Life Time Group CFO Robert Houghton to resign Dec 31; Erik Weaver appointed interim CFO effective Jan 1, 2024

Life Time Group Holdings, Inc.

CFO Robert Houghton resigns Dec 31, 2023, last day Jan 5, 2024; cited as mutual decision.
Erik Weaver, SVP & Controller since 2004, named interim CFO effective Jan 1, 2024.
Houghton receives $505,000 lump sum, health coverage through June 2025, club membership through Dec 2024.
Houghton to vest in 13,076 stock options and 7,238 RSUs in March 2024 subject to performance conditions.
Separation agreement includes confidentiality, non-compete, non-solicitation, and non-disparagement covenants.

item 5.02 item 9.01

Executive movements

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Departed (interim)

Robert Houghton

Chief Financial Officer

LTH · Life Time Group Holdings, Inc.

Effective: 2023-12-31
Successor: Erik Weaver
Filed: December 26, 2023, 6:59 PM ET

On December 22, 2023, Life Time Group Holdings, Inc. (the “Company”) agreed with Robert Houghton, the Company’s Executive Vice President and Chief Financial Officer, that Mr. Houghton will resign from his position as Chief Financial Officer effective as of December 31, 2023 and will cease his service to the Company effective January 5, 2024.

Appointed (interim)

Erik Weaver

interim Chief Financial Officer

LTH · Life Time Group Holdings, Inc.

Effective: 2024-01-01
Filed: December 26, 2023, 6:59 PM ET

The Company has appointed Erik Weaver, the Company’s Senior Vice President and Controller, to the additional position of interim Chief Financial Officer effective January 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Houghton resigned as Chief Financial Officer at Life Time Group Holdings, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On December 22, 2023, Life Time Group Holdings, Inc. (the “Company”) agreed with Robert Houghton, the Company’s Executive Vice President and Chief Financial Officer, that Mr. Houghton will resign from his position as Chief Financial Officer effective as of December 31, 2023 and will cease his service to the Company effective January 5, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Erik Weaver was appointed as interim Chief Financial Officer at Life Time Group Holdings, Inc..

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

The Company has appointed Erik Weaver, the Company’s Senior Vice President and Controller, to the additional position of interim Chief Financial Officer effective January 1, 2024.

View on SEC.gov

Life Time Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001869198-23-000069

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