Peloton Interactive (NASDAQ: PTON) announced that Saqib Baig, its Chief Accounting Officer and principal accounting officer, has notified the company of his decision to resign to pursue an external opportunity.

Baig informed the company of his departure on October 8, 2026, and will remain in his role until November 27, 2026. The company said it has begun a search for potential candidates to fill the position.

Peloton stated that Baig's departure is not related to any disagreements or issues involving financial disclosures or accounting matters. He will not receive severance payments or benefits under the company's Severance and Change in Control Plan.