Xponential Fitness, Inc. announced that Mark King, Chief Executive Officer, informed the Board of Directors of his intention to retire as CEO and as a Director due to health reasons. Mr. King will continue to serve as CEO during the search process for a successor to ensure a smooth transition.
Mark Grabowski, Chairman of Xponential Fitness, commended Mr. King for his contributions and dedication to supporting franchisees and his positive impact on the company. Mr. King is scheduled to participate in the upcoming Analyst and Investor Day on May 29, 2025.
The Board of Directors is committed to conducting a thorough search and onboarding process for a new CEO. This leadership transition introduces a period of uncertainty for the company's strategic direction and operational execution.
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