Transition to third-party manufacturing is the latest step by Peloton to simplify its supply chain and optimize its cost structure NEW YORK, July 12, 2022 /PRNewswire/ — Peloton Interactive, Inc. (NASDAQ: PTON) (“Peloton” or the “Company”) today announced it is exiting all owned-manufacturing operations and expanding its current relationship with leading Taiwanese manufacturer Rexon Industrial […]
Category Archives: Peloton
Peloton Appoints Liz Coddington as Chief Financial Officer
NEW YORK, June 6, 2022 /PRNewswire/ — Peloton Interactive, Inc. (NASDAQ: PTON) today announced it has appointed Liz Coddington as the company’s Chief Financial Officer, effective June 13, 2022. Ms. Coddington brings more than 20 years of experience in financial planning and analysis and operational finance, and has a proven track record of driving growth […]
Peloton Interactive, Inc. Announces Participation in the J.P. Morgan Global Technology, Media and Communications Conference
NEW YORK, May 18, 2022 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the Company will be participating in the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 24, 2022, at 10:50 AM ET. Attending for Peloton will be Barry McCarthy, President and Chief Executive Officer. The audio portion of the presentation will be webcast […]
Peloton and iFIT Announce Settlement of All Pending Litigation
NEW YORK and LOGAN, Utah, May 16, 2022 /PRNewswire/ — Peloton (NASDAQ: PTON) and iFIT announce today the settlement of all pending litigation between them. All pending actions between the companies will be dismissed. As a result of this comprehensive settlement, iFIT has agreed to remove certain on-demand leaderboard technology from its products, and Peloton […]
Peloton Interactive, Inc. Reports Third Quarter Fiscal 2022 Financial Results
NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) has announced its financial results for third quarter 2022. Please visit the Peloton investor relations website https://investor.onepeloton.com/financial-information/quarterly-results to view the third quarter 2022 shareholder letter. Today the company will host a live audio webcast of its conference call to discuss the results […]
Peloton Interactive, Inc. Announces Third Quarter Fiscal 2022 Earnings Release Date, Conference Call, and Webcast
NEW YORK, April 22, 2022 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) will release its third quarter fiscal 2022 results before the U.S. stock market opens on Tuesday, May 10, 2022. The Company will hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for […]
PELOTON EXPANDS LEAD TEAM WITH HIRE OF ANDREW RENDICH AS CHIEF SUPPLY CHAIN OFFICER AND PROMOTION OF SHARI EATON TO CHIEF PEOPLE OFFICER
NEW YORK , March 10, 2022 /PRNewswire/ — Peloton (NASDAQ: PTON) today announced that Andrew Rendich will be joining the company as Chief Supply Chain Officer, effective March 16, and Shari Eaton, currently Senior Vice President (SVP), Global Head of People, has been promoted to Chief People Officer. Rendich – who brings 30 years of experience in […]
Peloton Announces Comprehensive Program to Reduce Costs and Drive Growth, Profitability, and Free Cash Flow
NEW YORK, Feb. 8, 2022 /PRNewswire/ — Peloton Interactive, Inc. (NASDAQ: PTON) today announced a series of steps it is taking to position the business for long-term growth while establishing a clear path to consistent profitability and sustainable free cash flow. Once these actions are fully implemented, the company expects to achieve at least $800 million […]
Peloton Announces Appointment of New Directors to the Board
NEW YORK, Feb. 8, 2022 /PRNewswire/ — Peloton Interactive, Inc. (NASDAQ: PTON) today announced the appointment of two new directors to its Board: Angel L. Mendez, a proven supply chain leader at the intersection of software, technology, and industrial operations; and Jonathan Mildenhall, a globally recognized creative leader in marketing and advertising. Erik Blachford, who has […]
Peloton Announces Leadership Transitions to Position Peloton for Sustainable Growth, Profitability, and Long-Term Success
NEW YORK, Feb. 8, 2022 /PRNewswire/ — Peloton Interactive, Inc. (NASDAQ: PTON) today announced the following leadership transitions: Barry McCarthy, who has held senior leadership roles at Spotify and Netflix and is a longtime advisor and board member at public and private technology companies, has been appointed CEO and President of Peloton, effective on February 9, […]