12th Jan 2023 15:00
Gym Group PLC - Croydon, England-based operator of low-cost gyms - Richard Darwin will step down as chief executive after seven years as CEO and chief financial officer. Founder & Chair John Treharne will be executive chair until a new CEO is found. During Darwin's time in charge, chain grows from 63 to 229 gyms. Membership numbers climb again in 2022, though Gym Group is taking a "more measured" approach to site openings this year amid tough economic conditions. Total year-end membership is up 14% to 821,000. Read More