Life Fitness, the global leader in commercial fitness equipment, announced that Marie Graul has joined the Company as its chief financial officer, reporting to Jaime Irick, President – Life Fitness.
“The addition of Marie is yet another important step as we ready Life Fitness to be a stand-alone, publicly-traded company after our spin-off from Brunswick Corporation,” Irick said. “We are thrilled to welcome Marie, a skilled finance executive with significant leadership experience across multiple industries, including multiple public and private company CFO roles. Marie has a strong track record of delivering results and driving efficient operations and business development growth, and we are confident she further strengthens the Life Fitness team as we prepare for our next phase of growth.”
In addition to overseeing the accounting, credit, commercial and operational finance, and FP&A functions, Marie will also oversee treasury, tax, audit, investor relations and SEC reporting, which are all disciplines currently provided by Brunswick that Life Fitness will require as a stand-alone company post-spin.
“We have been quickly and intently focusing on a number of initiatives as part of this preparation, including assembling a strong senior executive team to foster and guide our transformation,” Irick added. “For example, we recently added new senior leadership in marketing, customer experience and service, and operations. As part of the executive team, Marie will join with her colleagues to help mold the strategic direction of Life Fitness as well as ensure that we deliver on our commitments to fulfill our potential.”
Most recently, Graul was CFO at the MXD Group, a logistics and supply chain provider, and before that assignment had served as the chief financial officer of Enesco Group Inc., a global specialty retailer of collectibles. Earlier in her career, she was the vice president of Smartsignal Corp., as well as chief financial officer and treasurer of Patron Systems Inc., both software development companies. She also has served as senior vice president and chief financial officer of NTE, Inc., a leading electronic components supplier, and chief financial officer and Treasurer for Schwak, Inc., an international imaging technology company; and vice president and investment analyst of J&W Seligman & Co., an investment bank.
Graul started her career at the U.S. Securities and Exchange Commission, where she was a financial analyst and presidential fellow.
Graul also is a member of the board of directors of Pelican Products, a California-based maker of portable lighting systems, and temperature-controlled packaging and protective cases, where she chairs the board’s audit committee. She earned an MBA from the University of Oklahoma and a Bachelor of Arts from Michigan State University.
