John Foley

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April 19, 2022

Peloton customers are already airing their frustrations over the new price model that has been introduced by CEO Barry McCarthy. Last week, the fitness tech brand announced it was changing…

Activist Peloton investor unimpressed with new CEO’s impact

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April 13, 2022

Activist Peloton investment group Blackwells Capital LLC, the same shareholder which called for the company to sack its co-founder John Foley, has claimed that new CEO Barry McCarthy has failed…

Peloton founder John Foley offloads $50m of stock

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March 3, 2022

Companies Mobile & Apps News

Peloton co-founder and executive chair John Foley has sold around $50 million of stock to MSD Partners, marking his largest stake sale. The move comes a matter of weeks after…

Peloton CEO Barry McCarthy ponders new subscription model

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February 23, 2022

Peloton’s new chief executive Barry McCarthy is pondering a new subscription model in order to lower the upfront cost of the brand’s expensive machines. He told the New York Times …

Peloton knowingly sent out rusting bikes to customers during heights of pandemic

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February 17, 2022

Peloton knowingly distributed rusting bikes to its customers during the heights of the pandemic when it was struggling with its surging demand, the Financial Times reported. The report claims that…

Three more Peloton execs have left the company as the shake-up continues

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February 16, 2022

Three more of Pelotons’s senior executives have left the company as the exodus continues at the fitness tech brand, according to Bloomberg. Peloton’s supply chain chief John Adee, chief operating…

New Peloton CEO rules out talks of potential sale

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February 14, 2022

Peloton’s new chief executive Barry McCarthy has dismissed rumours that the fitness tech is interested in selling. McCarthy has instead promised to pursue growth by doubling down on content and…

Laid-off Peloton employees crash new CEO’s first meeting

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February 10, 2022

A number of now ex-Peloton employees crashed new chief executive Barry McCarthy’s first virtual all-hands meeting, according to CNBC. The meeting was scheduled to take place a day after the…

Ex-Peloton CEO John Foley: “I own this”

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February 9, 2022