---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-24-000056"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:35:29.072480+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Peloton CEO Barry McCarthy steps down; Boone and Bruzzo named Interim Co-CEOs

## Summary
- Barry McCarthy resigns as President, CEO and Board Director effective May 2, 2024; becomes strategic advisor through Dec 31, 2024.
- McCarthy receives $50k/month for first 3 advisory months, then $5k/month, plus $3M stock option award and $1.25M separation cash.
- Karen Boone (former Chairperson) and Chris Bruzzo (Board director) appointed Interim Co-CEOs effective May 2, 2024.
- Jay Hoag named new Chairperson of Board; CEO search initiated.
- Interim Co-CEOs Boone and Bruzzo each get $150k/month base salary and $450k RSUs vesting monthly over 3 months.

## SEC filing metadata
- accession: 0001639825-24-000056
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/pton-20240427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-24-000056
- JSON: https://secwatch.observer/filing/0001639825-24-000056.json
- Plain text: https://secwatch.observer/filing/0001639825-24-000056.txt

## Key facts
- Executive change
  Barry McCarthy changed role as President and Chief Executive Officer at PELOTON INTERACTIVE, INC..
  - Action: transitioned from
  - Role: President and Chief Executive Officer
  source text: Effective as of the close of business on May 2, 2024, Mr. McCarthy will transition from President and Chief Executive Officer (“CEO”) of the Company to a non-executive, strategic advisory role.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm
- Executive change
  Barry McCarthy resigned as Class I director at PELOTON INTERACTIVE, INC..
  - Action: resigned
  - Role: Class I director
  source text: On April 27, 2024, Barry McCarthy notified Peloton Interactive, Inc. (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”) as a Class I director, effective April 28, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm
- Executive change
  Karen Boone was appointed as Interim Co-Chief Executive Officer and co-President at PELOTON INTERACTIVE, INC..
  - Action: appointed
  - Role: Interim Co-Chief Executive Officer and co-President
  source text: On May 2, 2024, the Company announced that Karen Boone, current Chairperson of the Board, and Chris Bruzzo, a Board director, have been appointed as Interim Co-CEOs and co-Presidents of the Company, and that Jay Hoag, a Board director, has been named Chairperson of the Board, effective May 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm
- Executive change
  Chris Bruzzo was appointed as Interim Co-Chief Executive Officer and co-President at PELOTON INTERACTIVE, INC..
  - Action: appointed
  - Role: Interim Co-Chief Executive Officer and co-President
  source text: On May 2, 2024, the Company announced that Karen Boone, current Chairperson of the Board, and Chris Bruzzo, a Board director, have been appointed as Interim Co-CEOs and co-Presidents of the Company, and that Jay Hoag, a Board director, has been named Chairperson of the Board, effective May 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm
- Executive change
  Jay Hoag was named as Chairperson of the Board at PELOTON INTERACTIVE, INC..
  - Action: named
  - Role: Chairperson of the Board
  source text: On May 2, 2024, the Company announced that Karen Boone, current Chairperson of the Board, and Chris Bruzzo, a Board director, have been appointed as Interim Co-CEOs and co-Presidents of the Company, and that Jay Hoag, a Board director, has been named Chairperson of the Board, effective May 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000056/0001639825-24-000056-index.htm

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