Reported 26 days ago
Peloton has named Peter Stern, co-founder of Apple Fitness+ and a Ford executive, as its new CEO, effective January 1. The announcement follows a period of leadership changes and restructuring within the company, which has faced declining sales after a pandemic boom. Stern, a Peloton member since 2016, expresses enthusiasm for leading the company in its efforts to rebrand from luxury fitness equipment to inclusive health technology.
Source: YAHOO