Peloton co-founders John Foley and Hisao Kushi are leaving the company in a broad executive shakeup

Posted September 18th, 2022 by Brahm Canzer & filed under Company Analysis, Financial analysis, Financial Planning, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business.

Source: CNBC.com – video report

Date: Sep 13, 2022

Link: https://www.cnbc.com/2022/09/12/peloton-co-founders-john-foley-hisao-kushi-are-leaving-company.html

Questions for discussion:

What has happened at the firm that explains the restructuring of management?
What are the challenges facing the top managers?
What has the company done so far to mitigate the damage done to the brand and stock value?
What would you advise management do at this time?
Would you be an investor?