Philadelphia — Five Below, Inc. has named Kristy Chipman as chief financial officer and treasurer, effective July 17, 2023; she will report to Joel Anderson, president and CEO. Chipman succeeds Ken Bull, who recently assumed the role of chief operating officer of Five Below. Most recently, Chipman was executive vice president, CFO and COO at Ruth’s Chris Hospitality Group. Chipman will lead the company’s finance and accounting organization, overseeing SEC reporting and financial operations, financial planning & analysis, investor relations, internal audit, enterprise risk management, tax and treasury and serve …
orangetheory fitness
Scottsdale, Ariz. — Ohm Fitness, the nation’s first fitness franchise to use EMS (electro muscle stimulation) technology wirelessly and in a small group setting, plans to open up to 35 locations in Arizona over the next 3 years. Two seasoned entrepreneurs and marketing executives have purchased the area developer rights to Arizona and are actively selling franchise licenses to open new locations across the state. Ohm Fitness offers a high-tech EMS fitness experience that packs the benefits of an intense 2-hour workout into a low-impact, 25-minute session. The first corporate …
Athens, Ga. — Zaxby’s, the premium quick-service restaurant brand founded in Athens, Ga., has hired industry franchising veteran Mike Mettler as its new chief development officer, while Mike Nettles, interim chief digital & technology officer, has been elevated to the position long term. “Franchising growth requires four things. A strong business model, a solid culture, passionate franchise owners and strategic areas to develop — Zaxby’s has them all,” says Mettler. Adds Nettles: “Zaxby’s has had a great ride thus far, but digital accessibility will be our ‘secret sauce’ for the …
Sunnyvale, Calif. — Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, has partnered with Orangetheory®, the fast-growing fitness franchise, which will utilize Matterport Capture Services to scan and create digital twins of all its U.S. studios, ensuring design and layout are consistent with global brand guidelines. With more than 1,250 studios across the U.S., Orangetheory’s operational teams will gain significant cost and time savings by enabling highly efficient collaboration, analysis and decision-making using digital twins of its studios remotely. “As we continue to …
Boca Raton, Fla. — Orangetheory® Fitness has hired Mike Mettler as senior vice president of domestic franchise development. He will be responsible for overseeing the company’s domestic growth and expansion, as well as providing strategic leadership to assist the fitness franchise in achieving its goal of having more than 1,100 open studios worldwide by the end of 2018.
Boca Raton, Fla. — Orangetheory® Fitness, a fast-growing fitness franchise, will reopen its Shelton, Conn., studio by the end of May; the studio was just acquired by multi-unit franchisee Mark Molina. This acquisition is part of Orangetheory Fitness’s expansion plans throughout the state of Connecticut, with a goal of doubling its studio count in the state by the end of 2017.