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Planet Fitness Inc (PLNT.N)

PLNT.N on New York Stock Exchange

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Summary

Name Age Since Current Position

Stephen Spinelli

63 2017 Independent Chairman of the Board

Dorvin Lively

59 2017 President, Chief Financial Officer

Christopher Rondeau

45 2013 Chief Executive Officer, Director

Craig Miller

56 2017 Chief Digital & Information Officer

Roger Chacko

2018 Chief Commercial Officer

Raymond Miolla

2018 Chief Development Officer

Craig Benson

63 2017 Director

David Berg

57 2015 Independent Director

Cammie Dunaway

55 2017 Independent Director

Frances Rathke

57 2016 Independent Director

Biographies

Name Description

Stephen Spinelli

Mr. Stephen Spinelli, Jr. is Independent Chairman of the Board of the Company. He currently serves as Chancellor of Thomas Jefferson University, a position he has held since June 2017. Previously, Dr. Spinelli served as President of Philadelphia University from June of 2007 until June 2017. Dr. Spinelli co-founded Jiffy Lube International, Inc. in 1979 under the leadership of his college football coach. Three years later, Dr. Spinelli became a franchisee and remained a director of the Company. He grew to become Jiffy Lube’s largest franchisee. Dr. Spinelli has also previously served as Chief Executive Officer of the American Oil Change Corporation. He also currently serves on the Board of Advisors of the Berwind Corporation. He received his Ph.D. in economics from The Management School, Imperial College, University of London, his M.B.A. from Babson College and his Bachelor’s Degree in Economics from McDaniel College.

Dorvin Lively

Mr. Dorvin Lively is President, Chief Financial Officer of the Company. Mr. Lively, a 30-year veteran of corporate finance for various retail and consumer-products companies, leads our technology, franchise development, construction and real estate functions, as well as finance and strategic long-term planning. Prior to joining Planet Fitness, from August 2011 to July 2013, Mr. Lively served as Executive Vice President, Chief Financial Officer, interim Chief Executive Officer and Chief Administrative Officer for RadioShack Corporation. In these positions, Mr. Lively led the company’s finance, treasury, financial planning, investor relations, supply chain and dealer franchise functions. Prior to RadioShack, Mr. Lively served as Chief Financial Officer at Ace Hardware Corp. His experience also includes previous positions at Maidenform Brands, Toys R Us, The Reader’s Digest Association and Pepsi-Cola International. Mr. Lively is a Certified Public Accountant (Inactive) and received his Bachelor’s Degree from the University of Arkansas.

Christopher Rondeau

Mr. Christopher Rondeau is Chief Executive Officer and Director of the Company. He previously served as our Chief Operating Officer since 2003. Mr. Rondeau joined Planet Fitness in 1993, one year after our original founders, Michael and Marc Grondahl, started the Company in 1992. Throughout the years, he has played a critical role working side by side with them to develop and refine the unique, low-cost/high-value business model and lean operating system that we believe revolutionized both the fitness and franchising industry. Because of his leadership experience, role as Chief Executive Officer and history with Planet Fitness, we believe Mr. Rondeau is well qualified to serve on our Board.

Craig Miller

Mr. Craig Jeffrey Miller is Chief Digital & Information Officer of the Company. He has served as Chief Digital & Information Officer of Planet Fitness since September 2017, where he drives the vision and leadership of the Company’s technology innovation as well as managing its digital information systems. Miller brings more than 20 years of experience in building industry-leading technology systems and innovative customer facing applications within prominent consumer companies. Most recently, he served as Senior Vice President and Chief Information and Technology Officer at Sonic Drive-In, where he was responsible for developing and executing the technology transformation strategies and services, including customer experience, digital engagement, store operations, advanced analytics, and corporate solutions. Prior to joining Sonic, he served as Executive Vice President and Chief Information Officer at Movie Gallery/Hollywood Video where he led strategic planning and development for the implementation of a new retail technology portfolio for all business functions. Mr. Miller previously held several senior technology roles at Bank of America, PepsiCo, and a software development firm that specialized in large-scale enterprise solutions and consumer products. He received his Bachelor’s degree from SUNY Stony Brook and Master’s from the Polytechnic Institute of New York University.

Roger Chacko

Mr. Roger Chacko is Chief Commercial Officer of the Company. Chacko has been with the Company since March 2018 on a consulting basis where he has served as interim Chief Marketing Officer. He joins Planet Fitness with more than 25 years of senior global leadership experience, most recently serving as EVP, Global Chief Commercial and Branding Officer at Carlson Hotel Group. Prior to that, Chacko served as EVP, Chief Strategy Officer at Bloomin' Brands, Inc. and EVP, Chief Marketing Officer of USAA. Additionally, Chacko has previously held various senior executive marketing, strategy, and P&L roles at leading consumer brands, such as Mars, Kellogg's and Danone.

Raymond Miolla

Mr. Raymond Miolla is Chief Development Officer of the Company. He joins Planet Fitness with over 20 years of real estate and development experience in domestic and international franchising from global brands like Gap, Burger King and Jamba Juice. Most recently, he served as Senior Vice President, Global Real Estate, Store Development and Franchise Services at Gap, Inc. responsible for all brands including Gap, Banana Republic, Old Navy, Athleta and outlet stores. While at Gap, Inc. Mr. Miolla opened over 150 new stores annually worldwide and grew the franchise business from the ground up to more than 400 locations in over 40 countries. A lawyer by trade, he also served as Deputy General Counsel for Gap, Inc. for several years, overseeing franchise services. Previously, Mr. Miolla served as Vice President, Real Estate, Franchise and Business Development for Jamba Juice where he led the Real Estate and Franchise Divisions and helped to take the company public. Additionally, he spent nearly a decade with Burger King overseeing more than 1,700 franchise locations and staff in all major operating areas including field marketing, operations, field training, and real estate.

