Planet Fitness appoints Colleen Keating as CEO; shares fall

Planet Fitness

16/04/2024 15:39

** Shares of fitness center operator Planet Fitness  PLNT.N 
down as much as 4.3% at $59.90
    ** Co appoints Colleen Keating as CEO, effective June 10
    ** PLNT says Craig Benson will resign as interim CEO and
continue to serve as board member
    ** TD Cowen says, key priorities for Keating include
reinvigorating marketing efforts, accelerating gym openings and
operating in a more competitive environment
    ** On Feb. 22, PLNT announced its finance chief Tom
Fitzgerald will retire at the end of August
    ** Up to Monday's close, stock fell nearly 18% YTD

 (Reporting by Anuja Bharat Mistry in Bengaluru)
 ((AnujaBharat.Mistry@thomsonreuters.com))