Life Time Group (LTH) CFO Retirement 'Surprising and Unfortunate' - Guggenheim

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Go back to Life Time Group (LTH) CFO Retirement 'Surprising and Unfortunate' - Guggenheim

Life Time President and CFO, Tom Bergmann, to Retire from Company on December 31, 2022; Company Also Named Robert Houghton Executive Vice President and CFO Effective August 28, 2022; Bergmann to Remai

August 29, 2022 6:45 AM EDT

CHANHASSEN, Minn., Aug. 29, 2022 /PRNewswire/ -- Life Time® Group Holdings, Inc. ("Life Time," "we," "our," or the "Company") (NYSE: LTH) today announced that President and Chief Financial Officer, Thomas (Tom) Bergmann, has decided to retire from the Company on December 31, 2022. In conjunction with Bergmann's retirement, the Company also announced that Robert (Bob) Houghton has been named Executive Vice President and Chief Financial Officer effective August 28, 2022. Bergmann relinquished his Chief Financial Officer role concurrent with Houghton's election and will remain President to support the transition through the end of 2022.

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