Lift Brands has added a new member to its board of directors: Paul Carbone, the CFO of Dunkin’ Brands, the parent company of Dunkin’ Donuts and Baskin Robbins.
“Paul’s expertise in finance and franchise growth will be extremely valuable as we continue to expand and enhance health and wellness franchise opportunities for entrepreneurs worldwide,” said Peter Taunton, Lift Brands’ founder and CEO, in a press release. “He is adept at building a family of brands, much like our portfolio, and we look forward to tapping into his insight and wealth of knowledge.”
Lift Brands currently has 3,000 clubs open or in development in 15 countries, with 400 employees and 1.5 million members. It is the parent company or investor to a number of fitness-focused brands, including Snap Fitness, YogaFit Studios, 9Round, Fitness on Demand, STEELE Fitness and Kosama group fitness.
In his current position with Dunkin’ Brands, Carbone is responsible for the company’s finance, investor relations, strategy, loss prevention and information technology functions. Throughout his career, he has held several financial leadership roles and also founded and operated three companies.
“I’m looking forward to working with Peter and his team as they continue to grow their highly successful vertically integrated franchising model among their health and wellness brands,” said Carbone in the release.
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Rachel Zabonick-Chonko is the editor-in-chief of Club Solutions Magazine. She can be reached at rachel@peakemedia.com.
