Technogym
Technogym
Technogym
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Mount Batten Group
c£65,000pa + pension + benefits
mount batten centre, plymouth
Exeter City Council
£40,221 - £42,403pa + pension + benefits
Exeter
University of Warwick
£29,605 - £32,982pa + pension + benefits
Coventry, West Midlands
Everyone Active
Competitive rates of pay
South Oxhey Leisure Centre, Watford
Harrow School
£13.71 per hour
Harrow, London

UPDATE: Self Esteem Brands and Orangetheory are seeking a CEO for their merged business

Self Esteem Brands and Orangetheory, which announced their intention to merge on 29 February, are looking for a new CEO of the combined business
The co-founder of Self Esteem Brands, Dave Mortensen and Chuck Runyon will transition to the board upon the new appointment, relinquishing their executive roles, while Long will remain in post as CEO of Orangetheory
The seven strong board will include the three founders and representatives of their shared finance house
The name of the new business has not yet been revealed
Job opportunities
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
location: Luton, United Kingdom
Mount Batten Group
c£65,000pa + pension + benefits
location: mount batten centre, plymouth, United Kingdom
University of Warwick
£29,605 - £32,982pa + pension + benefits
location: Coventry, West Midlands, United Kingdom
more jobs

This story was updated at 14.00GMT on 14 March 2024 and 16.00 GMT on 15 March 2024

Self Esteem Brands (SEB) and Orangetheory, which announced a ‘merger of equals’ on 29 February, have told HCM they've begun the search for a new CEO of the combined business – the name of which has yet to be revealed.

HCM understands that upon their appointment, the founders of SEB – Chuck Runyon and Dave Mortensen – will stand down from their executive positions and take up places on a seven-strong board of directors to work together to drive the growth of the new business.

A spokesperson for Orangetheory today (14 March 2024) told HCM the organisation structure of the new company is still being worked out and that Dave Long will serve in a dual role, continuing as CEO of Orangetheory, while also sitting on the board of the new company. It's not yet clear how Long will function in relation to the CEO of the new business.

This is a change from our original reporting on this story, which said that Long would also relinquish his executive role upon the appointment of the CEO of the newco. We now understand that this is not the case.

It has been confirmed that the seven-strong board of the new company will be composed of:

Chuck Runyon, co-founder and current CEO of Self Esteem Brands

Dave Mortensen, co-founder and current president of Self Esteem BrandsDave Long, co-founder and CEO of Orangetheory Fitness

David Hardy, Orangetheory Fitness partner and president, Franvest Capital PartnersKevin Hoffman, managing director, Roark Capital

Erik Morris, chief investment officer, Roark Capital

This is a change from our original reporting which said that the new CEO would sit on the board.

The various parts of the business will continue to function as normal while the merger takes place.

Speaking exclusively in the current edition of HCM, Long said Orangetheory can see demand for up to 10k locations globally for its concept, echoing the position of Dave Mortensen, who told HCM SEB had the same goal (10k locations) in an exclusive interview in 2023.

Although the merger is likely to have counted towards SEB’s target, it still seems the new company will have ambitious growth targets far in excess of 10k locations, with the potential of an IPO at some point in time, although there has been no mention of this yet from either business.

To read HCM’s interview with Dave Long, click here to sign up for a free digital subscription or visit HCMmag.com/archive.

Sign up for FREE ezines, news alerts & magazines
Related news

Orangetheory and Self Esteem Brands are to merge to form a $3.5 billion business

29 Feb 2024
Orangetheory and Self Esteem Brands have revealed plans to merge 'as equals' creating a new ...

Self Esteem Brands reports results, does deal with Apple Fitness and reveals plans to crank up international expansion

28 Feb 2024
Self Esteem Brands (SEB), owner of Anytime Fitness, has released year-end results which show year-on-year ...

Chuck Runyon refutes rumours Anytime Fitness is for sale

19 Jan 2024
Chuck Runyon, CEO of Self Esteem Brands (SEB), has told HCM that rumours the company ...
Self Esteem Brands (SEB) and Orangetheory, which announced a 'merger of equals' on 29 February, have begun the search for a new CEO of the combined business – the name of which has yet to be revealed.
PTS,HAF,FIT,IND,PTS,FRN,PHR
2024/THUMB352847_634182_170586.jpg

More News

1 - 15 of 67,875
19 Apr 2024
Norwegian health club operator, Treningshelse Holding, which owns the Aktiv365 and Family Sports Club fitness chains, has acquired fellow Norwegian operator, Aktiv Trening. The purchase ... More
19 Apr 2024
The HCM team were busy at the recent FIBO Global Fitness event in Cologne, Germany, distributing a special FIBO edition of HCM in support of ... More
18 Apr 2024
Atlanta-based boutique fitness software company, Xplor Mariana Tek, has kicked off a push for international expansion. Shannon Tracey, VP of sales and marketing, says the ... More
18 Apr 2024
The Global Wellness Institute (GWI) has released new data on the US’ wellness economy, valuing it at US$1.8 trillion. According to the organisation's recent report ... More
18 Apr 2024
The fitness sector’s pivot to active wellbeing is being discussed in a new weekly podcast, called The Conveners, and hosted by chair of GM Active ... More
19 Apr 2024
UK sauna enthusiasts will converge at Galgorm Resort in Northern Ireland next week for the highly anticipated second annual UK Aufguss Championships. Hosted from 22-24, ... More
17 Apr 2024
Remedy Place, a US-based social wellness club brand, is poised for steady expansion in the coming years, with plans to open two new clubs annually ... More
17 Apr 2024
Everyone Active has launched a golfing brand, Everyone Golf, after new contract wins made it the UK’s second-largest golf operator in the UK, with ten ... More
16 Apr 2024
Planet Fitness has a new CEO – Colleen Keating. She will take up the position on 10 June. The announcement follows a search which began ... More
16 Apr 2024
Swiss longevity brand Clinique La Prairie (CLP) has inked a deal with Montara Hospitality Group to operate a resort at Tri Vananda – a purpose-built ... More
16 Apr 2024
UK Active has announced details of its annual health and fitness industry awards ceremony, which will take place in Birmingham on the evening of Thursday ... More
16 Apr 2024
Social enterprise, Places Leisure, which is part of the Places for People Group, has appointed Belinda Steward as MD. Steward was previously MD at Derwent ... More
15 Apr 2024
Six Senses has announced the grand opening of its first-ever property and spa in the Caribbean, called Six Senses La Sagesse. With a picturesque beachfront ... More
15 Apr 2024
Basic-Fit has signed up to trial Wellhub across its recently expanded Spanish network, giving access to subscribers and enabling them to use all 152 of ... More
15 Apr 2024
Having redefined the model of public-private collaboration in Spain, Go Fit is now expanding into Italy and has ambitious plans to grow its estate, memberships ... More
1 - 15 of 67,875
Technogym
Technogym