LOADING ERROR LOADING The co-founder of Peloton is stepping down as chief executive after an extended streak of tumult at the exercise and treadmill company, which is also cutting almost 3,000 jobs. He will give up the CEO position and become executive chair at Peloton Interactive Inc. Barry McCarthy, who served as CFO at Spotify as well as at Netflix, …
Peloton CEO John Foley celebrates at the Nasdaq MarketSite before the opening bell and his company’s IPO in September 2019. The co-founder of Peloton is stepping down as chief executive after an extended streak of tumult at the exercise and treadmill company, which is also cutting almost 3,000 jobs. Blackwells sent a presentation to Peloton on Monday outlining “the mismanagement …
