The Joint Corp. Appoints Sanjiv Razdan President and Chief Executive Officer
October 14 2024 - 4:15PM
The Joint Corp. (NASDAQ: JYNT) (“The Joint or “the Company”), the
nation’s largest franchisor of chiropractic care through The Joint
Chiropractic® network, welcomes Sanjiv Razdan as its President and
Chief Executive Officer effective today. Razdan will also serve as
a member of the company’s Board of Directors and, as CEO, will
report to the Board. The company also announces the resignation of
Peter D. Holt from his positions as President, CEO, and director of
the Company.
“Sanjiv is a globally experienced consumer services and
franchise business leader,” said Matthew Rubel, the company’s lead
director. “His strength is in building brands, being a culture
champion and driving innovation for sustainable growth. Sanjiv has
a proven track record of leading high performing teams to
accelerate growth and performance. He has also enabled new concept
development and crafted digitally integrated, consumer-focused and
operationally effective retail capabilities.”
Razdan’s experiences, both domestically and internationally,
have been with highly successful and inventive franchise
organizations, such as YUM! Brands, Dine Brands, The Coffee Bean
and Tea Leaf and Sweetgreen.
“I am honored to lead The Joint Corp. and excited to work with
the talented associates, our committed franchisees and the Board to
shape the next phase of the company’s growth,” said Razdan. “By
consistently delivering on our mission to improve quality of life
through routine and affordable chiropractic care, The Joint is
already a global leader in the industry. I am committed to
executing exceptional patient experiences and working with our
franchisees to unlock the full potential of our highly
differentiated market position.”
Rubel added, “We appreciate everything that Peter has done for
the company during his tenure and wish him well in his future
endeavors.”
About Sanjiv Razdan
Razdan grew up in Mumbai, India and earned his Bachelor of
Science degree in Physics and Computer Science from St. Xavier’s
College. He also completed a post-graduate program in Hotel
Administration with ITC Hotels and holds a certificate from Cornell
University in QSR Management.
About The Joint Corp. (NASDAQ: JYNT)
The Joint Corp. (NASDAQ: JYNT) revolutionized access to
chiropractic care when it introduced its retail healthcare business
model in 2010. Today, it is the nation's largest operator, manager
and franchisor of chiropractic clinics through The Joint
Chiropractic network. The company is making quality care convenient
and affordable, while eliminating the need for insurance, for
millions of patients seeking pain relief and ongoing wellness. With
more than 950 locations nationwide and over 13 million patient
visits annually, The Joint Chiropractic is a key leader in the
chiropractic industry. Consistently named to Franchise Times “Top
500+ Franchises” and Entrepreneur’s “Franchise 500” lists and
recognized by FRANdata with the TopFUND award, as well as Franchise
Business Review’s “Top Franchise for 2023,” “Most Profitable
Franchises” and “Top Franchises for Veterans” ranking, The Joint
Chiropractic is an innovative force, where healthcare meets
retail.
For more information, visit www.thejoint.com. To learn about
franchise opportunities, visit www.thejointfranchise.com
The Joint Company Structure
The Joint Corp. is a franchisor and an operator of clinics in
Arkansas, California, Colorado, District of Columbia, Florida,
Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New
Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode
Island, South Dakota, Tennessee, Washington, West Virginia and
Wyoming, The Joint Corp. and its franchisees provide management
services to affiliated professional chiropractic practices.
Media Contact: Margie Wojciechowski, The Joint
Corp., margie.wojciechowski@thejoint.com
Investor Contact: Kirsten Chapman, LHA Investor
Relations, 415-433-3777, thejoint@lhai.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/62cabdcd-bc2c-433e-a4a6-ee2792adc9f1
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