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Bally Plucks New CEO From 24 Hour

Published Tuesday, June 24, 2008

CHICAGO -- A loss for 24 Hour Fitness is Bally Total Fitness’ gain. Bally announced today it has appointed Michael Sheehan as its new chief executive officer, effective July 1. Sheehan had been the chief operating officer at 24 Hour since 2005 and was with that company the last seven years, also serving as an executive vice president. Bally has not had a CEO since Barry Elson stepped down as acting CEO on May 31, 2007. Elson had taken over for Paul Toback, who was ousted as Bally’s chairman and CEO in August 2006. Don Kornstein had been ...

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