Nautilus, Inc. announced that it has hired Alan Chan as Chief Legal Officer, effective August 2, 2021. Chan will lead all aspects of Nautilus, Inc.’s global legal strategy, including corporate governance and compliance, mergers and acquisitions, and intellectual property. The company also announced the appointment of Sarah Jones, formerly corporate controller, to Principal Accounting Officer. New CLO Alan Chan brings over 20 years of experience, including deep legal knowledge in the areas of supply chain, intellectual property, and technology solutions and services. Most recently, Chan was vice president of legal affairs and assistant corporate secretary for Arrow Electronics — a Fortune 150 company and leader in providing technology solutions — where he led global teams with diverse responsibilities. He guided and oversaw strategic initiatives, global M&A activity, and transformed the company’s commercial transaction strategy and practice. The company also appointed Sarah Jones, Nautilus, Inc.’s former corporate controller, to Principal Accounting Officer. Jones will have an expanded scope of interaction with the Nautilus Board of Directors, be responsible for the quarterly report to the audit committee and play a larger role in overall risk management for the company in addition to her current responsibilities overseeing accounting, financial shared services, credit and collections, SEC reporting, stock management, and internal control. Jones, who joined Nautilus in 2013, has held increasingly higher-level accounting and corporate controller positions during her eight years with the company.
BowFlex Inc. is a provider of digitally connected home fitness solutions. Its principal business activities include designing, developing, sourcing and marketing cardio and strength fitness products, related accessories, and a digital platform for consumer use. Its brands include Bowflex, Schwinn and JRNY. Its segments include Direct and Retail. Direct business offers products directly to consumers primarily through Websites. Retail business offers its products through a network of independent retail companies to reach consumers in the home-use markets in the U.S. and internationally. Cardio products include connected-fitness bikes, the BowFlex C6, VeloCore, Schwinn IC4, Max Trainer, treadmills, other exercise bikes, ellipticals and subscription services. Strength products include Bowflex Home Gyms, BowFlex SelectTech dumbbells, kettlebell and barbell weights, and accessories. The JRNY adaptive fitness membership offers personalized cardio and whole-body workouts that evolve as you do.