As exercise demands shifted away from the gym amid pandemic-related shutdowns, Peloton hit heights experienced by precious few tech firms. That made the connected fitness company’s crash down to Earth […]
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Back to news homeOn non-founder CEOs, turnarounds and priorities
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Peloton CEO steps down as the company cuts 2,800 jobs
Ahead of today’s Peloton earnings report, John Foley announced that he is stepping down as CEO. The longtime chief executive will remain on as executive chair, with former Spotify CFO Barry […]
Peloton CEO acknowledges corrective actions, denies ‘halting all production’ of bikes and treadmills
Ahead of the company’s upcoming earnings, Peloton CEO John Foley took a break from a “quiet period” to address a number of reports related to poor device sales. The executive […]