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NEWS
SoulCycle CEO Melanie Whelan steps down
POSTED 28 Nov 2019 . BY Tom Walker
Whelan will vacate the role with immediate effect and will also step down as director of the company's board Credit: Soul Cycle
SoulCycle chief executive Melanie Whelan has resigned from her role, capping off a challenging few months for the indoor cycling operator.

Whelan will vacate the role with immediate effect and will also step down as director of the company's board.

She will be replaced by chief financial officer Sunder Reddy, who has been named interim CEO.

In an emailed letter sent to Soul Cycle employees – widely reported in the US media – Whelan wrote: "I'm deeply grateful for the opportunity to have led our SoulCycle team and brand during a transformational time for this amazing community.

"Having started with SoulCycle when we had only seven studios and a huge dream – I couldn't be more proud of what this team has accomplished together.

"The magic of SoulCycle has always been in those dark studios. The love, the passion, the energy and the spirit of what we do is more important today than ever before. SoulCycle is a one-of-a-kind organization and I will be cheering on your continued growth and success."

Whelan's resignation comes just three months after SoulCycle and boutique studio operator Equinox faced a fierce backlash over their owner's links to controversial US president Donald Trump.

In August, Stephen Ross, the head of Related Companies – which owns the two fitness brands – threw a US$100k-$250k-a-ticket fundraising event for Trump's re-election at his home in the Hamptons, NY.

It led to members of Equinox and SoulCycle taking to social media and expressing their outrage, with many stating their intention to cancel their membership of the high-end chains.

Both Equinox and SoulCycle have consistently focused their marketing and company culture on a liberal agenda.

Founded in 2006, SoulCycle currently operates nearly 100 studios in the US, Canada and the UK.
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  FEATURE: Thought leaders: Equinox, Soul Cycle and Trump


Equinox and Soul Cycle lost members when it became known that the CEO of their parent company hosted a fundraiser for Donald Trump. What can we learn?
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NEWS
SoulCycle CEO Melanie Whelan steps down
POSTED 28 Nov 2019 . BY Tom Walker
Whelan will vacate the role with immediate effect and will also step down as director of the company's board Credit: Soul Cycle
SoulCycle chief executive Melanie Whelan has resigned from her role, capping off a challenging few months for the indoor cycling operator.

Whelan will vacate the role with immediate effect and will also step down as director of the company's board.

She will be replaced by chief financial officer Sunder Reddy, who has been named interim CEO.

In an emailed letter sent to Soul Cycle employees – widely reported in the US media – Whelan wrote: "I'm deeply grateful for the opportunity to have led our SoulCycle team and brand during a transformational time for this amazing community.

"Having started with SoulCycle when we had only seven studios and a huge dream – I couldn't be more proud of what this team has accomplished together.

"The magic of SoulCycle has always been in those dark studios. The love, the passion, the energy and the spirit of what we do is more important today than ever before. SoulCycle is a one-of-a-kind organization and I will be cheering on your continued growth and success."

Whelan's resignation comes just three months after SoulCycle and boutique studio operator Equinox faced a fierce backlash over their owner's links to controversial US president Donald Trump.

In August, Stephen Ross, the head of Related Companies – which owns the two fitness brands – threw a US$100k-$250k-a-ticket fundraising event for Trump's re-election at his home in the Hamptons, NY.

It led to members of Equinox and SoulCycle taking to social media and expressing their outrage, with many stating their intention to cancel their membership of the high-end chains.

Both Equinox and SoulCycle have consistently focused their marketing and company culture on a liberal agenda.

Founded in 2006, SoulCycle currently operates nearly 100 studios in the US, Canada and the UK.
RELATED STORIES
FEATURE: Thought leaders: Equinox, Soul Cycle and Trump


Equinox and Soul Cycle lost members when it became known that the CEO of their parent company hosted a fundraiser for Donald Trump. What can we learn?
MORE NEWS
The Park Playground opens first immersive VR franchise in Porto
The Park Playground, has opened its first Immersive VR franchise in Porto, Portugal.
Bridgerton Season three – most Instagrammed locations
Following the release of season three Of Bridgerton, a study reveals its ten most Instagrammable filming locations.
Getty Museum refuses to surrender prized Greek bronze to Italy
The European Court of Human Rights has recognised Italy’s claim to a prized Greek antiquity.
Merlin unveils record-breaking Hyperia coaster at Thorpe Park
Merlin Entertainments has launched its new Hyperia rollercoaster at Thorpe Park to celebrate its 45th year.
Second Chaos Karts launches in Dubai
Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai.
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Twenty-five cameras, nine servers, 70 projectors and a range of AV technologies are being used to bring the art of Van Gogh to life in Ho Chi Minh City, Vietnam.
+ More news   
 
COMPANY PROFILES
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
03-08 Sep 2024

Spa Peeps International Corporate Cruise

Cruise London, Amsterdam, Zeebrugge, United States
+ More diary  
 


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