Nespresso Professional UK
Nespresso Professional UK
Nespresso Professional UK
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
star job
Redbridge Sports & Leisure
on request
Barkingside, Essex
City of London Corporation
£35,663 - £39,805pa + Local Govt Pension + benefits
Epping Forest, London
Brio Leisure
£35,745pa + excellent benefits
Chester and Frodsham
University of Leeds
£37,099 - £44,263pa + generous pension + benefits
Leeds
Swansea Council
£53,653 – £58,089pa
Swansea

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
Brio Leisure
£35,745pa + excellent benefits
location: Chester and Frodsham, 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 67,974
16 Jun 2024
Virtual reality creators Excurio has teamed up with experts from The Muséum National d'Histoire Naturelle to create Life Chronicles London, a free-roaming VR experience. Visitors ... More
15 Jun 2024
More than 200 organisations and athletes in the UK have signed an open letter to party leaders to commit to making the nation the most ... More
14 Jun 2024
Diversity, equity and inclusion in the European fitness industry is examined in a new report which provides eye-opening findings and a starting point for change. ... More
14 Jun 2024
Hotels incorporating wellness amenities experienced a significant boost in Total Revenue per Available Room (TRevPAR) in 2023, according to the latest Wellness Real Estate Report ... More
14 Jun 2024
The Park Playground, has opened its first Immersive VR franchise in Porto, Portugal. The Porto venue is the company’s fifth European location and includes a ... More
13 Jun 2024
Following the release of season three Of Bridgerton, a study reveals its ten most Instagrammable filming locations. The study, conducted by QR code Generator, analysed ... More
13 Jun 2024
The 2024 G7 Summit is now underway at a destination spa resort in Puglia, Italy, with leaders from Canada, France, Germany, Italy, Japan, the UK ... More
13 Jun 2024
Following the success of its first site in Whitefield, Total Fitness is launching a purpose-built Women’s Gym in Wilmslow. The concept has been trialled using ... More
13 Jun 2024
Minor Hotels CEO Dillip Rajakarier has unveiled plans to introduce an innovative medi-wellness concept to the group's Anantara Hotels, Resorts and Spas brand, with ambitions ... More
12 Jun 2024
David Beckham and F45 Training have finally settled the breach-of-contract lawsuit around Beckham’s ambassadorial agreement with the boutique fitness franchisor. Beckham became an ambassador for ... More
12 Jun 2024
Apple has previewed the upcoming watchOS 11, which has more health and fitness insights and offers more personalisation than ever before. David Clark, Apple’s senior ... More
10 Jun 2024
With just a few weeks until the General Election, CIMSPA – the organisation that represents people working in the health and fitness and physical activity and ... More
10 Jun 2024
Global Wellness Day (GWD) marked its 13th anniversary on Saturday, 8 June and was reportedly celebrated by a record-breaking 1 billion people worldwide, making it ... More
07 Jun 2024
Wellness industry figure Deepak Chopra is co-developing a new wellness community and resort focused on wellbeing and longevity in Utah’s Heber Valley, centred around natural ... More
07 Jun 2024
Co-founders of specialist gym and fitness wear company, WIT Fitness, have returned to the brand to lead the business in partnership with Frasers Group. Retail ... More
1 - 15 of 67,974
Nespresso Professional UK
Nespresso Professional UK