Fitness Industry Outlook: Key Takeaways From the 28th Annual HFA Financial Panel

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At the 2025 Health and Fitness Association conference Thursday, industry veteran Rick Caro, founder of Management Vision, moderated the show’s 28th annual Financial Panel, which featured a group of financial experts with deep knowledge of the fitness industry. The panel included Amna Malik, executive director at Morgan Stanley; Zach England, managing director at Harris Williams; Robbie Shapiro, managing director at York Capital Management; and Marty Newburger, partner at KSL Capital Partners. The panelists offered valuable insights into the coming challenges and opportunities for the fitness industry in the year ahead.

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