Adam Gilchrist, who co-founded functional fitness brand F45 Training and had severed as its CEO, has resigned from its board of directors.
F45 will have six months from March 31 to file the form needed to regain compliance with the NYSE listing standards.
Wahlberg Week, a series of workout classes designed by the actor, comes to participating F45 studios April 17-23.
Total compensation for F45 CEO Tom Dowd could reach as high as $2.5 million, while Mark Wahlberg will earn far less.
Mark Wahlberg as Chief Brand Officer & Tom Dowd as CEO are meant to accelerate F45’s strategy & take the fitness company to the next level.
F45 has announced some big, formal changes to the foundation of actor Mark Wahlberg-backed fitness franchise.
F45 investor and Hollywood actor Mark Wahlberg could be seen in another advertorial video of the brand in the future.
Pro golfer Greg Norman is reportedly joining David Beckham in his lawsuit against F45, with both claiming non-payment.
F45 Training is reportedly forming a special committee to review the offer from Kennedy Lewis Investment Management.
So what caused F45 to fall so fast? An F45 spokesperson told Athletech News that the changes were made to “enable us to focus our...
Sign Up to Our Newsletter