Franklin Park, Ailing., November 16, 2021 /PRNewswire/ — Life Health is happy to announce the appointment of a world chief in skilled health and residential leisure tools. Paul Stoneham as Chief Govt Officer, with speedy impact.

Mr. Stoneham is a seasoned CEO with a exceptional observe document of constructing robust shopper manufacturers, high-performance organizations and firms that ship industry-leading development by means of model funding, product design and innovation.

As Chief Govt, Mr. Stoneham has led three world shopper companies and achieved profitable exits by delivering market-leading development throughout a wide range of industries: most just lately and for the previous six years, Haley Hansen AS, a tech outdoors firm , GHD Group Holdings in skilled haircare and Boots Healthcare Worldwide in shopper well being care. He started his profession in shopper merchandise at Procter & Gamble, and was President of International Enterprise Improvement at Colgate-Palmolive, a frontrunner in world classes. They . MBA from Harvard Collegeand BA in Sociology College of Western Ontario In Canada,

“The health sector is present process fast transformation, pushed by technological innovation and shifting shopper expectations, all behind an unprecedented interval of disruption,” stated Mr. Stoneham. “As a world health chief, Life Health has the model power, crew and infrastructure to drive innovation and ship a novel expertise to everybody from skilled athletes to new fitness center customers. I prefer to Excited to affix an skilled crew and look ahead to rising Life Health’ deep model heritage and popularity.”

Firm thanks departing CEO Chris Clausen I want him all one of the best for his years of service at Life Health and in his future endeavours.

about life health

Life Health is a world chief in skilled health and residential leisure tools. The corporate manufactures and sells its power and cardiovascular tools, billiard tables and equipment, and sport room furnishings by means of its prestigious household of manufacturers together with Life Health, Hammer Energy, Cybex, ICG®, SCIFIT and Brunswick Billiards. Its tools is distributed globally to greater than 250,000 health services in over 160 international locations. Life Health’s headquarters is close to ChicagoIn Franklin Park, Illinois, Life Health is the portfolio firm of KPS. For extra details about the Life Health household of manufacturers, go to http://www.lifefitness.com.

KPS Capital Companions, LP . about

KPS Capital Companions, LP (“KPS”), by means of its affiliated administration entities, is the supervisor of the KPS Particular Conditions Funds, a household of roughly funding funds. $13.5 billion of property below administration (as June 30, 2021) For practically three many years, KPS companions have been in a position to understand vital capital appreciation by controlling fairness investments in manufacturing and industrial firms in all kinds of industries together with fundamental supplies, branded shopper, well being care and luxurious merchandise, automotive components, capital particularly labored for. Gear and common manufacturing. KPS creates worth for its buyers by working creatively with gifted administration groups to enhance companies, and structurally within the strategic place, competitiveness and profitability of its portfolio firms, relatively than relying totally on monetary leverage. Generates funding returns by enhancing The portfolio firms of KPS Funds at present generate a complete annual income of approx. $14.4 billionoperates 164 manufacturing services in 26 international locations, and has roughly 41,000 staff, each instantly and thru joint ventures worldwide (as June 30, 2021, professional forma for current acquisitions and exits). KPS funding technique and portfolio firms are described intimately at www.kpsfund.com.

media Contact:
Edelman for Life Health
ainsley shekali
I: [email protected]
T: +1 239 293 3085

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