Xponential Fitness Names Brenda Morris Interim CEO, Board Has Removed Anthony Geisler From His Duties And Suspended Him Indefinitely As CEO, Effective Immediately; Discloses Investigation And Reaffirms Guidance
Portfolio Pulse from Benzinga Newsdesk
Xponential Fitness, Inc. (XPOF) announced the appointment of Brenda Morris as interim CEO, replacing Anthony Geisler following his indefinite suspension amid ongoing investigations by the SEC and the USAO. The company reaffirmed its guidance despite these developments.

May 10, 2024 | 7:03 pm
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Xponential Fitness, Inc. has appointed Brenda Morris as interim CEO following the suspension of Anthony Geisler. The company is under investigation by the SEC and the USAO but has reaffirmed its financial guidance.
The appointment of a new interim CEO and the ongoing investigations could introduce uncertainty, potentially affecting investor sentiment. However, the reaffirmation of guidance suggests that the company's operational and financial outlook remains stable, which could mitigate negative impacts. The situation warrants close monitoring as further developments, especially regarding the investigations, could influence the stock's performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100