Bally Total Fitness (BFT) Chairman/CEO Toback to Resign
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Bally Total Fitness Holding Corporation (NYSE: BFT) announced the resignation, effective immediately, of Paul A. Toback as Chairman, President and CEO pursuant to a Separation Agreement dated August 10, 2006.
The Company said that Don R. Kornstein has been appointed interim Chairman, and Barry R. Elson has been appointed acting CEO.
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