ticker: PLNT
Planet Fitness appoints Craig Benson as Interim CEO, effective immediately
The Planet Fitness board decided to “transition to new leadership, resulting in the departure of Chris Rondeau,” the company said in a news release Friday. The former CEO, who had been at the helm since January 2013, will continue to serve as a member of the board and will be nominated for re-election next year, the company said.
- Rondeau will continue to serve as a member of the co's Board of Directors and will be nominated for re-election at the co's 2024 Annual Meeting.
- Rondeau will continue to serve the co in an advisory role as contemplated under his existing agreements with the co to help ensure a smooth transition.
Earlier this year, the company grappled with a disappointing first-quarter earnings report. This year, the stock is off 34%.
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