Craig Benson

Gov. Craig Benson serves as Director of the company. He serves as the Chief Executive Officer at Soft Draw Investments, LLC. He previously served as the 79th Governor of the State of New Hampshire. During his tenure, the Cato Institute recognized Gov. Benson as the most effective new governor in the country, as well as the second most effective of all governors nationwide. In 1983, Gov. Benson co-founded Cabletron Systems, Inc., a leading provider of networking solutions, and thereafter served as its Chairman from 1983 to July 1999. Gov. Benson served at various times as Cabletron’s CEO, COO and President, helping take the company from a garage start-up to a publicly traded company with 7,000 employees and annual sales exceeding $1.6 billion. He currently serves as Trustee of Lahey Health System, Inc. and is a member of the Board of Trustees at Lahey Hospital & Medical Center. He also serves as the Vice Chairman of the Trustees of Babson College. He previously served as a Director of Sycamore Networks Inc. from October 2007 to April 1, 2013. Gov. Benson graduated from Babson College with a degree in Finance and completed an MBA in Operations Management from Syracuse University. He also holds honorary degrees from Dartmouth College, the University of New Hampshire and Grand Valley State University. Because of his franchising and executive leadership experience, we believe Gov. Benson is well qualified to serve on our Board.

David Berg

Mr. David P. Berg is Independent Director of the Company. He most recently served as Chief Executive Officer of Carlson Hospitality Group from May 1, 2015 until March 1, 2017, where he led the Carlson corporate center and managed the global hotel business. Mr. Berg previously served as Chief Executive Officer and Chief Customer Service Officer for Z Wireless, the fastest growing reseller of Verizon services. Mr. Berg also served as Executive Vice President and President of Outback Steakhouse International, overseeing more than 200 restaurants in 20 countries. Additionally, Mr. Berg served as Chief Operating Officer of GNC Holdings Inc. Prior to that, he was Executive Vice President and Chief Operating Officer of Best Buy International. Mr. Berg currently serves on the board of directors for the Miller Retailing Center at the University of Florida and the Walker Art Center. He received a Bachelor of Arts degree in economics from Emory University and a law degree, with honors, from the University of Florida College of Law.

Cammie Dunaway

Ms. Cammie Dunaway serves as Independent Director of the Company. Ms. Dunaway is a private consultant who supports organizations with strategic initiatives to accelerate growth and innovation, and coaches leaders on how to achieve maximum results, impact and enjoyment. Ms. Dunaway previously served as the U.S. President and Global Chief Marketing Officer of KidZania, an international location-based entertainment concept focused on children’s role-playing activities, from October 2010 to December 2014 and remains an advisor to the company. From October 2007 to October 2010, Ms. Dunaway served as Executive Vice President for Nintendo, with oversight of all sales and marketing activities for the company in the United States, Canada and Latin America. Before joining Nintendo, Ms. Dunaway was Chief Marketing Officer for Yahoo! from June 2003 to November 2007. Prior to joining Yahoo!, Ms. Dunaway was at Frito-Lay for 13 years in various leadership roles in sales and marketing, including serving as the company’s Chief Customer Officer and as Vice President of Kids and Teens brands. Ms. Dunaway has served as a member of the Board of Directors for Red Robin Gourmet Burgers, Inc. since 2014, serving as the Chair of the Nominating & Governance Committee, as well as a member of the Compensation Committee. She previously served as a member of the Board of Directors for Marketo, Inc. from 2015 to 2016, and for Brunswick Industries from 2006 to 2014. Ms. Dunaway holds a Bachelor of Science degree in business administration from the University of Richmond and an M.B.A. from Harvard Business School.

Frances Rathke

Mrs. Frances Gregg Rathke is Independent Director of the Company. Ms. Rathke previously served as Chief Financial Officer and Treasurer of Keurig Green Mountain, Inc. for 12 years, where she was responsible for leading the company’s finance organization, overseeing $1.5 billion in acquisitions and playing a leading role in capital raises and strategic investments. Prior to Keurig, she was interim Chief Financial Officer for Wild Oats Markets, Inc. Prior to her role at Wild Oats, Ms. Rathke served as Chief Financial Officer and Secretary for 11 years at Ben & Jerry’s Homemade, Inc. where she oversaw the company’s overall financial plans, policies and procedures, after serving there as Controller. Ms. Rathke is a current member of the Board of Directors of Green Mountain Power Corporation, Citizens Cider and the Flynn Center for Performing Arts. Ms. Rathke is a Certified Public Accountant (inactive), with a Bachelor of Science degree in Accounting from the School of Business at the University of Vermont.

Basic Compensation

Name Fiscal Year Total

Stephen Spinelli

147,295

Dorvin Lively

1,777,150

Christopher Rondeau

2,875,590

Craig Miller

437,628

Roger Chacko

--

Raymond Miolla

--

Craig Benson

96,037

David Berg

87,317

Cammie Dunaway

92,491

Frances Rathke

136,132
As Of  30 Dec 2017