Nautilus, Inc. (NASDAQ: (NLS) stock gained by 0.79% at last close while the NLS stock price soars by 5.96% in the pre-market trading session. Nautilus is an international leader in home fitness products that are digitally connected. Bowflex, Nautilus, Schwinn, and JRNY, the company’s digital fitness platform, are among the company’s brands.
NLS stock’ Upcoming Event
Nautilus reported that after the market will close on November 9, 2021, the company will release its financial outcomes for the second quarter ending September 30, 2021.
NLS stock’ Recent Development
Kelley Hall, Senior Vice President and Chief Financial Officer at REI, and Shailesh Prakash, Chief Information Officer and Vice President of Digital Product Development at The Washington Post, have been hired to Nautilus’ Board of Directors, beginning October 21, 2021.
Ms. Hall and Mr. Prakash’s hiring come at a critical time for the company as it implements its long-term business plan. Ms. Hall has extensive experience guiding financial strategy and operating omnichannel ecosystems at a number of well-known organizations, including REI, the country’s largest consumer cooperative. Mr. Prakash brings extensive technical and digital strategy expertise, as well as experience leading various digital growth transformations, including the transfer to and use of subscription business models.
Ms. Hall is the Senior Vice President and Chief Financial Officer of REI, the country’s biggest consumer cooperative, where she is in charge of financial planning and analysis. Mr. Prakash, on the other hand, is the Washington Post’s Chief Information Officer and Vice President of Digital Product Development, where he is in charge of all elements of product development and innovation, such as web, mobile, video, print, and advertising.
Carl Johnson, III, Chairman of Nautilus, Inc. stated,
Kelley and Shailesh are wonderful additions to their Board of Directors. Their financial and technological backgrounds will be crucial in furthering their North Star strategic ambitions and boosting the company’s innovation and progress in connected home fitness.