Planet Fitness Appoints Edward Hymes President and Chief Operating Officer

HAMPTON, N.H., Dec. 12, 2022 /PRNewswire/ — Today, Planet Fitness, Inc. (NYSE: PLNT) (the “Company”), one of many largest and fastest-growing franchisors and operators of health facilities with extra members than every other health model, introduced that Edward Hymes has been appointed President and Chief Operating Officer reporting on to Chief Executive Officer, Chris Rondeau. Mr. Hymes will be a part of the model in January and be liable for driving each the day-to-day enterprise and longer-term strategic development of the Company, with total management and accountability of the model’s major income producing enterprise segments, together with U.S. and worldwide franchise operations and improvement, gear gross sales, and Corporate shops, along with each the know-how and authorized capabilities.

“Edward is a seasoned government with over 30 years of expertise together with figuring out, creating, and working home and worldwide retail and e-commerce companies for international corporations,” stated Chris Rondeau, Chief Executive Officer. “We imagine his skillset and franchise management shall be instrumental in serving to to strategically speed up our enterprise development by means of current and new channels, and we’re thrilled to welcome him to our government workforce.”

Most lately, Mr. Hymes served as President and Chief Executive Officer of Jiffy Lube International, a completely owned, oblique subsidiary of Shell Oil Company with 2,040 US franchise areas, 160 licensees in Canada, and over $2B in income. In this position, he oversaw the strategic course of the corporate, managing franchise relationships to create a shared imaginative and prescient for the enterprise to drive and keep main market share by means of continued innovation and a customer-first technique. Mr. Hymes started working at Shell in 2001, holding broad and various roles together with technique, enterprise improvement, undertaking administration, and deal supply. Prior to Jiffy Lube, he served on Shell’s international Downstream Acquisitions & Divestments Leadership Team with duty for transaction supply throughout North and South America.
“Planet Fitness is a disruptive model with a long time of dependable development, a disciplined franchise mannequin, and a singular alternative to proceed to develop its retailer rely because the market chief,” stated Edward Hymes. “I sit up for becoming a member of the workforce, collaborating throughout departments, and working with franchisees to place the Company for continued long-term development and success.”Prior to Shell, Mr. Hymes served as Director and General Manager for Internet startup Kozmo, a web-based retailer pioneering supply to each shoppers and companies, the place he was liable for new market improvement and operations. Mr. Hymes began his profession at Kmart Corporation, the place he labored his method up the ranks beginning as an hourly retailer workforce member and entered administration publish college. Over 15 years, he held a number of retailer operations positions with P&L duty progressing from Store Manager to Regional Manager overseeing excessive quantity areas and growing profitability by driving operational efficiency, enhancing merchandise and promotions, and specializing in customer support.Mr. Hymes holds a level in Marketing from Northwest Missouri State University. He has additionally participated in Wharton’s Executive Leadership Program, INSEAD’s Mergers, Acquisitions and Divestments program in France, and Harvard Business School’s Executive Education Program.About Planet FitnessBased in 1992 in Dover, NH, Planet Fitness is likely one of the largest and fastest-growing franchisors and operators of health facilities within the United States by variety of members and areas. As of September 30, 2022, Planet Fitness had greater than 16.6 million members and 2,353 shops in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico and Australia. The Company’s mission is to reinforce folks’s lives by offering a high-quality health expertise in a welcoming, non-intimidating atmosphere, which we name the Judgement Free Zone®. More than 90% of Planet Fitness shops are owned and operated by unbiased enterprise males and ladies.SOURCE Planet Fitness, Inc.

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