According to a regulatory filing, Adam Gilchrist, one of the founders of F45 Training Holdings, resigned as a member of the board of directors on April 21.

The board change comes as F45 on March 30 named Tom Dowd as CEO and Mark Wahlberg as chief brand officer after announcing $90 million in new financing.

In mid-April, F45 received a notice from the New York Stock Exchange (NYSE) that it was not in compliance for failing to file its annual report timely with the Securities and Exchange Commission (SEC).