ClassPass CEO denies speculation she’s on her way out

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Photo: Sultan Khan

You may still be digesting the news that ClassPass now costs $200 a month (and longing for the days when it was $99), but there may be even bigger changes happening at the fitness booking app: According to the New York Post, CEO and co-founder Payal Kadakia is reducing her role at the startup.

Sources tell the Post that Kadakia has been spending more time at Sa Dance Company, an Indian dance group she founded in 2008. And, according to the Post‘s sources, Fritz Lanman (an early company backer and executive chairman since 2014) has become the “boss” of the company—though Kadakia denies that.

Is Kadakia leaving? “Nope, not going anywhere,” she tells Well+Good. “But I have built an awesome team at the helm of ClassPass which has helped me stay more connected to the things I love and am passionate about.”

A spokesperson for ClassPass told us that Kadakia’s involvement in her dance company is nothing new, and “ClassPass was founded as a result of her efforts to keep dance in her life.”

Missed the news on ClassPass’s changes? Catch up here. And speaking of corporate ch-ch-changes, see why SoulCycle’s founders stepped down from their mega-company. 

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