Author: Teresa Hartford

Chad Smith, owner of Fitness Growth Capital, has found the opportunity to help develop the Crunch brand through his passion for the industry. The company operates 59 gyms nationwide, including nine Crunch locations.

The global fitness provider, announced that Mohammed (Mo) Iqbal has joined the company in the newly created role as chief strategy. As the founder and CEO of SweatWorks, a digital agency specializing in fitness technology, he has been “at the forefront of AI, interoperability and data-driven personalization.”

Rick Paschal, executive vice president and chief financial officer of TaylorMade, has been appointed the new chair of the Board of Directors of Youth on Course, a non-profit that offers kids opportunities through golf that will have a life-long impact.

Tim Campbell will open a 37,000-square-foot facility in Ocala, FL, featuring 13 professional-grade indoor courts in Summer 2025. The franchisee is a senior operations manager with extensive private and law enforcement experience.

The Concord, NC gym is a franchised location owned by Kim and Peter Betz, with a targeted a mid-November soft opening.

Before joining Madison Square Gardens Corp. in 2008, Jamal Lesane worked as an associate counsel at HBO, providing legal support and counsel to HBO Sports and HBO Licensing and Retail. Before that, he was a corporate lawyer at Covington and Burling LLP. He received his J.D. from Harvard Law School.

As director of business operations for North America, Matt King has over a decade of experience overseeing operational efficiencies, improving processes and managing resources, most recently at RSR Group, Inc.

The proceeds will reportedly support growth and strengthen the company’s balance sheet.