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Top related persons:
Chris Rondeau - 1 Craig Benson - 1 He's - 1 Rondeau - 1 William Blair - 1 Sharon Zackfia - 1 Zackfia - 1 Rondeau couldn't - 1
Top related locs:
New Hampshire Dover , New Hampshire
Top related orgs:
Planet Fitness - 1 Planet - 1

Search resuls for: "Marc Grondahl"


2 mentions found


☆ Planet Fitness shares sink 15% after board ousts CEO in shocking move
  + stars: | 2023-09-15 | by ( Gabrielle Fonrouge Drew Richardson | Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +3 min
Planet Fitness said it is searching for its next chief both internally and externally. He's a franchisee of both Planet Fitness and Dunkin' Donuts and has been on Planet's board for six years. During his time as CEO, Rondeau led Planet Fitness's IPO and tripled its club base from about 700 to about 2,400 locations. "As we enter the next chapter of Planet Fitness' journey, the Board felt that now was the right time to transition leadership," Planet Fitness Chairman Stephen Spinelli Jr. said in a press release. "In today's evolving environment, Planet Fitness is continuing to enhance our competitive advantage, capitalize on our size and scale, and drive further shareholder value."
Persons: Chris Rondeau, Craig Benson, He's, Rondeau, William Blair, Sharon Zackfia, Zackfia, Rondeau couldn't, Michael, Marc Grondahl, it's, " Rondeau, Stephen Spinelli Jr Organizations: Planet Fitness, Planet Locations: New Hampshire, Dover , New Hampshire
☆ Fitness firms’ regime: lots of brands, few assets
  + stars: | 2023-01-06 | by ( Karen Kwok Jennifer Saba Amanda Gomez | Karen Kwok | Jennifer Saba | ) www.reuters.com   time to read: +11 min
It’s the start of a class known as high-intensity interval training, a combination of treadmill and weight-lifting, at the boutique fitness studio Barry’s. The brothers and Rondeau, who now serves as Planet Fitness’ chief executive, hit upon a concept. Planet Fitness’ tag, “judgement free zone” is true to form. Part of the appeal is its $10 a month basic membership fee – which hasn’t changed – that Planet Fitness primarily collects through electronic funds transfers. Still, with solid and regular profits and a reasonable amount of debt, Planet Fitness has staying power, even if shareholders lose their shirts while its valuation comes in line.
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