On February 15, 2024, Christopher Rondeau Resigned From Planet Fitness Board Over Disagreements About Job Cuts, Scope Of Role Of Interim CEO And Board's Role In Reviewing And Approving Such Decisions - Filing

Author: Benzinga Newsdesk | February 20, 2024 06:59pm

The Company believes that Rondeau resigned from the Board because of disagreements over decisions made by the Company since Rondeau’s separation as chief executive officer in September 2023, including the decision to terminate the employment of approximately 9% of the Company's headquarters employees in February 2024, the scope of the role of the interim chief executive officer in managing the Company during the Company’s ongoing search for a permanent chief executive officer, and the Board’s role in reviewing and approving such decisions.

Posted In: PLNT