Management ChangeJun 25, 2026, 08:36 AM
Planet Fitness Appoints Sudhanshu Priyadarshi as CFO & President, International
AI Summary
Planet Fitness, Inc. announced the appointment of Sudhanshu Priyadarshi as Chief Financial Officer and President, International, effective June 25, 2026. Mr. Priyadarshi, 49, brings over 25 years of experience from consumer-facing businesses including Keurig Dr Pepper, Vista Outdoor, and Walmart. Interim CFO Tom Fitzgerald will transition to an advisory role until mid-September. Mr. Priyadarshi's compensation includes an annual base salary of $900,000, a target annual cash bonus of 115% of his base salary, and equity awards totaling $7,000,000 in target grant date fair value.
Key Highlights
- Sudhanshu Priyadarshi appointed CFO & President, International, effective June 25, 2026.
- Tom Fitzgerald's employment as Interim CFO terminates, will serve in advisory role until mid-September.
- Mr. Priyadarshi brings over 25 years of experience from Keurig Dr Pepper, Vista Outdoor, Flexport, and Walmart.
- Annual base salary set at $900,000.
- Eligible for annual cash bonus with a target of 115% of base salary.
- New Hire Award of restricted stock units with a target grant date fair value of $3,000,000.
- Annual equity award (2026 LTI Award) with a target grant date fair value of $4,000,000.
Price Impact
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