Planet Fitness Appoints Tom Fitzgerald as Interim CFO Following Leadership Transition

Planet Fitness Appoints Tom Fitzgerald as Interim CFO Amid Leadership Transition

In a strategic move following the departure of former CFO Jay Stasz, Planet Fitness, Inc., a leading fitness center operator with the industry’s largest membership base, appoints Tom Fitzgerald as Interim Chief Financial Officer. This appointment comes at a critical time as the company focuses on maintaining stability and executing its long-term strategic goals within the fitness market. Fitzgerald, who has a rich history with Planet Fitness, previously held the CFO position and possesses over 40 years of experience in financial leadership and operational management across consumer-driven businesses. His reinstatement highlights the company’s commitment to leveraging established leadership during a period of transition.

CEO Colleen Keating expresses confidence in Fitzgerald’s capabilities, citing his deep institutional knowledge and effective guidance during previous growth phases for Planet Fitness. As interim CFO, Fitzgerald’s primary focus will be on collaborating with Keating and the executive team to ensure the company remains aligned with its strategic objectives while working toward a seamless transition to a permanent CFO. Fitzgerald himself reiterates the strength of the Planet Fitness brand, spotlighting the robust franchise model as a significant asset that offers substantial long-term growth opportunities. His leadership is expected to reinforce the company’s operational stability and drive continued success.

In addition to the leadership appointment, Planet Fitness confirms that it will engage a prominent executive search firm to identify a suitable long-term CFO. This proactive approach demonstrates the company's commitment to a careful and comprehensive selection process during this pivotal change. Notably, the company also maintains its previous guidance for 2026, projecting a stable financial outlook despite the recent leadership shifts. CEO Keating not only recognizes Stasz’s contributions during his tenure but also emphasizes how this transition positions Planet Fitness for sustained growth and resilience in the competitive fitness industry landscape.

Beyond leadership changes, Planet Fitness continues to underline the importance of strategic growth and brand development. As the premier fitness center operator, the company focuses on enhancing member experience and expanding its footprint in an increasingly competitive market. The emphasis on maintaining a consistent financial outlook despite changes at the executive level reflects the company's overall commitment to its core mission and operational excellence.