---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-24-000164"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:27:34.745332+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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+.

## SEC filing metadata
- accession: 0001639825-24-000164
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2024-10-31T23:59:59+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/1639825/000163982524000164/0001639825-24-000164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000164/pton-20241025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-24-000164
- JSON: https://secwatch.observer/filing/0001639825-24-000164.json
- Plain text: https://secwatch.observer/filing/0001639825-24-000164.txt

## Key facts
- Executive change
  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
  source text: Chris Bruzzo will step down as Interim co-CEO and Interim co-President on November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000164/0001639825-24-000164-index.htm
- Executive change
  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
  source text: Effective November 1, 2024, Karen Boone will serve as the sole Interim CEO and Interim President through December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000164/0001639825-24-000164-index.htm
- Executive change
  Peter Stern was appointed as Chief Executive Officer and President at PELOTON INTERACTIVE, INC..
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: Peter Stern has been appointed as Chief Executive Officer (“CEO”) and President of the Company, effective as of January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000164/0001639825-24-000164-index.htm

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