Xponential Fitness, Inc. (NYSE: XPOF) has announced the appointment of Mike Nuzzo as the new Chief Executive Officer, effective immediately. Nuzzo brings over 25 years of experience in leading consumer retail and services businesses and has a track record of driving scalable growth and expanding into new, high-potential markets. He most recently served as the CEO at Eyemart Express, where he delivered exceptional revenue growth, leading to its successful acquisition by VSP Vision in January 2025.
Nuzzo's appointment follows the resignation of the company's former CEO, Mark King. The board of directors expressed confidence in Nuzzo's operational excellence and strategic leadership, citing his proven track record across strategic, operational, financial, and growth-driving disciplines.
Xponential Fitness operates a diversified platform of six brands, including Club Pilates, StretchLab, YogaSix, Pure Barre, BFT, and Lindora. The company offers energetic, accessible, and personalized workout experiences led by highly qualified instructors in studio locations throughout the U.S. and internationally.
Notably, Xponential Fitness has franchise, master franchise, and international expansion agreements in 49 U.S. states, Puerto Rico, and 30 additional countries. The company's portfolio of brands spans modalities including pilates, barre, stretching, strength training, metabolic health, and yoga.
With Nuzzo at the helm, the company aims to expand its footprint across the U.S. and international markets, building on its momentum and delivering meaningful value for franchisees, members, and stakeholders. The board expressed excitement about the future and thanked Mr. King for his impactful contributions as CEO. Today the company's shares have moved 0.19% to a price of $10.32. For the full picture, make sure to review Xponential Fitness's 8-K report.