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Life Time Names Erik Weaver Chief Financial Officer

Posted: August 1, 2024 in Chains

Life Time  - The Healthy Way Of Life CompanyLife Time – The Healthy Way Of Life Company

CHANHASSEN, MN – Life Time Group Holdings, Inc. (“Life Time,” “we,” “our,” or the “Company”) (NYSE: LTH) announces that Erik Weaver has been appointed Executive Vice President & Chief Financial Officer effective August 1, 2024. Mr. Weaver had served as the Company’s Interim Chief Financial Officer since January 1, 2024.

Mr. Weaver joined the Company in 2004 and has served in increasing roles of responsibility, including as the Company’s Assistant Controller from 2016 to 2018, as Vice President and Controller from 2018 to April 2022 and as Senior Vice President and Controller, as well as principal accounting officer, since April 2022. As Senior Vice President and Controller, he was responsible for the Company’s accounting, financial reporting and tax functions. His financial leadership has played an important role in positioning the Company for growth. Mr. Weaver holds a Master of Business Administration from Hamline University and earned a B.S. degree in accounting from St. Cloud State University.

Commenting on Weaver’s appointment, Life Time Founder, Chairman and Chief Executive Officer, Bahram Akradi, said, “I’m pleased to announce Erik as our Chief Financial Officer. He has served the Company well for more than two decades and has excelled most recently while serving as both our Chief Accounting Officer and as our interim Chief Financial Officer. After a thorough search process, our Board of Directors and I unanimously agreed that Erik is the best candidate for this position and our Company. I look forward to his continued financial leadership as part of our executive team.”

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