---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-242932"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2022-09-12T23:59:59+00:00"
generated_at: "2026-06-23T11:06:42.883470+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Peloton co-founders John Foley and Hisao Kushi step down; Karen Boone named Chair, Tammy Albarrán appointed CLO

## Summary
- John Foley resigns as Executive Chair and Board member effective Sept 12, 2022; receives modified severance including option extension to June 2025.
- Hisao Kushi steps down as Chief Legal Officer effective Oct 3, 2022; receives standard non-change-in-control severance.
- Karen Boone elected Chairperson of the Board; previously Lead Independent Director and Audit Committee Chair.
- Tammy Albarrán appointed Chief Legal Officer and Corporate Secretary effective Oct 3, 2022; most recently VP, Chief Deputy GC at Uber.

## SEC filing metadata
- accession: 0001193125-22-242932
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2022-09-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639825/000119312522242932/0001193125-22-242932-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000119312522242932/d252081d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-242932
- JSON: https://secwatch.observer/filing/0001193125-22-242932.json
- Plain text: https://secwatch.observer/filing/0001193125-22-242932.txt

## Key facts
- Executive change
  Hisao Kushi departed as Chief Legal Officer at PELOTON INTERACTIVE, INC..
  - Action: stepped down
  - Role: Chief Legal Officer
  source text: On September 8, 2022, Peloton Interactive, Inc. (the “Company”) and Hisao Kushi agreed that Mr. Kushi would step down from his position as Chief Legal Officer of the Company, effective October 3, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000119312522242932/0001193125-22-242932-index.htm
- Executive change
  John Foley departed as Executive Chair at PELOTON INTERACTIVE, INC..
  - Action: stepped down
  - Role: Executive Chair
  source text: On September 12, 2022, the Company and John Foley agreed that Mr. Foley would step down from his position as Executive Chair and no longer serve as a member of the Board of Directors of the Company (the “Board”), effective September 12, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000119312522242932/0001193125-22-242932-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.