Nautilus, Inc. announced that Ronald Badie and Marvin Seigert have joined its board of directors. Badie served more than 35 years with Deutsche Bank and its predecessor Bankers Trust Company, including retiring as vice chairman of Deutsche Bank Alex. Siegert serves as president and COO of The Pyle Group LLC, a private equity investment group, a position he has held since 1996.
Ronald Badie, 62, served more than 35 years with Deutsche Bank and its predecessor Bankers Trust Company, including retiring as vice chairman of Deutsche Bank Alex. Brown (now Deutsche Bank Securities), the firm's investment banking subsidiary. Mr. Badie also serves on the board of directors of Integrated Electrical Services, Inc., Amphenol Corporation, and Merisel, Inc. He received his undergraduate education at Bucknell University, and an MBA from New York University's Stern School of Business.
Marvin Siegert, 56, serves as President and chief operating officer of The Pyle Group LLC, a private equity investment group, a position he has held since 1996. Prior to The Pyle Group, Mr. Siegert served 26 years with the battery and lighting product manufacturer Rayovac Corporation, where he held various positions including senior vice president and chief financial officer. Mr. Siegert has an undergraduate degree from the University of Wisconsin — Whitewater, and has a master's degree in management from the University of Wisconsin — Madison.
“We look forward to the perspective these new board members will bring to our rapidly growing organization through their successful corporate careers and their ongoing business leadership capacities,” said Gregg Hammann, chairman and CEO of Nautilus, Inc.
