leadership
confidence high
sentiment neutral
materiality 0.70
Xponential Fitness appoints Danielle Porto Parra as President; details compensation and severance plans
Xponential Fitness, Inc.
- Danielle Porto Parra named President, effective May 18, 2026; previously Chief Brand Officer at McAlister's Deli and GoTo Foods.
- Compensation: base salary $600,000, target bonus 60%, guaranteed 2026 bonus $360,000, sign-on $100,000.
- Equity grant of $2.5M: 50% time-based RSUs (3-year vest) and 50% PSUs (performance period 2026-2028).
- Board adopted Executive Severance Plan with multipliers 0.5-2x salary, health coverage 6-24 months; change-in-control triggers lump sum.
- Omnibus Plan amended to define change-in-control (liquidation/dissolution) and vesting treatment for assumed vs. non-assumed awards.
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