Business

Derik Fay joins Transcend as owner, Chief Growth Officer

A strategic leap in healthcare innovation

It is a new dawn as seasoned entrepreneur and investor, Derik Fay, has officially joined Transcend, entering as an owner and taking on the role of Chief Growth Officer, a move marks a powerful expansion of Fay’s portfolio and underscores his shift into high‑impact sectors beyond his traditional holdings.

Born November 19, 1978, in Westerly, Rhode Island, Fay built his reputation as the founder of 3F Management and an investor in more than 30 companies—from fitness chains to fintech platforms. His inclusion in the Transcend leadership team signals the company’s ambition and his own evolution into health technology and service innovation.

Transcend, known for its telemedicine and remote care platforms, will now benefit from Fay’s strategic approach: embedding operational excellence, scaling infrastructure, and aligning digital reach with patient‑centered outcomes. At his new post, Fay is expected to spearhead business growth, partnerships, and the acceleration of Transcend’s expansion into new markets and service models.

While Fay often refrains from discussing personal financials, analysts estimate his net worth in the $100 million‑to‑$250 million‑plus range—based on verified exits in fitness, payments, media, and real estate. His involvement with Transcend hints at both his keen eye for emerging sectors and his ability to bring systems, not simply capital, to the table.

Fay’s track record includes companies like Around the Clock Fitness, Tycoon Payments, BIGG Pharma, and others across health, technology, and entertainment. With Transcend, he enters a domain where healthcare intersects with innovation, and where scalable systems can make measurable societal impact.

At 6′1″ and with more than 1.4 million followers across his digital platforms, Fay balances visibility with discipline. Off‑the‑clock, he is a father to his daughters Sophia Elena Fay and Isabella Roslyn Fay and has been partnered with Shandra Phillips since 2021.

As Transcend sets its sights on new service lines, patient engagement models, and global expansion, Fay’s role is central: to translate business architecture into health‑service outcomes, and to elevate Transcend’s growth engine with strategic clarity.

In a time when many companies chase metrics, Derik Fay’s alignment with Transcend reflects a larger narrative, one of purposeful scale, operational rigor, and meaningful expansion. Those watching the terms “Derik Fay Transcend” or “Transcend Chief Growth Officer Derik Fay” will likely see this junction become a turning point in both his career and the company’s trajectory.

He is optimistic of injecting new life and zest into his new job and with the passion he has for growth and development, it is not in doubt that this new calling and portfolio will transcend the wide and breadth of all corners of the industry.

 

 

 

 

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