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Peloton CEO steps down
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Peloton CEO steps down
May 2, 2024 4:29 AM

May 2 (Reuters) - Connected-fitness company Peloton

Interactive ( PTON ) said on Thursday Barry McCarthy has stepped

down as CEO.

The company also said it would cut 15% of its global

workforce.

Karen Boone, current Peloton chairperson, and Chris Bruzzo,

a Peloton director, will serve as interim co-CEOs.

In addition, Jay Hoag, a Peloton director, has been named as

new chairperson of the board, the company said.

Shares of the company were 2% up in premarket trading.

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