Peloton (PTON) Announces Appointment of New Directors to the Board

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Peloton Interactive (PTON) PT Raised to $46 at Baird

February 8, 2022 1:55 PM EST

Baird analyst Jonathan Komp raised the price target on Peloton Interactive (NASDAQ: PTON) to $46.00 while maintaining an Outperform rating following results, a business update, and management changes.

The analyst commented, "We are highly encouraged to see PTON initiate the steps needed to bolster... More

Peloton (PTON) Pares Decline After Releasing Guidance, Announcing Cost Reductions and Management Changes

February 8, 2022 7:45 AM EST

Peloton (NASDAQ: PTON) Pares Decline After Releasing Guidance, Announcing Cost Reductions and Management Changes

Shares are still down 1.5% after earlier trading down 14%
... More

Peloton (PTON) Appoints Barry McCarthy as CEO

February 8, 2022 7:01 AM EST

Peloton Interactive, Inc. (NASDAQ: PTON) today announced the following leadership transitions:

Barry McCarthy, who has held senior leadership roles at Spotify and Netflix and is a longtime advisor and board member at public and private technology companies, has been appointed CEO and President of Peloton, effective on February 9, 2022. He will also join Peloton's Board of Directors.Peloton Co-Founder John Foley will become Executive Chair.William Lynch transitions from President of Peloton to a non-executive director on the Board.

Karen Boone, Lead Independent... More