Joan Carter


Joan Carter is an American businesswoman and philanthropist. She is President of UM Holdings Ltd. which she co-founded with John Aglialoro. Since 1973, UM Holdings has owned and operated a variety of business, primarily in the health and fitness industries. It was the owner of Cybex International and EHE International., both of which were sold in 2016.

Education and achievements

She is a graduate of The College of Wooster, and was awarded the College’s 2005 Distinguished Alumni Award. In 2010, Carter was elected President of The Union League of Philadelphia, the first woman to hold that position in the League’s 150 year history. She was also awarded the Temple University 2011 Musser Award and the Adam Smith Award in 2012 by Economics Pennsylvania.

Boards

Carter serves as Chairman of the Board of the Abraham Lincoln Foundation and FreedomWorks. Additionally Carter serves on the Board of Lourdes Health System., the Reason Foundation and as Trustee for the College of Wooster. Carter served as Director for the Federal Reserve Bank of Philadelphia from 1994 to 2001 and as its Chair from 1998 to 2001. She was a Director for Carr America from 2003 to 2006 when Carr was sold to the Blackstone Group. She was Vice Chairman of the board of Cybex International from 1997 to 2016 when Cybex was sold to Brunswick Corporation in 2016. She is currently a Director for the Penn Mutual Life Insurance Company and Chair of that Board’s marketing committee.

Personal life

Carter is married to John Aglialoro, producer of the Atlas Shrugged movie trilogy - Carter is associate producer. They have four children and eight grandchildren.