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
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.