The shakeup happened as Peloton faced slowing momentum for its connected fitness equipment and mounting expenses, due to a series of missteps and poor investments during the Covid pandemic.
McCarthy sits on the board of a blank-check company also backed by Dell's family office, which manages more than $20 billion on behalf of the founder of Dell Technologies and other investors. Representatives from Peloton and MSD partners didn't immediately respond to CNBC's request for comment.
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