Nautilus, Inc. Appoints New Chief People Officer
March 09 2021 - 9:00AM
Business Wire
Veteran HR executive with tech experience joins
executive leadership team
Nautilus, Inc. (NYSE: NLS) today announced that it has hired
Ellen Raim as Chief People Officer, effective March 2. In this new
role, Raim will lead all aspects of Nautilus’ global human
resources, including crafting talent acquisition strategies to
build strong pipelines for future hiring needs, promoting inclusion
in the workplace, and designing and evaluating career paths to meet
the company’s business goals.
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Ellen Raim, Chief People Officer of
Nautilus, Inc. (Photo: Business Wire)
Raim brings nearly 30 years of experience, including a deep
knowledge of how to link business needs with people and culture,
particularly in the tech industry, which includes 10-years at Intel
Corporation.
Most recently, Raim was vice president, people and culture for
SaaS start-up Invoca, where she built the people systems needed to
enhance and protect the culture as the company scaled.
Prior to that, she held vice president of human resources roles
at several global technology companies, including ESI and Cascade
Microtech. In these roles, she was able to concentrate on
integrating business strategy, large-scale change management, and
organizational development.
“Ellen is the right leader to help us continue to build an
engaged, inclusive, and high-performing culture, which is vital for
our business to thrive in 2021 and beyond,” said Jim Barr,
Nautilus, Inc. Chief Executive Officer. “We are confident that her
ability to enhance a culture that aligns with the business strategy
will be a strong addition to the executive leadership team, and
will continue to position Nautilus as an employer of choice. Ellen
brings deep experience crafting impactful strategies to attract and
retain the best talent, and her technology background is
particularly relevant, as we evolve and grow our digital
focus.”
Ms. Raim commented, “Nautilus attracted me with its unique
culture, which has been recognized as one of the top places to work
eight years in a row. This demonstrates the value Nautilus places
on their culture and people, and the understanding that aligning
the two is critical to achieving the company’s North Star
transformation and growth. I’m excited to join and contribute to
this mission, as well as have the opportunity to bridge my tech
background with my personal passion for fitness.”
About Nautilus, Inc.
Nautilus, Inc. (NYSE:NLS) is the global leader in innovative
home fitness solutions. The company’s diverse brand portfolio
includes Bowflex®, Nautilus®, Schwinn®, and a broad selection of
exercise bikes, cardio equipment, strength training products, as
well as the JRNY® digital fitness platform. Nautilus, Inc. empowers
healthier living through individualized connected fitness
experiences. The company sells its products through direct and
retail channels. Nautilus, Inc. uses the investor relations page of
its website (www.nautilusinc.com/investors) to make information
available to its investors and the market.
This press release includes forward-looking statements
(statements which are not historical facts) within the meaning of
the Private Securities Litigation Reform Act of 1995, including:
planned investments and initiatives and the anticipated results of
such initiatives. Factors that could cause Nautilus, Inc.’s actual
results to differ materially from these forward-looking statements
include: weaker than expected demand for new or existing products;
our ability to timely acquire inventory that meets our quality
control standards from sole source foreign manufacturers at
acceptable costs; an inability to pass along or otherwise mitigate
the impact of raw material price increases and other cost
pressures, including unfavorable currency exchange rates;
experiencing delays and/or greater than anticipated costs in
connection with launch of new products, entry into new markets, or
strategic initiatives; our ability to hire, retain and integrate
key management personnel, including our new Senior Vice President
and Chief Digital Officer; changes in consumer fitness trends;
changes in the media consumption habits of our target consumers or
the effectiveness of our media advertising; a decline in consumer
spending due to unfavorable economic conditions; and softness in
the retail marketplace. Additional assumptions, risks and
uncertainties are described in detail in our registration
statements, reports and other filings with the Securities and
Exchange Commission, including the “Risk Factors” set forth in our
Annual Report on Form 10-K, as supplemented by our quarterly
reports on Form 10-Q. Such filings are available on our website or
at www.sec.gov. You are cautioned that such statements are not
guarantees of future performance and that our actual results may
differ materially from those set forth in the forward-looking
statements. We undertake no obligation to publicly update or revise
forward-looking statements to reflect subsequent developments,
events or circumstances.
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version on businesswire.com: https://www.businesswire.com/news/home/20210309005077/en/
Media Contacts: John Fread Nautilus, Inc. 360-859-5815
jfread@nautilus.com
Carey Kerns The Hoffman Agency 503-754-7975
ckerns@hoffman.com
Investor Relations: John Mills ICR, LLC 646-277-1254
john.mills@ICRinc.com
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