Bahram Akradi is the Founder and CEO of Life Time Group Holdings, a nationwide health and fitness company. He holds a Bachelor's degree in Business Administration from the University of Minnesota, a solid educational background for running a major business....
Bahram Akradi is the Founder and CEO of Life Time Group Holdings, a nationwide health and fitness company. He holds a Bachelor's degree in Business Administration from the University of Minnesota, a solid educational background for running a major business. Born in 1967, he has spent years building Life Time into one of the leading fitness brands. Under his leadership, the company went public in 2021, a significant achievement that marked a new chapter in its history. Akradi believes in performance-based compensation for his executives, which means that their pay is tied to how well the company does. In 2023, he earned a total compensation of about $12.1 million, but interestingly, he has chosen to forgo bonuses in cash in favor of stock options, showing his long-term focus on the company's performance. Apart from his professional journey, Akradi emphasizes the importance of health, driven by a belief that a healthier lifestyle leads to happier living. His leadership style pushes for alignment between executive pay and company results, aiming to motivate his team to perform better and align with shareholder interests. Akradi is also involved in overseeing the company's strategic direction, ensuring that Life Time remains a key player in the health and wellness industry.