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SoulCycle CEO Melanie Whelan abruptly steps down from post

SoulCycle’s chief executive Melanie Whelan abruptly stepped down Tuesday after a rocky summer for the boutique fitness company, reports said. Whelan, 42, will be replaced in the interim by Sunder Reddy, SoulCycle’s chief financial officer, reports said. Whelan is also leaving the company’s board. “I’m deeply grateful for the opportunity to have led the SoulCycle team and brand over the past nearly eight years during a transformational time for this amazing community,” Whelan said in a statement to CNBC Make It, which first reported the leadership change. “The future is bright for this one-of-a-kind organization and I will be cheering on its continued growth and success.” SoulCycle did not immediately respond to a requ ...