Planet Fitness Franchise Group Core Development and Management Appoints New CEO and President/CFO

CDM is headquartered in Foxborough, Mass., with 69 clubs across Massachusetts, New Hampshire, Rhode Island and Vermont, and 20 clubs in Washington state. CDM is associated with SBJ Capital.

Steve Venezia previously served as real estate counsel for Planet Fitness, handling lease negotiations, mergers and acquisitions, risk mitigation, site review, zoning, permitting, licensing, and related matters for corporate locations. He joined CDM Fitness Holdings in 2020, focusing on real estate and later expanding his responsibilities to mergers and acquisitions, construction, and facilities management, contributing to CDM's growth in locations in New England and the Pacific Northwest. Venezia began his career at Procter & Gamble as a Package Development Planner and, after law school, worked in private practice for Upton & Hatfield before joining Planet Fitness.

He attended Northeastern University for both his undergraduate and law degrees. He lives in New Hampshire with his wife, son and daughter.

“I am honored to have the opportunity to work with our incredible executive leadership team to continue CDM's mission to empower people to improve. We will do so by supporting our members and our teams as we expand our footprint and focus on operational excellence so we can offer fitness to all,” said Venezia. “This foundation will allow us to continue to grow revenue and profit and to reinvest in the continued growth of the company and our people.”

Christopher Derderian now serves as President and CFO of CDM Fitness Holdings, overseeing all aspects of finance, accounting, operations, and information technology. Since joining in 2019, Derderian has contributed to the company’s growth and professional maturation, including involvement in the company’s M&A strategy and leadership teams to expand CDM's portfolio in New England and the Pacific Northwest. He has a background in both public accounting and corporate finance, beginning his career at Graham, Huckins & Shepherd PC before joining Newburg & Company, followed by David Clark Company.

He holds both a Bachelor of Science and a Master of Business Administration from Nichols College. Derderian lives in Charlton, Mass., with his wife and three children.

“I am honored to assume the role of President and excited to build on the strong foundation of CDM while preserving what makes our organization special. CDM’s dedicated team—from our club staff to our support teams in Foxborough, Massachusetts and Kent, Washington—are the heart of our success, and Steve and I are privileged to support their individual journeys,” said Derderian. “We will continue to lead an organization positioned for growth, strengthen our role within the PF system, empower our teams and members to improve and thrive, and enjoy the work we do together.”

In addition to these appointments, CDM Fitness Holdings is pleased to announce the promotions of other key team members: Lynne Davis has been promoted to Chief Human Resource Officer, Laura Barry to EVP of Operations and Becky Smukall to SVP of Marketing.