Former Planet Fitness CEO ‘Blindsided’ by Ouster as Gym Chain’s Stock Sinks
September 22, 2023
Chris Rondeau, who resigned as CEO of Planet Fitness last week in a stunning move, was reportedly “seriously blinded” by the board’s decision to request that he step down.
The move, which surprised employees and investors, has caused shares of Planet Fitness to plummet nearly 20%, hitting a 52-week low. Athletech News