Sundar PichaiSundar Pichai earned $164M in 2023

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....

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Bahram Akradi

Founder and Ex-CEO of Life Time Group Holdings

Education

Bachelor's degree in Business Administration from the University of Minnesota.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

March 1, 1967 - 58 years ago

CEO of Life Time Group Holdings for

3 years 2 months (Oct 2020 - Dec 2023)

Previous Experience

Founder of Life Time Fitness, Inc. and served as CEO since its inception until its public offering in 2015.

Rivals

Competitors/colleagues of Bahram Akradi

Holdings

See how much did Bahram Akradi make over time.

Bahram Akradi's financial interests are closely tied to Life Time Group Holdings. He holds approximately 23 million shares in the company, amounting to about 11.1% of total ownership. This represents a significant portion of his wealth, strongly aligning his interests...

Total Stock Sold

$156.50M

LTH

$156.50M

5,000,000 LTH shares

What if they kept their stock?

If Bahram Akradi didn't sell their stock, today they would have:
Extra LTH5,000,000 shares worth $88.75M.
This is -43.29% and $67.75M less than what they got when they sold the stock.

Charitable Transactions

LTH

48,377 shares

LTH

Recent Charitable Transactions

LTH

8,676 shares

LTH

Feb 27, 2025

Charity

LTH

22,353 shares

LTH

Apr 9, 2024

Charity

LTH

15,588 shares

LTH

Feb 20, 2023

Charity

LTH

17,348 shares

LTH

Jun 8, 2022

Charity

Insider Trading

See recent insider trades of Bahram Akradi.

LTH

564,761 shares

LTH

Feb 27, 2025

Received

LTH

8,676 shares

LTH

Feb 27, 2025

Charity

LTH

8,676 shares

LTH

Feb 27, 2025

Charity

LTH

$150.65M

LTH at $30.13/share

Feb 27, 2025

Sale

LTH

190,597 shares

LTH

Jan 11, 2025

Received

LTH

22,353 shares

LTH

Apr 9, 2024

Charity

LTH

22,353 shares

LTH

Apr 9, 2024

Charity

LTH

390,852 shares

LTH

Feb 29, 2024

Received

LTH

120,192 shares

LTH

Feb 23, 2024

Received

Compensation History

See how much did Bahram Akradi make over time.

As the CEO of Life Time Group Holdings, Bahram Akradi's compensation is structured to align closely with the company's performance. In 2023, he received a total of about $12.1 million, which includes a base salary of $1.5 million. It's noteworthy that he opted for no cash bonuses, choosing instead to focus on stock options linked to the company’s achievements. This aligns with his philosophy that executive pay should reward performance tied to company results. Previous years have seen variations in his compensation, with a total payout of around $41 million in 2021, boosted by significant stock awards linked to the company's IPO. This performance-based pay strategy indicates Akradi's commitment to both his leadership role and the long-term vision for Life Time.

Year

2023

Total Compensation

$1.59M

Salary

$1.50M

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with company performance and stockholder interests, with a focus on attracting and retaining top executive talent.

Bonus

$0.00

Board Justification

No cash bonus was paid; instead, bonuses were issued in restricted stock units based on performance metrics.

Other

$89.46K

Board Justification

Other compensation includes car allowance, phone allowance, home connectivity allowance, executive long-term disability insurance, and personal administrative support costs.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the performance-based restricted stock units will vest in 2024 based on the achievement of Adjusted EBITDA targets.

Performance Metrics

The performance metrics for 2023 included achieving specified Adjusted EBITDA amounts, with payouts determined based on performance against these targets.

Other Life Time Group Holdings CEOs

Here are other CEOs of Life Time Group Holdings