Business
Xponential Fitness, Inc. Initiates Review of Strategic Alternatives to Maximize Shareholder Value
IRVINE, Calif., April 07, 2026--Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Company"), one of the leading global franchisors of boutique health and wellness brands, today announced its Board of Directors has initiated a review of strategic alternatives to maximize shareholder value.
About this update from Xponential Fitness, Inc.
[{"type":"text","content":"Appoints Nicole Parent Haughey to Board of Directors","length":52,"tagName":"p","attribs":{}},{"type":"text","content":"IRVINE, Calif., April 07, 2026--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Company"), one of the leading global franchisors of boutique health and wellness brands, today announced its Board of Directors has initiated a review of strategic alternatives to maximize shareholder value.","length":336,"tagName":"p"},{"type":"text","content":"As part of this process, the Board’s independent directors will evaluate a range of potential alternatives, which may include a sale of the Company, a merger, or another strategic or financial transaction. The Company has engaged Jefferies LLC as its financial advisor for the strategic review process.","length":302,"tagName":"p"},{"type":"text","content":"Rachel Lee and Lily Yang, Independent Directors on Xponential’s Board, said, "Our Board is firmly focused on maximizing value for shareholders, and we are confident that undertaking a thorough and disciplined review of the opportunities available to the Company will determine the best path forward."","length":310,"tagName":"p"},{"type":"text","content":"Mike Nuzzo, CEO of Xponential, said, "Xponential has built a differentiated platform with a leading portfolio of boutique fitness brands and an asset-light franchise model. While the Board conducts this process, the Xponential team is continuing to execute our strategy to position our brands for success."","length":316,"tagName":"p"},{"type":"text","content":"Separately, the Board has appointed Nicole Parent Haughey as an independent director. Jair Clarke, Chelsea A. Grayson and Bruce Haase have stepped down from the Board.","length":167,"tagName":"p"},{"type":"text","content":"Nicole Parent Haughey is a seasoned public company director, former Fortune 50 executive, and operator with a strong track record of value creation. She brings nearly two decades of experience on Wall Street, followed by senior operating and board roles, providing deep expertise in strategy, M&A, capital allocation and financial discipline. Ms. Parent Haughey is the founder of Halsey Loganberry Growth Advisors and currently serves on the Board of Directors of Allegion plc (NYSE: ALLE), a global provider of security products and s...