SoulCycle CEO Melanie Whelan resigns

Melanie Whelan is resigning from her position as chief executive officer of SoulCycle, effective Tuesday, the company told CNBC Make It. Both sides felt it was time for a leadership transition, according to a person briefed on the decision who asked not to be named because those discussions were private. A spokesperson for SoulCycle declined to comment on the impetus for the change. CNBC's Contessa Brewer reports.
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Tue, Nov 26 20193:22 PM EST