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24 Hour Fitness Worldwide Holdings Inc., San Ramon, CA, announced today that president and CEO Carl Liebert has resigned, effective Friday.
Liebert has accepted the role as president of USAA Capital Corp., a San Antonio-based financial services company, 24 Hour Fitness said in a press release.
"24 Hour Fitness confirms that Carl Liebert has decided to pursue a new career opportunity, effectively concluding his role as president and chief executive officer on May 17, 2013," the company said in a statement. "24 Hour Fitness remains committed to helping people improve their lives through fitness and is grateful for the contributions he made during his tenure that have helped build our company into a fitness industry leader. We wish him the best of luck in his next endeavor."
Liebert's resignation comes two months to the day after he announced 12 layoffs in the 24 Hour executive team and other organizational moves within the company. A source tells Club Industry that Liebert had intended to resign just a few days after that announcement, but a member of the 24 Hour board of directors encouraged Liebert to stay with the company, according to...