Hampton, N.H. — Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers, has appointed Jay Stasz as its next chief financial officer (CFO), effective Nov. 15, 2024. Stasz will join the company on Nov. 4, 2024, and will work with current CFO Tom Fitzgerald until assuming the role. Fitzgerald will remain with the company through Dec. 31, 2024 to ensure a smooth transition and will serve in a consulting capacity with the company through March 31, 2025.
Stasz is an accomplished finance executive with more than 25 years of experience in diverse retail and consumer-facing environments where he has been instrumental in developing high-performing finance teams and supporting significant growth and value creation. He most recently served as chief financial officer at Savers Value Village (Savers), the largest for-profit thrift operator in the U.S. and Canada. Prior to Savers, he served as CFO at Ollie’s Bargain Outlet, America’s largest retailer of closeout merchandise and excess inventory. Earlier in his career, Stasz served in several roles of increasing responsibility at Sports Authority.
“I’m pleased to welcome Jay to the Planet Fitness team, and I’m confident he will support the execution of our strategic imperatives and our ongoing work with our franchisees to drive profitable growth,” says Colleen Keating, chief executive officer. “Jay is a highly experienced and collaborative leader who brings a proven track record of optimizing growth in retail and consumer spaces. I’m eager to work closely with him to support our team members as we provide high-quality and accessible fitness experiences for our members, and to ultimately increase value for shareholders.”
Founded in 1992 in Dover, N.H., Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the world by number of members and locations. As of June 30, 2024, Planet Fitness had 2,617 stores in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico and Australia.
SOURCE: Planet Fitness, Inc.