Octane Fitness Announces Dennis Lee’s Pending Departure
Dennis Lee, vice president and general manager, commercial and specialty, at Octane Fitness, will leave the company at the conclusion of 2016.
Ryan Simat, currently Octane’s vice president of sales, will assume the general manager role at Lee’s departure.
“Ryan’s depth of knowledge in the commercial and specialty markets and relationship with our customers through his long-term tenure with Octane Fitness as one of the first employees, makes him the ideal candidate to fill the role of vice president and general manager, commercial and specialty, on the executive team. We are well positioned for accelerated growth in these sales channels under Ryan’s leadership,” said Bill McMahon, the COO of Nautilus, Inc.
In January 2016, Octane was acquired by Nautilus from North Castle Hill Partners.
Headquartered in Vancouver, Washington, Nautilus, Inc. (NYSE: NLS) is a global fitness solutions company that believes everyone deserves a fit and healthy life. Its brand portfolio includes Bowflex, Nautilus, Octane Fitness, Schwinn and Universal.
Nautilus, Inc. develops innovative products to support healthy living through direct and retail channels, as well as in commercial channels with Octane Fitness products.