Xponential Fitness, Inc. Appoints Chelsea A. Grayson to Board of Directors
Grayson’s Appointment Establishes the Board’s Independency, Expanding Current Board to Four Members
IRVINE, Calif. - BUSINESS WIRE) - October 21, 2021 - Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or “the Company”), a curator of boutique fitness brands, announced that effective today Chelsea A. Grayson has been appointed to serve as an independent director. Ms. Grayson will also serve on the Company’s Audit Committee.
Mark Grabowski, Chairman of the Board of Xponential Fitness, commented, “We are thrilled to welcome Chelsea to Xponential’s Board of Directors. Chelsea is an experienced public company CEO and board member for global companies. Her current role on the board of Spark Networks, which, similar to that of Xponential, also manages a portfolio of leading brands, should prove especially beneficial. Chelsea will add an important perspective as we continue to execute Xponential’s growth strategies.”
Anthony Geisler, CEO of Xponential Fitness, added, “I am honored to welcome Chelsea to our Board. Chelsea’s deep experience growing leading apparel and retail brands should be exceptionally helpful to Xponential as we work to grow retail and merchandise sales across our network of over 2,000 studios. I look forward to working closely with Chelsea to continue our efforts to make boutique fitness accessible to all.”
Ms. Grayson currently serves as an Executive-in-Residence at Wunderkind (formerly BounceX), a leading marketing technologies provider. Prior to her current role, Ms. Grayson served as CEO of True Religion, Inc., a formerly public denim company based in Los Angeles. Before True Religion, she was the CEO and a member of the Board of Directors at American Apparel Inc., a formerly public, vertically integrated apparel manufacturer also based in Los Angeles, which Ms. Grayson ultimately helped to successfully sell to Gildan Activewear Inc. Ms. Grayson began her career in the legal space and was a partner in the M&A practice for Jones Day, where she ran the firm’s M&A practice for the California region.
Ms. Grayson currently serves on several other boards of directors, including that of Spark Networks, Goodness Growth Holdings and iHerb, and is Chairperson of the Board of Directors of Lapmaster Group Holdings. She is a member of the UCLA Board of Visitors in the English Department and a Board Leadership Fellow with the National Association of Corporate Directors. Ms. Greyson received her JD from Loyola Law School and a BA from the University of California, Los Angeles.
SOURCE Xponential Fitness, Inc.
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