Peloton co-founder Foley leaves US fitness company in latest shake-up

📆 2022/09/14 0:00:00
📰 businessposthq

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The reshuffling extends a year of upheaval at the New York-based company, which thrived in the early days of the pandemic but is now suffering from declining sales and mounting losses

John Foley, the executive chairman and co-founder of Peloton, is stepping down from the fitness company as part of a leadership shake-up, extending the turbulence at a business trying to pull out of a deep slump.

Foley, who helped start Peloton in 2012 and served as chief executive officer for 10 years, resigned late on Monday, the company said in a statement. Foley took the executive chairman role in February when he handed the reins ...

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