Ms. Toole shared the news in an Instagram reel on Thursday morning, adding that she was grateful for her time at Peloton, the connected-fitness company.
Category: McCarthy, Barry
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Peloton CEO Barry McCarthy Steps Down as Company Cuts 15% of Workers
Barry McCarthy took over as C.E.O. in February 2022 to revive Peloton from its late-pandemic slump, but the company has struggled to become profitable.
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C.E.O.s of Google, Hertz, Peloton and Live Nation Were Highest Paid Last Year
C.E.O. pay has risen again, reaching levels that were unthinkable a generation ago. Google, Hertz, Peloton and Live Nation lead the list.
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Peloton Shares Slide After It Recalls Two Million Exercise Bikes
The company is offering to replace seat posts on the bikes after receiving 35 reports of the equipment breaking.
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Investors Hope the Fed Won’t Dampen 2023’s Big Rally
The New York Times – Business:Stocks and bonds are on an impressive run so far this year, driven by hopes the Federal Reserve will slow down, or even pause, its interest rate increases.