businessinsider.com
When Chris Rondeau, ten-year CEO of Planet Fitness, was fired by the company’s board of directors, he told Insider he was “seriously blindsided.”“I wasn’t finished,” he told Insider in a text message last month. “I had the best team best franchisees and an amazing business.“Confusion over Rondeau’s abrupt departure sent shares for the largest gym network in the US plummeting by 20%, slicing off more than $1 billion in market cap. Meanwhile, the exact reasons behind the board’s decision are still…
about 2 years ago