Gym Group PLC (The) Board Changes (7782L)
15 January 2021 - 6:00PM
UK Regulatory
TIDMGYM
RNS Number : 7782L
Gym Group PLC (The)
15 January 2021
15 January 2021
The Gym Group plc
Board Changes
The Gym Group plc (the "Company"), the nationwide operator of
184 low-cost gyms, is pleased to announce that Wais Shaifta and Rio
Ferdinand have been appointed as Independent Non-Executive
Directors of the
Company with effect from 1 February 2021.
Wais and Rio bring a wealth of complementary business and life
experience that will enhance the breadth of knowledge, customer
insight and quality of work of the Board and the wider Executive
team.
Wais has gathered substantial e-commerce expertise from a number
of leading online businesses. He is currently CEO at Push Doctor,
one of the leading digital healthcare companies in Europe, working
in partnership with the NHS to connect thousands of patients each
week with clinicians. Before joining Push Doctor, he was Director
of Global Operations at Europe's largest online beauty marketplace,
Treatwell, and prior to that spent six years with Just Eat,
culminating in the role of International Operations Director in
which he was responsible for overall group operations strategy.
Following his renowned football career, Rio has pursued a number
of interests in business, broadcasting and charity. He has launched
#5Magazine, a lifestyle brand that spans online content and
fashion; he is a television pundit for BT Sport as well as an
author and filmmaker; and he has worked closely with the government
and other influential thinkers on how to reinvigorate communities
in social housing. Through the Rio Ferdinand Foundation, he works
collaboratively with young people and communities to deliver
progression pathways aimed at ensuring young people are socially
mobile and empowered to be independent. Rio is a passionate
advocate for fitness, mental health and well-being and
diversity.
The Company also confirms that Senior Independent Director, Paul
Gilbert, will retire at the AGM in May after nine years with our
business.
The individual Committee responsibilities of Non-Executive Board
members are currently being reviewed and will be announced at the
time of publication of our Annual Report.
Penny Hughes, Chairwoman of The Gym Group plc, commented:
"At The Gym Group we are planning to restart growth as we serve
a changing society that is significantly more conscious of the
benefits of good health and well-being. I am delighted that Rio and
Wais will join our Board bringing real insight to our purpose and
our colleague and membership profile. We will continuously strive
to innovate to be ever more relevant in providing access to
affordable fitness for all. Paul will leave with our sincere
gratitude; he has done more than most in shaping this business from
near start up to significant enterprise and retires with our best
wishes."
Wais Shaifta, commented:
"I am enjoying getting to know The Gym Group and look forward to
contributing to growth by adding my experience of innovative
entrepreneurial businesses in the health and well-being sector.
This proposition is hugely relevant as we recover from the shock of
the Covid 19 pandemic."
Rio Ferdinand commented:
"This is an exciting new step for me. I am a passionate believer
in the wide-reaching mental and physical benefits of living a
healthy and active lifestyle. I have been impressed at how The Gym
Group is breaking down barriers to fitness by providing high
quality gym facilities at low prices with a welcoming and inclusive
culture. I look forward to contributing as a Director to the next
stage of growth."
The Gym Group Board was advised in these appointments by the MBS
Group.
There are no further details required to be disclosed under LR
9.6.13 (1)-(6) for Wais and Rio.
For further information, please contact:
The Gym Group: via Instinctif
Penny Hughes, Chairwoman
Instinctif Partners:
Matthew Smallwood, Justine Warren 0207 457 2005/10
Numis:
Luke Bordewich, George Price 0207 260 1366
Peel Hunt:
Dan Webster, George Sellar 0207 418 8900
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END
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