Tivity Health Names Adam C. Holland Chief Financial Officer
May 25 2017 - 1:30PM
Tivity Health, Inc. (NASDAQ:TVTY) announced today that Adam C.
Holland has been named Chief Financial Officer, effective June 15,
2017. Mr. Holland will succeed current Interim Chief Financial
Officer Glenn Hargreaves, who was named to the interim role in
November 2016 and who will resume his responsibilities as the
Company’s Chief Accounting Officer.
Mr. Holland joins Tivity Health after serving in
a variety of executive financial roles throughout his 16-year
career. Most recently, he served as CFO since 2015 of
Kirkland’s, Inc. (NASDAQ:KIRK), a leading retailer of home décor
and gifts. During his 12-year tenure at Kirkland’s, Mr. Holland
held a variety of financial leadership roles. His responsibilities
included corporate financial planning and analysis, forecasting and
budgeting, as well as external reporting, tax, treasury, risk
management and audit. In addition, Mr. Holland was responsible for
strategic planning, including the 2010 launch of Kirkland’s
e-commerce business.
“We are excited to welcome Adam to our
leadership team. His deep consumer-driven experience and his
strategic mindset will bring a very important perspective as we
deploy our A-B-C-D strategy and its focus on creating and
sustaining great member experiences. Adam’s experience as a public
company CFO and his meaningful expertise in all aspects of
financial leadership will be vital as we continue to execute our
strategy to grow profitably and deliver value to customers and
shareholders by increasing member engagement in markets with
compelling long-term growth dynamics,” said Donato Tramuto, Chief
Executive Officer of Tivity Health.
“We are deeply grateful to Glenn Hargreaves for
stepping in as Interim CFO over the last six months. We recognize
the commitment and tremendous work required of him, and we thank
him for this effort, as well as his more than 12 years of service
to Tivity Health. Glenn will continue as our CAO, a role he has
held for the last five years, and I am confident that his diverse
financial skills and experience will contribute further to our
ongoing growth,” Mr. Tramuto continued.
Mr. Holland commented, “I have admired the
transformation of Tivity Health under Donato’s leadership. As
consumerism comes to the forefront at this unprecedented time in
the healthcare industry, I am excited to join such an innovative
and dynamic market-leading company.”
Mr. Holland holds a B.S. degree in Business
Administration and a Masters in Accountancy, both from the
University of Tennessee at Martin. He also spent three years
earlier in his career as a Senior Auditor with Ernst & Young
LLP. He will be based in Franklin, Tennessee.
About Tivity Health
Tivity Health, Inc. is a leading provider of
fitness and health improvement programs, with strong capabilities
in developing and managing network solutions. Through its existing
three networks, SilverSneakers® - the nation’s leading fitness
program for older adults, Prime® Fitness and WholeHealth Living™,
Tivity Health is focused on targeted population health for those 50
and over. With more than 14.5 million Americans eligible for
SilverSneakers, over 10,000 fitness centers in the Prime Fitness
Network, and more than 25 years of clinical and operational
expertise in managing specialty health benefits and networks,
including chiropractic services, physical therapy, occupational
therapy, speech therapy, acupuncture, massage and complementary and
alternative medicine (CAM) services, the Company touches millions
of consumers across the country and works directly with hundreds of
healthcare practitioners and many of the nation’s largest payers
and employers. Learn more at tivityhealth.com.
Investor Relations Contact:
Chip Wochomurka
(615) 614-4493
chip.wochomurka@tivityhealth.com
Media Contact:
Jill Meyer
(615) 614-4023
Jill.Meyer@tivityhealth.com
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