leadership
confidence high
sentiment neutral
materiality 0.60
F45 appoints Patrick Grosso as interim CFO, Ryan Mayes as COO; extends CFO search deadline to 240 days
F45 Training Holdings Inc.
- Patrick Grosso (Chief Legal Officer) adds interim CFO role; base salary $700k, target bonus $525k.
- Ryan Mayes promoted from Chief Strategy Officer to COO; base salary $575k, target bonus $431,250.
- Luke Armstrong's employment agreement amended as CRO; base $780k, target $585k.
- Side letter with Kennedy Lewis extends permanent CFO search timeline from 60 to 240 days.
- Previous interim CFO Robert Madore resigned on July 9, 2023.