Net Worth Ranker
What Is Thomas N. Staub Net Worth?
Thomas N. Staub, an American businessman, has an estimated net worth of $6 million. This wealth is primarily attributed to his career with Aerobics Inc., where he served as CFO and later CEO. He further solidified his financial standing through subsequent business ventures. While specific details regarding his current assets such as real estate holdings and vehicles remain undisclosed, his professional journey provides insight into the accumulation of his wealth.
The Rise of Aerobics Inc. and Pacemaster LLC
Thomas Staub began his career in 1985 as the Senior Vice President of Aerobics Inc., the family business founded by his father, William Staub. Aerobics Inc. specialized in manufacturing pacemaker treadmills. In the late 1990s, Thomas and his brother acquired Aerobics Inc. from their father. While specific revenue figures from Aerobics Inc. during Thomas Staub’s tenure as CFO and CEO are not publicly available, the company’s success in the fitness equipment market significantly contributed to his financial standing. In 2010, the private equity firm that had acquired Aerobics Inc. filed for bankruptcy. Thomas Staub, along with an investor, attempted to revive the business under the name PaceMaster LLC in July of 2010, manufacturing treadmills and aerobic equipment. Despite their efforts, PaceMaster LLC closed its doors for good in 2011.
Vice President of Sales and Operations at Gym Source
Since 2012, Thomas Staub has held the position of Vice President of Sales and Operations at Gym Source, a company specializing in exercise equipment. Gym Source has been in business since 1985 and incorporated since 1999. As Vice President, Staub oversees sales and operations, leveraging his extensive experience in the fitness equipment industry. The specific details of his salary and compensation package at Gym Source are not publicly available. He earned a B.S. in Accounting from Seton Hall University.
