Miraval Group has just announced its investment in ESPA, a leading provider of luxury spa and wellness products and services. Headquartered in London, ESPA has more than 450 luxury spas in 50 countries worldwide. ESPA will continue to be led by CEO Michael Harmsworth and Chairperson Sue Harmsworth.
In addition, Miraval Group announces the appointment of Elizabeth Blair as CEO and Andrea Persily as CFO. Together, they will lead Miraval Group’s expansion into new destinations in the United States, Europe, and beyond.
Blair most recently served as CEO of 24 Hour Fitness, the second largest U.S. fitness club operator and the last portfolio company of Forstmann Little & Co., which was acquired by private equity investors in May 2014. Previously, Blair spent nine years at Yahoo!, where she served as senior vice president of business operations. She received a Bachelor of Arts from Yale University, and a Juris Doctor from Harvard University.
Andrea Persily most recently served as COO and CFO of SpaFinder, a media, marketing, and gifting company for the wellness industry. Prior to that, she spent 10 years at Primedia, leading corporate strategic planning and serving as COO of its B2B publications and CFO of its internet operations. Persily received a Bachelor of Arts from Cornell University, and a Master of Business Administration from The Wharton School of the University of Pennsylvania.
Miraval Group is headquartered in the Bay Area and is owned by affiliate of KSL Capital Partners and Revolution Places. Its flagship property, Miraval Resort & Spa in Tucson, Arizona, is a leading destination wellness luxury spa resort.
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