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.

Ousted CEO Chris Rondeau had been at the company over 30 years.

Planet Fitness said on Friday it is replacing chief executive Chris Rondeau replacing him with board member and former New Hampshire Gov. Craig Benson.

Planet Fitness shares dropped as low as $50.21, their lowest since March 2020, after Chris Rondeau's departure was announced.

Planet Fitness Inc (NYSE: PLNT) just ousted its Chief Executive – a move that came as a surprise for employees and investors alike. Its shares are down close to 20% at writing.

Planet Fitness (NYSE:PLNT) shares were down on Friday after it announced the ouster of its CEO Chris Rondeau. Board member Craig Benson will take over the position on an interim basis as the compan...

Former CEO Chris Rondeau has unexpectedly left the leadership role. The move was driven by the company's board of directors.

Planet Fitness Inc. PLNT, +1.56% announced a leadership transition on Friday, naming board member Craig R. Benson as interim CEO.

Planet Fitness achieved strong sales and membership growth in 2Q23, with improved performance in EBITDA and EPS. However, PLNT is facing challenges due to limited retail space availability, potenti...

While the top- and bottom-line numbers for Planet Fitness (PLNT) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics ...