Sunday, February 01, 2009

Changes at Gold's Gym Staying Competitive

Gold's Gym continues to make changes to stay competitive in the fitness industry. Fitness Business Pro covers recent updates. Here's an excerpt and link to the full story:

IRVING, TX -- More than two months after David Schnabel’s resignation as CEO of Gold’s Gym International (GGI), the company has made more sweeping changes at its corporate headquarters.

Chief Operating Officer Mike Feinman, who joined GGI from 24 Hour Fitness less than a year ago, is no longer with the company. GGI eliminated Feinman’s position, according to a GGI memo sent to franchisees last week by new CEO James Weaver. Also, Chief Financial Officer Randy Shultz is leaving Gold’s, effective Feb. 7, to become a principal with an equity investment company in Philadelphia (full story here).


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