Question: Who Is Chris Rondeau?

How much does Chris Rondeau make?

As Chief Executive Officer at Planet Fitness, Inc., Christopher Rondeau made $4,436,826 in total compensation.

Of this total $754,808 was received as a salary, $1,167,677 was received as a bonus, $774,979 was received in stock options, $1,549,962 was awarded as stock and $189,400 came from other types of compensation..

Who is the CEO of Planet Fitness?

Chris Rondeau (Jan 2013–)Planet Fitness/CEOChris Rondeau Chief Executive Officer Chris Rondeau has served as our Chief Executive Officer since January 2013. He previously served as our Chief Operating Officer since 2003. Mr. Rondeau joined Planet Fitness in 1993, one year after our original founders, Michael and Marc Grondahl, started the Company in 1992.

What is Planet Fitness net worth?

Net income attributable to Planet Fitness, Inc. was $117.7 million, or $1.41 per diluted share, compared to $88.0 million, or $1.00 per diluted share, in the prior year. Net income was $135.4 million, compared to $103.2 million in the prior year.

Can you wear hats at Planet Fitness?

Women are not allowed to wear any headgear on their heads to prevent hair frizz, protect their hairstyles, manage the amounts of sweat, or even religiously, during their workout at Planet Fitness in order to support their non threatening environmental approach, but MEN CAN WEAR HATS!

Is Planet Fitness owned by Crunch?

The agreement is with Jorge Roldan, CEO of Team Roldan, LLC. Roldan is a fitness-industry franchising expert who most recently launched, owned and operated five Planet Fitness locations, which he sold in 2016. … Founded in 2010, Crunch is the fitness industry’s fastest-growing high-value, low-price offering.

Who bought Planet Fitness?

The private equity owners of United PF Partners, the largest Planet Fitness franchisee conglomerate, have sold the group to American Securities, another New York-based private equity firm, for an undisclosed sum, the companies announced in a Jan. 6 media release.

Is PLNT a good stock to buy?

The financial health and growth prospects of PLNT, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.

How old is Chris Rondeau?

47How old is Christopher Rondeau? Christopher Rondeau is 47, he’s been the Chief Executive Officer and Director of Planet Fitness since 2013. There are 8 older and 1 younger executives at Planet Fitness. The oldest executive at Planet Fitness, Inc. is Craig Benson, 65, who is the Independent Director.

Why is Planet Fitness stock down?

Planet Fitness (PLNT) stock fell late Tuesday after the gym chain missed earnings and revenue views amid the coronavirus shutdown. The former IBD 50 stock has plunged amid the coronavirus crisis, though it has rallied from lows as lockdown measures ease.

Who started Planet Fitness?

Michael GrondahlMarc GrondahlPlanet Fitness/Founders

How much did Planet Fitness sell for?

The total sale was $23.1 million. Planet Fitness Inc is a franchisor and operator of fitness centers in the United States.

Is Planet Fitness a good gym?

Planet Fitness has a lot of cardio machines, free weights of up to 80 lbs., curl bars, and other strength training equipment. The weight machines and equipment are adequate for the average gym user and are kept clean. Cardio equipment is abundant which is a major advantage since many gyms do not provide enough.

Why is Planet Fitness logo a gear?

With a Gear as their Logo – Planet Fitness has one asset that is anything BUT another cog in the machine. It is a fitness center! Just another gathering of treadmills, clanking weights, and hard charging ellipticals. … The same tools as so many other fitness centers.

How does Planet Fitness make money?

As franchisor, Planet Fitness primarily generates revenue through membership royalties, fees, and branded equipment sales.

How much is Chris Rondeau worth?

As expected of the CEO of one of America’s biggest gym franchises, Rondeau is sitting on a very handsome net worth. According to Wallmine.com, his current fortune is somewhere in the vicinity of $168 million.

Can I wear a tank top at Planet Fitness?

UPDATE: A Planet Fitness representative reached out to clarify the gym’s dress code. “All gyms are required to have signage on the wall that states the policy,” the representative wrote in an email, “which is that jeans, boots, sandals, or string tank tops (men’s muscle T-shirts) are not allowed.

What is the cheapest gym to join?

Five most affordable gym membershipsPlanet Fitness. Planet Fitness advertises itself as a gym for people who don’t like gyms, with ads referring to every Planet Fitness location as a “Judgement Free Zone.” … Cardinal Fitness. … Your Local YMCA. … Gold’s Gym. … LA Fitness.

Can you buy a Planet Fitness franchise?

Planet Fitness’s franchise fee is $10,000 for a 10-year renewable agreement, though the total investment ranges from $700,000 to $3.8 Million. Franchisees must also pay a 5% ongoing royalty fee on all sales to Planet Fitness. To open a gym, a franchisee must have of $3 million with $1,500,000 in liquid assets.

Where did Planet Fitness start?

Sunrise, Florida, United StatesDover, New Hampshire, United StatesPlanet Fitness/Place founded

Can you use Planet Fitness Anywhere?

You can use your membership at any Planet Fitness location, for one, and are allowed to bring a guest for free. You also can take advantage of the gym’s HydroMassage chairs and tanning beds, and you get discounts on drinks and Reebok products.

What is Planet Fitness motto?

“The World Judges, We Don’t. At Planet Fitness, Be Free” campaign is a true evolution of our brand and one that elevates the promise we made to our members over two decades ago – to remain an environment where you can relax, go at your own pace, do your own thing and be free.”