurpose fermented toner.
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Zenoti

After experiencing the difficulties in running spas, salons and fitness centers without a software s [more...]
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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...
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DIARY

 

12-13 Sep 2022

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Wyndham Lake Buena Vista Disney Springs® Resort, Lake Buena Vista, United States
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Galgorm Spa & Golf Resort , Ballymena, Ireland
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©Cybertrek 2022

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