Xponential Fitness CEO Mark King to Retire

Xponential Fitness begins CEO search as Mark King announces retirement following a short but strategic tenure

Xponential Fitness Inc. CEO and director Mark King plans to retire due to health reasons, the boutique fitness and wellness franchisor announced Thursday morning. He will remain in the role while a search for his successor is underway.

King, who was named Xponential’s CEO in June 2024, previously served as CEO of Taco Bell, president of Adidas North America and CEO of TaylorMade.

“It has been an honor to lead Xponential’s team through a critical and transformative period,” King said. “During my time as CEO, I leveraged my extensive experience in scaling global franchises to strengthen and broaden the appeal of our category-leading fitness brands. I helped stabilize the company through a focus on franchisee health and creating a customer-centric culture and laid out a strategy for the next phase of growth. Additionally, I appointed key executives to build a world-class leadership team to fulfill the vision of becoming the global franchisor of choice in health and wellness. I look forward to showcasing our new team at Xponential’s upcoming Analyst and Investor Day.”

The event will be held at the New York Stock Exchange on May 29 at 9 a.m., featuring presentations by King and CFO John Meloun, as well as newly appointed executives John Kawaja, president of North America, and Tim Weiderhoft, COO.

“On behalf of the entire Board of Directors, I commend Mark for his contributions and dedication to supporting franchisees and his positive impact on the company,” Xponential Fitness chairman Mark Grabowski said. “It has been a privilege to work with Mark, and we wish him the best in his retirement. The Board is committed to running a thorough search and onboarding process and appreciates Mark’s continued support to ensure a seamless leadership transition.”