Xponential Fitness, Inc. (NYSE:XPOF) reported in an 8-K filing to the Securities and Exchange Commission on December 12, 2024, that Ms. Sarah Luna, President of the company, tendered her resignation effective December 6, 2024. Luna’s resignation will be effective until December 13, 2024.
The company, based in Irvine, California, is known for its range of fitness brands and has made significant strides in the health and wellness industry. John Meloun, the Chief Financial Officer of Xponential Fitness, Inc., signed the report on behalf of the registrant.
The company did not disclose any further details regarding the departure of Ms. Luna or the future plans for the position of President. Xponential Fitness, Inc.’s stock, trading on the New York Stock Exchange under the symbol XPOF, may experience some impact following this news. Investors and stakeholders will likely monitor how the company navigates this transition period.
Investors and the industry will be keenly watching for updates from Xponential Fitness, Inc. regarding its succession plan for the President role and any future strategic decisions related to the change in leadership.
This notice comes amid a dynamic phase for Xponential Fitness, Inc., and the company aims to maintain its growth trajectory amidst the management transition.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Xponential Fitness’s 8K filing here.
Xponential Fitness Company Profile
Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.
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