Peloton names Peter Stern as new CEO
Tweet
Share
E-mailGet Alerts PTON Hot Sheet
Join SI Premium – FREE
Investing.com -- Peloton (NASDAQ: PTON) has named Peter Stern as its new CEO, ending a long-running search for a successor to former boss Barry McCarthy, as the connected fitness bike company looks to overhaul its flagging subscription growth.
Shares in Peloton surged by more than 8% in premarket US trading on Thursday.
(This is a developing story. Please check back later for updates.)
You May Also Be Interested In
- Adobe names longtime exec Anil Chakravarthy CEO, Narayen shifts to executive chair
- Golden Minerals names new CEO as partner eyes Argentine asset sale
- Tredegar CEO to take direct control of Bonnell after GM departs
Create E-mail Alert Related Categories
Investing, Management ChangesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
