Weaver Out as Gold’s Gym CEO

IRVING, TX -- Another year, another new CEO for Gold’s Gym International. James Weaver has resigned as president and CEO of the company.

Jim Caldwell, president and CEO of TRT Holdings, the parent company of Gold’s, sent an e-mail to Gold’s Gym licensees and vendors this week informing them of the news.

“On behalf of TRT Holdings and the management team at GGI, I want to personally thank James for all of his contributions to the business over the last year,” Caldwell wrote in the message.

Jim Snow takes over as the new president of Gold’s. He becomes the third leader of the company in the past 12 months. David Schnabel resigned as CEO last November and was replaced by Weaver, who had co-founded Tecnol Medical Products and worked for Johnson & Johnson.

Snow is an executive with Omni Hotels, a sister company of TRT Holdings. He joined Omni Hotels in 1992 as its director of sales and marketing and most recently served as regional vice president of operations for the Texas region.

“[Snow] brings an extensive track record of sales, retail, marketing and management experience in a multi-unit, service environment,” Caldwell wrote. “He is one of the most respected executives in the Omni organization and has won multiple awards throughout his career.”

Caldwell added that Snow will be reaching out to franchisees over the next few days and weeks to introduce himself and to hear their perspectives on the business.

Shortly after Weaver took over at Gold’s, the company made more changes, including the elimination of its chief operating officer, Mike Feinman, who had been with the company less than a year.

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