Xponential Fitness, Inc. (NYSE: XPOF), a leading global franchisor of boutique health and wellness brands, has recently made several executive leadership appointments. These appointments include John Kawaja as President of North America, Tim Weiderhoft as Chief Operating Officer of North America, Kevin Beygi as Chief Technology Officer, and Eric Simon as Chief Development Officer.
John Kawaja, who previously served as the company's President of Wholesale, has been promoted to President of North America. Before joining Xponential Fitness, Kawaja held leadership positions at Taylormade Golf Company and Adidas Group. Tim Weiderhoft, the new Chief Operating Officer of North America, previously held executive roles at Central Bark USA, Wow Wow Hawaiian Lemonade, and Massage Envy Franchising LLC.
Kevin Beygi, the newly appointed Chief Technology Officer, previously worked at Microsoft Corporation and held advisory roles at companies such as The Walt Disney Company, MISO, Shell, and Total Energies. Eric Simon, the new Chief Development Officer, previously held senior positions at The Joint Chiropractic, AAMCO Transmission and Total Car Care, and The UPS Store.
Mark King, CEO of Xponential Fitness, expressed that these appointments mark a significant milestone in the company's evolution and will play vital roles in transforming the organization's culture, facilitating profitable growth, and positioning the company as the global franchisor of choice in health and wellness.
Xponential Fitness operates a platform of eight brands across various health and wellness verticals, including pilates, indoor cycling, barre, stretching, boxing, strength training, metabolic health, and yoga. The company offers energetic, accessible, and personalized workout experiences through its franchise locations throughout the U.S. and internationally, with expansion agreements in 49 U.S. states and 27 additional countries.
The portfolio of brands under Xponential Fitness includes Club Pilates, CycleBar, StretchLab, YogaSix, Pure Barre, Rumble, BFT, and Lindora, catering to a wide range of fitness and wellness preferences. The market has reacted to these announcements by moving the company's shares -2.1% to a price of $15.67. For more information, read the company's full 8-K submission here.