Jennifer Pomerantz
About Jennifer Pomerantz
Jennifer S. Pomerantz, age 45, was appointed as an independent Class II director of Life Time Group Holdings, Inc. on April 25, 2025, with a current term expiring at the 2026 annual meeting; she also joined the Nominating & Corporate Governance Committee and the Capital Allocation Committee . The Board determined she is independent under NYSE standards; post-appointment, Life Time’s Board comprises 13 directors, 10 of whom are independent . Pomerantz’s core credentials span investment management in global natural resources, energy-focused investment banking, and operating leadership as Chairman/CEO in convenience retail and fuel logistics .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Ellipsis Holdings (family office) | Managing Partner | 2022–present | Investment leadership in private capital |
| American Natural | Chairman & Chief Executive Officer | 2011–2021 | Led lifestyle brand of convenience stores and fuel logistics |
| Citadel (Surveyor Capital) | Portfolio Manager (Global Natural Resources) | Not disclosed | Resource strategy portfolio management |
| JPMorgan Highbridge Capital Management | Portfolio Manager (Global Natural Resources) | Not disclosed | Resource strategy portfolio management |
| Bank of America | Investment Banking – Power & Energy | Not disclosed | Coverage in energy sector |
External Roles
| Company | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Northern Oil & Gas, Inc. (NYSE: NOG) | Director | 2025–present | Committee assignments not disclosed in cited documents |
Board Governance
- Independence: The Board determined Pomerantz is independent; Board now 13 members, 10 independent after her appointment .
- Committee assignments: Member, Nominating & Corporate Governance; Member, Capital Allocation, effective April 25, 2025 .
- Lead Independent Director: John Danhakl serves as Lead Independent Director, presiding over executive sessions and agenda approval .
- Attendance: In 2024, the Board met six times; non-management directors regularly held executive sessions; each director attended at least 75% of their meetings. Pomerantz was appointed in 2025, so her 2024 attendance is not applicable .
- Controlled Company: Life Time is a “controlled company” under NYSE standards and does not maintain fully independent Compensation or Nominating & Corporate Governance Committees, which is a governance risk factor .
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Board Member Annual Cash Retainer | $75,000 | Paid quarterly in arrears |
| Nominating & Corporate Governance Committee Chair | $25,000 | Not applicable; Pomerantz is a member, not chair |
| Nominating & Corporate Governance Committee Member | $10,000 | Paid quarterly in arrears |
| Audit Committee Chair | $40,000 | Not applicable to Pomerantz |
| Audit Committee Member | $15,000 | Not applicable to Pomerantz |
| Compensation Committee Chair | $35,000 | Not applicable to Pomerantz |
| Compensation Committee Member | $10,000 | Not applicable to Pomerantz |
| Lead Independent Director Retainer | $55,000 | John Danhakl |
Note: The 8-K states Pomerantz will receive standard non-employee director compensation per the 2025 proxy .
Performance Compensation
| Equity | Grant Value | Vesting | Change-in-Control |
|---|---|---|---|
| Annual RSUs (non-employee director) | ~$155,000 | Vest on earlier of day before next annual meeting or first anniversary; service-contingent | RSUs accelerate and vest in full upon change in control, per 2021 Incentive Award Plan |
- Performance metrics: Director equity is time-based; there are no performance metrics (PSUs) for director compensation .
Other Directorships & Interlocks
| Company | Interlock Details |
|---|---|
| Northern Oil & Gas, Inc. (NYSE: NOG) | Pomerantz is a director ; Life Time’s CEO/Chair Bahram Akradi is also NOG Chair and director; Life Time director Stuart Lasher is also an NOG director . This creates a multi-director interlock between LTH and NOG. |
Expertise & Qualifications
- Investment leadership in global natural resources (portfolio manager roles at Citadel Surveyor Capital and JPM Highbridge) .
- Operating experience as Chairman/CEO of American Natural in convenience retail and fuel logistics (2011–2021) .
- Energy-sector finance and banking background (Bank of America – Power & Energy coverage) .
- Strategic fit for Capital Allocation oversight and governance committee work given capital-intensive operations and risk oversight mandates .
Equity Ownership
- Beneficial ownership in LTH for Pomerantz was not disclosed in the March 13, 2025 DEF 14A beneficial ownership table (she joined April 25, 2025) .
- Company-wide anti-hedging and anti-pledging policy: Officers, directors, and employees are prohibited from hedging and pledging Life Time stock, and from short-sales and derivative transactions involving Company equity .
- Director stock ownership guidelines: The proxy discloses executive ownership guidelines; director-specific ownership guidelines are not disclosed in cited materials .
Say-on-Pay & Shareholder Feedback
- 2025 Say-on-Pay advisory vote: For 189,949,911; Against 4,258,335; Abstain 24,182; broker non-votes 4,577,021 .
- 2024 Say-on-Pay: Over 96% of shares voted supported NEO compensation (committee viewed as endorsement of program) .
Governance Assessment
- Positive signals: Independent appointment adds diversity of expertise in energy and capital markets; assignment to Nominating & Corporate Governance and Capital Allocation aligns with her background; Board independence majority enhanced (10 of 13 independent) .
- Alignment: Non-employee director compensation mixes cash with time-based RSUs vesting annually, plus robust anti-hedging/pledging policy, supporting ownership alignment without short-term risk incentives .
- RED FLAGS: Controlled company status—Compensation and Nominating & Corporate Governance Committees are not fully independent, reducing standard NYSE governance safeguards . Multi-director interlock with NOG (Akradi, Lasher, Pomerantz) presents potential information-flow concentration risks (though no related-party transactions disclosed regarding Pomerantz) .
- Attendance/engagement: General Board practices show regular executive sessions and ≥75% attendance in 2024; Pomerantz joined in 2025, so individual attendance is not yet available .
Director Compensation Mix Summary (for non-employee directors)
- Cash: Board retainer $75,000; NCG member $10,000 (paid quarterly) .
- Equity: RSUs ~$155,000 granted to continuing non-employee directors on annual meeting date; vesting by next annual meeting or one year; full acceleration on change in control .
- Other: No meeting fees; committee chair fees apply to Audit ($40k), Compensation ($35k), NCG ($25k) .
Related Party Transactions and Conflicts
- No related-party transactions or loans involving Pomerantz disclosed in the 2025 proxy and subsequent 8-K appointment filing reviewed .
- Company notes routine purchases from certain LGP/TPG portfolio companies under materiality thresholds; Board determined independence of those affiliated directors remains intact; no implication for Pomerantz from these disclosures .
Shareholder Voting Context
- 2025 director election votes and Say-on-Pay support suggest stable shareholder confidence in governance and compensation programs during Pomerantz’s appointment period .