Greg Glassman, the founder and chief executive of CrossFit Inc., said he had decided to retire after his inflammatory remarks about the killing of George Floyd prompted sponsors and gym owners to cut ties with his company.

“On Saturday I created a rift in the CrossFit community and unintentionally hurt many of its members,” Mr. Glassman said in a statement. “I cannot let my behavior stand in the way of HQ’s or affiliates’ missions.”

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