U.S. Markets open in 5 hrs 59 mins
  • S&P Futures

    4,222.75
    +13.00 (+0.31%)
     
  • Dow Futures

    33,400.00
    +96.00 (+0.29%)
     
  • Nasdaq Futures

    13,353.75
    +42.50 (+0.32%)
     
  • Russell 2000 Futures

    1,984.50
    +8.20 (+0.41%)
     
  • Crude Oil

    94.41
    +0.07 (+0.07%)
     
  • Gold

    1,808.80
    +1.60 (+0.09%)
     
  • Silver

    20.39
    +0.04 (+0.18%)
     
  • EUR/USD

    1.0308
    -0.0017 (-0.1649%)
     
  • 10-Yr Bond

    2.8880
    0.0000 (0.00%)
     
  • Vix

    20.34
    +0.60 (+3.04%)
     
  • GBP/USD

    1.2193
    -0.0009 (-0.0768%)
     
  • USD/JPY

    133.3300
    +0.3310 (+0.2489%)
     
  • BTC-USD

    23,973.93
    -624.98 (-2.54%)
     
  • CMC Crypto 200

    569.25
    -5.49 (-0.96%)
     
  • FTSE 100

    7,476.15
    +10.24 (+0.14%)
     
  • Nikkei 225

    28,546.98
    +727.65 (+2.62%)
     
  • Oops!
    Something went wrong.
    Please try again later.

Peloton CEO John Foley to step down, become executive chair - WSJ

In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Feb 8 (Reuters) - Peloton Interactive Inc plans to replace its chief executive officer, cut costs and overhaul its board, the Wall Street Journal reported on Tuesday.

Co-founder John Foley is stepping down as CEO and will become executive chair, according to the report.

Barry McCarthy, the former chief financial officer of Spotify Technology SA and Netflix Inc, will become CEO and president of Peloton, the report added.

Peloton did not immediately respond to a Reuters request for comment. (Reporting by Akriti Sharma in Bengaluru; Editing by Devika Syamnath)