Image courtesy of Blink Fitness.
Blink Fitness announced it has promoted two key executives. Todd Magazine, the former president, has been promoted to CEO; and David Collignon, the former vice president of operations, has been promoted to senior vice president of operations.
“Todd’s vision and tenacity have propelled Blink Fitness into a thriving bi-coastal, multi-state brand,” said Harvey Spevak, executive chairman and managing partner of Equinox Holdings, Blink’s parent company, in a statement. “He has simultaneously established the brand as a highly differentiated player and transformed Blink into an autonomous, profitable business. Under his leadership, we look forward to a future of sustained, strong performance and continued growth.”
Magazine joined Equinox in 2012 as the executive vice president of new business, before transitioning exclusively to the Blink brand a year later.
Today, Blink Fitness has 70 locations and has begun franchising the concept to complement its company-owned growth efforts.
“The last six years have been the most fun and rewarding of my career,” said Magazine, in a statement. “And the best part is that we are only getting warmed up. The runway for this business is as far as the eyes can see. We have an awesome brand, an incredible business model, and the most dedicated and passionate people I have ever worked with.”
Collignon joined Blink Fitness in 2016. With this promotion, his responsibilities will be expanded to include franchise operations.
“Under David’s leadership, the business has seen a significant reduction in member attrition, as well as staff turnover,” said Magazine, in a statement. “He also helped turbo charge Blink’s personal training and retail businesses, both of which grew exponentially over the past year.”