Xponential Fitness, Inc. Appoints Jeffrey Lawrence to its Board of Directors
11 Abril 2024 - 5:05PM
Business Wire
Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or “the
Company), the largest global franchisor of health and wellness
brands, today announced that Jeffrey Lawrence has been appointed to
the Company’s Board of Directors, effective April 10, 2024. Mr.
Lawrence will serve on the Board’s Audit Committee.
Mark Grabowski, Chairman of the Board of Xponential, said, “Jeff
is an accomplished executive and board member with decades of
leadership experience at some of the most well-known consumer
brands, including Domino’s, FIGS and Shake Shack. In addition to
his deep financial acumen and track record of value creation, he
brings expertise in executing franchise expansions on a global
scale. We’re pleased to welcome Jeff to the Board as we continue to
drive shareholder value.”
Anthony Geisler, CEO of Xponential, added, “We’re proud of
Xponential’s momentum in the boutique health and wellness market
and remain committed to delivering on our near- and long-term
strategic initiatives. As we continue to focus on expanding our
global platform and optimizing customer experiences, we look
forward to benefitting from Jeff’s expertise in franchising and
technology.”
Mr. Lawrence said, “Xponential has built an incredible platform
– with a sophisticated portfolio of differentiated health and
wellness franchise brands that appeal to a wide variety of
consumers. I have dedicated the majority of my career to helping
innovative consumer companies transform into established industry
leaders and am confident in the opportunities ahead that will lend
to Xponential’s continued growth. I look forward to collaborating
with my fellow directors as we support the Company in expanding its
franchise model to drive growth.”
Mr. Lawrence has more than 25 years of experience with expertise
in consumer retail and global franchising, as well as in digital
and technological transformation and capital markets. He previously
served as Executive Vice President & Chief Financial Officer at
Domino’s Pizza, Inc., where he supported the brand through its
technological transformation and global expansion. Mr. Lawrence
also served on the Board of Directors of DPC Dash, Domino’s master
franchisee in China. Following his tenure at Domino’s, Mr. Lawrence
served as Chief Financial Officer of FIGS, Inc., a
direct-to-consumer apparel brand, and as Chief Financial Officer of
ShiftKey, a technology-enabled marketplace connecting licensed
professionals to the future of work. He currently serves on the
Board of Directors of Shake Shack (NYSE: SHAK). Mr. Lawrence is a
certified public accountant (registered status) in the State of
Michigan and holds an MBA with High Distinction from the Ross
School of Business at the University of Michigan and a BBA from
Wayne State University.
About Xponential Fitness, Inc.
Xponential Fitness, Inc. (NYSE: XPOF) is the largest global
franchisor of health and wellness brands. Through its mission to
make health and wellness accessible to everyone, the Company
operates a diversified platform of ten brands spanning across
verticals including Pilates, indoor cycling, barre, stretching,
rowing, dancing, boxing, strength training, metabolic health, and
yoga. In partnership with its franchisees, Xponential offers
energetic, accessible, and personalized workout experiences led by
highly qualified instructors in studio locations throughout the
U.S. and internationally, with franchise, master franchise and
international expansion agreements in 49 U.S. states and 22
additional countries. Xponential’s portfolio of brands includes
Club Pilates, the largest Pilates brand in the United States;
CycleBar, the largest indoor cycling brand in the United States;
StretchLab, the largest assisted stretching brand in the United
States offering one-on-one and group stretching services; Row
House, the largest franchised indoor rowing brand in the United
States; AKT, a dance-based cardio workout combining toning,
interval and circuit training; YogaSix, the largest yoga brand in
the United States; Pure Barre, a total body workout that uses the
ballet barre to perform small isometric movements, and the largest
Barre brand in the United States; Rumble, a boxing-inspired
full-body workout; BFT, a functional training and strength-based
program; and Lindora, a leading provider of medically guided
wellness and metabolic health solutions. For more information,
please visit the Company’s website at xponential.com.
Forward-Looking Statements
This press release contains forward-looking statements that are
based on current expectations, estimates, forecasts and projections
of future performance based on management's judgment, beliefs,
current trends, and anticipated product performance. These
forward-looking statements include, but are not limited to,
statements relating to the technology solutions and capabilities of
the Board of Directors. Forward-looking statements involve risks
and uncertainties that may cause actual results to differ
materially from those contained in the forward-looking statements.
These factors include, but are not limited to, our relationships
with master franchisees, franchisees and international partners;
difficulties and challenges in opening studios by franchisees; the
ability of franchisees to generate sufficient revenues; risks
relating to expansion into international markets; loss of
reputation and brand awareness; general economic conditions and
industry trends; and other risks as described in our SEC filings,
including our Annual Report on Form 10-K for the full year ended
December 31, 2023, filed by Xponential with the SEC, and other
periodic reports filed with the SEC. Other unknown or unpredictable
factors or underlying assumptions subsequently proving to be
incorrect could cause actual results to differ materially from
those in the forward-looking statements. Although we believe that
the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, level of activity,
performance, or achievements. You should not place undue reliance
on these forward-looking statements. All information provided in
this press release is as of today’s date, unless otherwise stated,
and Xponential undertakes no duty to update such information,
except as required under applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240411292941/en/
Investors
Addo Investor Relations investor@xponential.com (310)
829-5400
Media
Joele Frank, Wilkinson Brimmer Katcher Andi Rose / Lyle Weston /
Maggie Carangelo media@xponential.com
Xponential Fitness (NYSE:XPOF)
Gráfico Histórico do Ativo
De Fev 2025 até Mar 2025
Xponential Fitness (NYSE:XPOF)
Gráfico Histórico do Ativo
De Mar 2024 até Mar 2025