Shares of Planet Fitness (PLNT) dropped 16%, to their lowest level in more than three years after the gym operator’s board unexpectedly fired CEO Chris Rondeau.
The company announced that board member Craig Benson has been chosen as interim CEO, effective immediately. It added that Rondeau would remain on the board and will be nominated for reelection at the 2024 annual…
This story from investopedia.com was posted on 2023-09-16 by @starfly.