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Stock impact report

Xponential Fitness Appoints Brenda Morris as Interim CEO [Yahoo! Finance]

Xponential Fitness, Inc. Class A (XPOF) 
Company Research Source: Yahoo! Finance
IRVINE, Calif., May 10, 2024 BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Company"), today announced that the Company's Board of Directors has appointed Brenda Morris, an experienced C-Suite executive and member of Xponential's Board of Directors since 2019, as interim Chief Executive Officer, effective immediately. In connection with Ms. Morris' appointment as Interim CEO, Chelsea Grayson has been appointed Lead Independent Director of the Board. The Board has removed Anthony Geisler from his duties and suspended him indefinitely as CEO, also effective immediately. The Company received notice on May 7, 2024 of an investigation by the United States Attorney's Office for the Central District of California ("USAO"). The Company previously disclosed an investigation by the Securities and Exchange Commission ("SEC"). The Company intends to continue cooperating with the SEC and intends to cooperate with the USAO. The Board has formed a Special Committee o Show less Read more
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