VANCOUVER, Wash.– Nautilus, Inc. (NYSE:NLS), a leader in personalized, connected home fitness, today announced that current board member Anne Saunders has assumed the role of board chair, effective August 2.
Ms. Saunders’ appointment to the role was confirmed by the Nautilus board after the Annual Shareholders meeting last Tuesday. M. Carl Johnson, III previously held the role since 2011 and announced his retirement earlier this year.
In her decade of service to the Nautilus board, Saunders has acted as Chair of the Nominating and Corporate Governance Committee, and as a member of the Audit and Compensation Committees.
“I am thrilled to take on this new role, particularly during a time of transformation for Nautilus. Our focused strategy and the uniqueness of JRNY, our personalized training app, drive my confidence that we will lead in the connected fitness space,” Saunders said. “I am honored to collaborate with the stellar Nautilus team and talented, passionate board that is in place.”
An accomplished business leader with a track record of accelerating revenue growth through innovation, Saunders currently holds a variety of non-executive director roles at WD-40 and Swiss Water Decaffeinated Coffee, Inc., in addition to her role at Nautilus. She previously served in executive leadership roles leading various consumer goods and digital subscription companies, including NakedWines.com, FTD, a global floral and gifting company, Redbox, and Starbucks. Ms. Saunders holds a B.A from Northwestern University and an M.B.A from Fordham University.
“Anne continues to bring to the board an unmatched passion for business growth and a deeply-rooted understanding of the consumer marketplace that has helped propel us forward in our digital transformation,” said Jim Barr, CEO of Nautilus, Inc. “Guided by our mission, the strength of our Bowflex and Schwinn brands, our JRNY digital fitness platform, and consumer insights-driven product development, we are poised to meet the needs of today’s consumers as their fitness habits continue to evolve.”
