Town Sports International Holdings, Inc., on March 23, 2020, announced that, in connection with the termination of the Services Agreement, the company terminated Helen Van Ness as interim Chief Financial Officer. The termination of Ms. Van Ness is effective immediately and was not due to any disagreement with the company on any matter relating to the company’s operations, policies or practices. The company has appointed Phillip Juhan as Chief Financial Officer with immediate effect as of March 23, 2020. Mr. Juhan has served as Vice President of Business Operations for the company since August 13, 2018. Mr. Juhan brings a number of years of progressive experience in both financial and entrepreneurial leadership roles. From 2002 to 2014, Mr. Juhan worked in the Investment Banking Divisions of Prudential Financial and the Bank of Montreal, where he led consumer focused research within the Financial Services (Real Estate, Gaming and Lodging) and Consumer (Broadlines Retail and Restaurants) sectors. Since 2014, Mr. Juhan has served as Founder and President of B.L.K. LLC and as Founder and General Partner of Simple PropCo LLC.