Tag
#peloton
3 articles
Peloton Has A New Leader
Peloton co-founder John Foley, who has overseen the firm for its entire 10-year history, is stepping down as CEO and will become executive chairman. Barry McCarthy, the former CFO of Spotify and Netflix, will take over as CEO and President of Peloton and join the board of directors.
08 Feb 2022
Peloton's Growth Is Slowing, Cuts Prices
The fitness bike maker is expected to cut the price of its flagship bike as people head back to their local gyms and do less exercise at home. The company is also starting to shift its business mix back toward treadmill sales, which are less profitable than its cycles.
30 Aug 2021
Peloton Goes Corporate
Peloton announced the launch of a corporate wellness program on Tuesday. Businesses that sign up will be able to offer subsidized access to the Peloton digital fitness membership and its high-end cycles and treadmills for employees.
30 Jun 2021
