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SoulCycle CEO Melanie Whelan steps down
28 Nov 2019 . BY Tom Walker
Whelan will vacate the role with immediate effect and will also step down as director of the company's board
Photo: Soul Cycle
SoulCycle chief executive Melanie Whelan has resigned from her role, capping off a challenging few months for the indoor cycling operator.

Whelan will vacate the role with immediate effect and will also step down as director of the company's board.

She will be replaced by chief financial officer Sunder Reddy, who has been named interim CEO.

In an emailed letter sent to Soul Cycle employees – widely reported in the US media – Whelan wrote: "I'm deeply grateful for the opportunity to have led our SoulCycle team and brand during a transformational time for this amazing community.

"Having started with SoulCycle when we had only seven studios and a huge dream – I couldn't be more proud of what this team has accomplished together.

"The magic of SoulCycle has always been in those dark studios. The love, the passion, the energy and the spirit of what we do is more important today than ever before. SoulCycle is a one-of-a-kind organization and I will be cheering on your continued growth and success."

Whelan's resignation comes just three months after SoulCycle and boutique studio operator Equinox faced a fierce backlash over their owner's links to controversial US president Donald Trump.

In August, Stephen Ross, the head of Related Companies – which owns the two fitness brands – threw a US$100k-$250k-a-ticket fundraising event for Trump's re-election at his home in the Hamptons, NY.

It led to members of Equinox and SoulCycle taking to social media and expressing their outrage, with many stating their intention to cancel their membership of the high-end chains.

Both Equinox and SoulCycle have consistently focused their marketing and company culture on a liberal agenda.

Founded in 2006, SoulCycle currently operates nearly 100 studios in the US, Canada and the UK.
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Jobs   News   Products   Magazine
PRODUCT NEWS
SoulCycle CEO Melanie Whelan steps down
28 Nov 2019 . BY Tom Walker
Whelan will vacate the role with immediate effect and will also step down as director of the company's board
Photo: Soul Cycle
SoulCycle chief executive Melanie Whelan has resigned from her role, capping off a challenging few months for the indoor cycling operator.

Whelan will vacate the role with immediate effect and will also step down as director of the company's board.

She will be replaced by chief financial officer Sunder Reddy, who has been named interim CEO.

In an emailed letter sent to Soul Cycle employees – widely reported in the US media – Whelan wrote: "I'm deeply grateful for the opportunity to have led our SoulCycle team and brand during a transformational time for this amazing community.

"Having started with SoulCycle when we had only seven studios and a huge dream – I couldn't be more proud of what this team has accomplished together.

"The magic of SoulCycle has always been in those dark studios. The love, the passion, the energy and the spirit of what we do is more important today than ever before. SoulCycle is a one-of-a-kind organization and I will be cheering on your continued growth and success."

Whelan's resignation comes just three months after SoulCycle and boutique studio operator Equinox faced a fierce backlash over their owner's links to controversial US president Donald Trump.

In August, Stephen Ross, the head of Related Companies – which owns the two fitness brands – threw a US$100k-$250k-a-ticket fundraising event for Trump's re-election at his home in the Hamptons, NY.

It led to members of Equinox and SoulCycle taking to social media and expressing their outrage, with many stating their intention to cancel their membership of the high-end chains.

Both Equinox and SoulCycle have consistently focused their marketing and company culture on a liberal agenda.

Founded in 2006, SoulCycle currently operates nearly 100 studios in the US, Canada and the UK.
PRODUCT NEWS
Fisikal chosen as tech partner for ‘JP4’; new health app from fitness expert, Jessie Pavelka
Fitness expert and television host, Jessie Pavelka has collaborated with Fisikal, experts in digital management solutions, to create the new JP4 app, a premium 12-week personal health and fitness transformation programme that takes the user on a journey of change through four key elements of health.
Let's get restarted: Physical Company offers advice on keeping gym members safe
As countries around the world gear up to relax their lockdown rules, there remains a question mark over gyms and studios, which in many markets will be one of the last sectors to be given the green light.
myFitApp launches branded live-streaming as part of its COVID-19 support package
Innovatise, the company behind myFitApp, has announced the immediate availability of its customer- branded live-streaming solution.
EGYM presents Corona Gym Solution, for the successful re-opening of fitness studios
Finally, the time has come: fitness and health facilities around the globe are gradually resuming operations.
Bicester hotel opens purpose-built performance facilities to attract new target audience
The Bicester Hotel and Spa has launched purpose-built fitness and performance facilities to create a standalone, unique offering to attract a new demographic to the site.
EGYM launches digital functionality to help gyms adjust to a post lockdown world
As Governments turn attention to a lockdown exit strategy, the world is bracing itself for a ‘new norm’ where social distancing and heightened hygiene requirements become a part of daily life.
Adidas calls on BLK BOX for flooring solutions at new World of Sports complex
Adidas believes that creators, just like athletes, need an environment that inspires their employees to perform and believe that through sport, we have the power to change lives.
Gympass partners with Wexer to launch on-demand workouts for operators
Gympass has launched Gympass Plus - including an on-demand platform powered by Wexer - for its 2,200+ operator partners. The platform comprises more than 500 workouts from 18 content providers including Zumba and Gaiam.
What’s your Covid-19 exit strategy? How will you use this time to relaunch your business to thrive, not just survive
There is no escaping the fact that we are operating in extraordinary times. Our physical health clubs, gyms and studios are closed and we’re trying to keep our membership engaged, fit and healthy via online and digital training.
Incorpore and MoveGB ink groundbreaking partnership to transform corporate wellness offering
Incorpore and MoveGB have entered into a landmark partnership, combining the UK’s largest provider of corporate gym memberships with the nation’s biggest network of classes.
fibodo launches Fit 4 the Fight initiative to keep people active in the wake of the coronavirus
fibodo, a booking management platform for the fitness industry, has launched Fit 4 the Fight, a new initiative encouraging members of the public to keep active, as well as keep personal trainers and fitness operators working in the wake of the coronavirus.
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FunXtion International BV

[more...]
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CATALOGUE GALLERY
+ More catalogues  

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Technogym mywellness app
Improve your training experience. All your data in a single app. Find out more...
+ More videos  

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+ More directory  
DIARY

 

10-11 Jul 2020

IFBA Live

The Slate at Warwick Conferences, Coventry, United Kingdom
16-17 Jul 2020

APSWC Round Table 2020

Naman Resort, Da Nang, Vietnam
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2020

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