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TSI’s COO Resigns

Published Monday, January 14, 2008

NEW YORK -- Randall Stephen, chief operating officer at Town Sports International (TSI) resigned today, according to a brief statement from the company. The statement did not give a reason for his resignation or any details on who would replace him. A company spokesperson contacted for this story would not elaborate on the reason for Stephen's departure. Lisa Hufcut, the spokesperson, said that Stephen's responsibilities would be divided up among other executives for now. Stephen's resignation occurs three months after Bob Giardina left the CEO role. Giardina cited personal and health reasons for his departure. He was replaced by Alex Alimanestianu.

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