THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Omnichannel Futures 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Peloton founders to leave the business

Peloton’s founders John Foley and Hisao Kushi are to leave the business. The interactive fitness platform said it had accepted the resignations of the pair who… View Article

SPORTS AND LEISURE NEWS

Peloton founders to leave the business

Peloton’s founders John Foley and Hisao Kushi are to leave the business.

The interactive fitness platform said it had accepted the resignations of the pair who are executive chair and chief legal officer respectively.

Having co-founded Peloton in 2012, Foley was the company’s chief executive for 10 years before becoming executive chair in February. Meanwhile Kushi has served as chief legal officer since 2015.

Foley said: “As I reflect on the journey Peloton has been on since we founded it, I am so proud of what we have built together. From day one, the incredible talent we’ve had on our team and the dedication, hard work, and creativity of every Peloton employee are what got us to where we are today. We founded the company because we wanted to make fitness and wellness convenient, fun, and effective. Because of the work of thousands of people, we’ve done that.

“Now it is time for me to start a new professional chapter. I have passion for building companies and creating great teams, and I am excited to do that again in a new space.”

Peloton has also announced that Karen Boone has been appointed chairperson of the board. Boone was first elected to Peloton’s board as audit committee chair in 2019 and was subsequently named as lead independent director in October 2021. She previously held the position of president, chief financial and administrative officer of Restoration Hardware.

In addition, Tammy Albarrán will replace Kushi as chief legal officer and corporate secretary from 3 October. She was previously chief deputy general counsel and deputy corporate secretary at Uber Technologies.

Peloton chief executive Barry McCarthy said, “I would like to offer my gratitude to John and Hisao for their shared vision, dedication, and passion for Peloton. Through their hard work, they have given the world the connected fitness industry and created a platform that empowers each of us to be the best version of ourselves.  We are indebted to them for their countless contributions.

“I would also like to congratulate Karen and Tammy, and I’m confident both will leverage their unique experiences to help move the company forward into our next chapter of growth.”

Subscribe For Retail News