Planet Fitness appoints Harmeet Singh to its Board of Directors

Mr. Singh is the Chief Financial and Growth Officer of Levi Strauss & Company, a global apparel company.

Hampton, NH, March 16, 2026 /PRNewswire/ — Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing fitness center operators with more members than any other fitness brand, today announced that Hermit Singh, CEO of Levi Strauss & Co. (NYSE: LEVI) announced the appointment of a chief financial and growth officer. With the appointment of Mr. Singh, the board expands to ten chairmen.

Mr. Singh brings more than four decades of global business and financial leadership with a track record of driving growth and value creation at iconic consumer and hospitality brands. Levi Strauss & Co. As Chief Financial and Growth Officer, he oversees finance, investor relations, mergers and acquisitions, corporate strategy, store and franchise expansion, among other duties, and has played a central role in shaping and executing the company’s financial and operational transformation initiatives. This includes leading the organization through its initial public offering in 2019, accelerating both top- and bottom-line growth while expanding the company’s store footprint by nearly 200 stores over the past five years. He currently sits on the board of Sutter Health and has served on other public company boards over the past decade.

Levi Strauss & Co. Prior to joining, Mr. Singh served as Executive Vice President and Chief Financial Officer of Hyatt Hotels Corporation, where he led Hyatt’s initial public offering and supported global growth initiatives. Earlier in his career, Mr. Singh spent more than a decade with Yum! Brands, in senior financial leadership roles in international markets, as chief financial officer in both Yom! International Restaurant and Pizza Hut.

Stephen Spinelli, Jr. (Ph.D.), Chairman of the Board of Directors, said, “Harmit’s appointment reflects our continued focus on the board’s financial, strategic and operational expertise. He is a proven public company leader with a strong track record of disciplined growth, performance, and value creation on a global scale. I am confident that we will continue to work with Harmit to drive long-term impact on the board and value for our shareholders.”

“As an experienced leader with deep financial acumen and a focus on scaling global consumer and hospitality brands, Harmeet understands the importance of member experience and meeting their evolving needs, while keeping smart growth at the forefront,” said Colin Keating. “His extensive experience in finance, corporate strategy, real estate and franchise business models will be a strong, complementary addition to our board as we continue to innovate to deliver incredible value to our members, franchisees and partners.”

“Planet Fitness has built a highly trusted, accessible brand that delivers extraordinary value to millions of members,” said Mr. Singh. “I am honored to join the board of directors and look forward to contributing to the company’s continued growth, working across franchise and company ownership models to advance their strategic priorities and drawing on my experience in scaling global consumer businesses.”

About Planet Fitness
Founded in 1992 in Dover, NH, Planet Fitness is the largest and fastest growing franchisor and operator of fitness clubs in the world by number of members and locations. As of December 31, 2025, Planet Fitness had approximately 20.8 million members and 2,896 clubs in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain. The company’s mission is to improve people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgment Free Zone. Approximately 90% of Planet Fitness clubs are owned and operated by independent business owners.

Visible Statements
This press release contains “forward-looking statements” within the meaning of federal securities laws that involve risks and uncertainties. The forward-looking statements include statements by the Company regarding Mr. Singh’s expected contribution to the Board of Directors and other statements that do not relate solely to historical facts. Forward-looking statements are not guarantees of future performance. Instead, they are based solely on the company’s current beliefs, expectations and assumptions about the future of the business, future plans and strategies, estimates, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in conditions that are difficult to predict and are largely beyond the Company’s control. Actual results and financial condition may differ from those reflected in the forward-looking statements. Important factors that could cause our actual results to differ materially include competition in the fitness industry, the Company’s and franchisees’ ability to attract and retain members, the Company’s and franchisee’s ability to identify and secure suitable sites for new franchise clubs, changes in consumer demand, changes in equipment costs, the Company’s ability and the Company’s ability to incur new costs and spend in the international market. Franchises generally, the availability and cost of capital for franchisees, acquisition activity, developments and changes in laws and regulations, our significant debt and our ability to incur additional debt or refinance in the future, our future financial performance and ability to make principal repayments and our tax restructuring structure, our tax restructuring agreement. The Company’s information systems or technology failures, intrusions or security breaches, general economic conditions and other factors are disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as well as in the Company’s other filings with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in forward-looking statements, investors should not place undue reliance on forward-looking statements, which reflect the company’s views only as of the date of this press release. Except as required by law, neither the Company nor any of its affiliates or agents undertakes any obligation to provide additional information or to correct or update any information presented in this publication, whether as a result of new information, future developments or otherwise.

Source Planet Fitness, Inc.