Peloton Interactive, Inc. (PTON) announced on Thursday that Barry McCarthy will be stepping down from his roles as Chief Executive Officer, President, and Board Director, and will transition into a strategic advisor position at Peloton until the end of the year.
The Board stated that it has started a thorough search to find the next CEO for Peloton.
During this transition period, Karen Boone, the current Peloton Chairperson, and Chris Bruzzo, a Peloton Director, will act as Interim Co-CEOs.
Furthermore, Jay Hoag, also a Peloton Director, will take on the position of the new Chairperson of the Board.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.