Peloton appoints Peter Stern as CEO and President effective January 1, 2025

PELOTON INTERACTIVE, INC.

Peter Stern, formerly President of Ford Integrated Services and Apple VP of Services, becomes CEO effective Jan 1, 2025.
Compensation includes $1.25M base salary, 100% target bonus, $1M signing bonus, and $20M equity package.
Karen Boone becomes sole Interim CEO from Nov 1 to Dec 31, 2024; Chris Bruzzo steps down as interim co-CEO.
Both Boone and Bruzzo will remain on Peloton's board after Stern assumes the role.
Stern has been a Peloton Member since 2016 and co-founded Apple Fitness+.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed (interim)

Chris Bruzzo

Interim co-Chief Executive Officer and Interim co-President

PTON · PELOTON INTERACTIVE, INC.

Effective: 2024-11-01
Filed: October 31, 2024, 7:59 PM ET

Chris Bruzzo will step down as Interim co-CEO and Interim co-President on November 1, 2024.

Role change (interim)

Karen Boone

Interim Chief Executive Officer and Interim President

PTON · PELOTON INTERACTIVE, INC.

Effective: 2024-11-01
Filed: October 31, 2024, 7:59 PM ET

Effective November 1, 2024, Karen Boone will serve as the sole Interim CEO and Interim President through December 31, 2024.

Appointed

Peter Stern

Chief Executive Officer and President

PTON · PELOTON INTERACTIVE, INC.

Effective: 2025-01-01
Filed: October 31, 2024, 7:59 PM ET

Peter Stern has been appointed as Chief Executive Officer (“CEO”) and President of the Company, effective as of January 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Chris Bruzzo departed as Interim co-Chief Executive Officer and Interim co-President at PELOTON INTERACTIVE, INC..

Action: step down
Role: Interim co-Chief Executive Officer and Interim co-President

Exact text from the filing

Chris Bruzzo will step down as Interim co-CEO and Interim co-President on November 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karen Boone changed role as Interim Chief Executive Officer and Interim President at PELOTON INTERACTIVE, INC..

Action: will serve as sole Interim CEO
Role: Interim Chief Executive Officer and Interim President

Exact text from the filing

Effective November 1, 2024, Karen Boone will serve as the sole Interim CEO and Interim President through December 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Stern was appointed as Chief Executive Officer and President at PELOTON INTERACTIVE, INC..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

Peter Stern has been appointed as Chief Executive Officer (“CEO”) and President of the Company, effective as of January 1, 2025.

View on SEC.gov

PELOTON INTERACTIVE, INC. filing history →

Source: SEC EDGAR

accession 0001639825-24-000164

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