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Planet Fitness stock plunges as CEO abruptly steps down, surprising Wall Street

Yet one more CEO turnover. On Friday, Planet Health’s (PLNT) board introduced the choice to “transition to new management,” ensuing within the departure of 30-year firm veteran and CEO Chris Rondeau. “As we enter the following chapter of Planet Health’ journey, the Board felt that now was the correct time to transition management,” Stephen Spinelli, Jr., the board’s chairman, mentioned …

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