bally total fitness holding
(BLLY:OTC US)

Executive Profile*

Background*

Mr. David M. Tolmie, Dave, is a Partner at The Edgewater Funds. He was a Managing Director of Bolder Capital, LLC. He served as the Chief Executive Officer and President at Yesmail.com Inc. He led Yesmail to a highly successful IPO and subsequent sale for $720 million. Prior to Yesmail, he served as the Chief Executive Officer in Residence at Platinum Ventures Partners, leading and participating in its e-Commerce and Internet marketing services venture investments. Previously, ... he served as the Senior Vice President of Operations at Bally Total Fitness Corp., overseeing the company’s $650 million annual revenue and its 13,000-person sales and operations workforce. He joined Bally after building and selling a regional health club company to Bally in 1990 for $90 million. He began his career with a concentration in consumer products and services, first as a Product Manager of General Mills, Inc. and as a Consultant of McKinsey & Company's consumer marketing practice in New York. He serves as a Director of Chicagoland Entrepreneurial Center and Opportunity International. He serves as a Director of The Illinois Venture Capital Association, Chicago Chamber of Commerce, AMF Bowling Worldwide, Inc., and Field Museum Of Natural History. He is the Chairman of The Faraja Fund Association. He served as a Director of Ignite Sports Media Inc. and CultureWorx. He served as a Director of Yesmail.com Inc. since May 1999. He is active with the Young President's Organization, the Chicago Mayor's Council of Technology Advisors and has received recognition as one of Chicago's top 100 Internet and Technology Executives and as finalist in the E&Y Entrepreneur of the Year Program. He is active in civic and business leadership positions.Mr. Tolmie holds a B.A. degree from the University of Virginia, with distinction in 1977 and an M.B.A. degree from Harvard Business School, Harvard University in 1980.

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