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Planet Fitness Board Shake-Up Amidst Strategic Disagreements

Planet Fitness Board Shake-Up Amidst Strategic Disagreements

Planet Fitness (PLNT) has released an update.

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Christopher Rondeau has stepped down from Planet Fitness, Inc.’s board amid disagreements over recent company decisions, including a significant employee layoff and the interim CEO’s role. The board is actively searching for a new CEO and is optimistic about the progress, with an update expected in the next earnings call. Despite the company’s respect for Rondeau’s past service, they differ in their views on these issues.

For further insights into PLNT stock, check out TipRanks’ Stock Analysis page.

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