Core Insights - Planet Fitness has appointed Harmit Singh, Chief Financial and Growth Officer of Levi Strauss & Co., to its Board of Directors, expanding the Board to ten members [2][4]. Company Overview - Planet Fitness is one of the largest and fastest-growing fitness center operators globally, with over 20.8 million members and 2,896 clubs as of December 31, 2025 [4]. - The company aims to enhance people's lives by providing a high-quality fitness experience in a welcoming environment known as the Judgement Free Zone® [4]. Leadership Experience - Harmit Singh brings over 40 years of global commercial and financial leadership experience, having previously served as Executive Vice President and CFO of Hyatt Hotels Corporation and held senior roles at Yum! Brands [3][4]. - Singh has a proven track record in driving growth and value creation, including leading Levi Strauss & Co. through its IPO in 2019 and expanding its store base by approximately 200 stores over five years [2][3]. Strategic Focus - The appointment of Singh is seen as a move to strengthen the Board's financial, strategic, and operational expertise, aligning with the company's goals of delivering long-term value for shareholders [4]. - Singh's experience in finance, corporate strategy, and franchise business models is expected to complement the Board as Planet Fitness pursues initiatives to provide value to members and franchisees [4].
Planet Fitness Appoints Harmit Singh to Board of Directors