Dalana Brand, new Peloton Chief People Officer. Courtesy: Peloton Peloton said Wednesday it hired former Twitter executive Dalana Brand to be its new chief people officer, as the fitness company conti...
Tag: Barry McCarthy
Peloton’s rise, fall and attempted comeback
On the night of Sept. 26, 2019, hours after Peloton shares went public, employees dined on seafood and sipped champagne in the glittering halls of Hudson Yards as they discussed what they’d spen...
Peloton CEO Barry McCarthy doesn’t care Bikes, Treads lose money
Barry McCarthy speaks during an interview with CNBC on floor of the New York Stock Exchange (NYSE), October 28, 2019. Brendan McDermid | Reuters Peloton CEO Barry McCarthy told investors Wednesday he ...
Peloton (PTON) Q2 earnings 2023
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton said Wednesday its net loss narrowed year over year, and, for the th...
Peloton hires former Twitter executive as new head of marketing
Leslie Berland, chief marketing officer of Twitter Inc., speaks during the company’s #HereWeAre Women In Tech event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wed...
Peloton cuts 500 jobs, has 6 months to prove it can grow, CEO says
Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness equipment maker to return to growth. The cuts, which amount to about 12% of Peloton...
Peloton’s Crash Keeps Getting Worse As Shares Plunge 20% After $1.2 Billion Loss
Topline Shares of Peloton, a pandemic-era stock darling, tanked roughly 20% on Thursday after reporting a sixth consecutive quarter of losses, as the at-home fitness company continues to struggle with...
Peloton Unveils Price Hikes, Store Closures And Layoffs
Topline Seeking to cut costs and end a flood of red ink, Peloton is planning to raise prices on key products, shutter stores and lay off hundreds of workers, according to a memo from CEO Barry McCarth...
Peloton hires Amazon cloud exec as new CFO in latest shakeup in top ranks
A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Re...
Surprised by how deep some issues ran at the company
Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images When Barry McCarthy showed ...
Peloton Shares Plunge As CEO Warns Fitness Company Is ‘Thinly Capitalized’
Topline Shares of Peloton cratered nearly 20% on Tuesday after dismal quarterly earnings that showed the at-home fitness company is continuing to lose money at a torrid pace, with recently appointed C...
Peloton Shares Fall After Major Outage Temporarily Hits Bikes And Treadmills
Topline Shares of Peloton, which have largely struggled so far in 2021, took another hit on Tuesday after a major outage which affected the at-home fitness company’s bikes and treadmills, meaning that...
Peloton Shares Fall After New CEO Says Company Won’t Be Sold In The ‘Foreseeable Future’
Topline Shares of Peloton, which rallied last week on speculation of a possible takeover, fell roughly 5% on Monday after new CEO Barry McCarthy said in an interview that he took the top job at the co...
Investors Keep Tabs On Peloton Stock Amid Buyout Buzz
Getty Images Key Takeaways: Peloton CEO John Foley is stepping down Peloton stock has surged amid rumors of Apple and Amazon buying it Investors are keeping eyes on Peloton stock as the company reshif...
Peloton, Canopy Growth, Chipotle and others
Check out the companies making headlines before the bell: Peloton (PTON) – Peloton added 1% in premarket trading after surging more than 20% in each of the past two sessions. Yesterday’s gains c...
Can Peloton Be Saved? Here’s What Experts Say About The New CEO, Barry McCarthy
Topline Shares of Peloton jumped roughly 25% on Tuesday after announcing further cost cuts and the replacement of CEO John Foley with veteran tech executive Barry McCarthy, a move that was heralded by...
Meet Peloton’s new CEO, Barry McCarthy
Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Peloton is looking to exper...