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Factbox-Peloton's newest top executives

Published 02/08/2022, 01:21 PM
Updated 02/08/2022, 01:25 PM
© Reuters. FILE PHOTO: A person walks past a Peloton store in the Manhattan borough of New York City, U.S., January 25, 2022.  REUTERS/Carlo Allegri/File Photo
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(Reuters) - Peloton Interactive (NASDAQ:PTON) Inc on Tuesday replaced its CEO and added new board members , as the exercise bike maker looks to revitalize sagging sales and win back investor confidence.

John Foley, the company's co-founder who has led Peloton for nearly a decade, will step down as CEO and become the executive chair.

Here are some facts on the additions to Peloton's top management:

BARRY MCCARTHY, CEO

* The Silicon Valley veteran previously held CFO roles at Spotify (NYSE:SPOT) Inc and Netflix Inc (NASDAQ:NFLX), where he helped take both the companies public.

* Between his stints at Netflix and Spotify, McCarthy briefly served as chief operating officer for Clinkle, a mobile payments company.

* His first CFO role was at Music Choice, from 1993 to 1999.

* McCarthy, an MBA graduate from the University of Pennsylvania, has also served as a director at textbook rental firm Chegg (NYSE:CHGG), ticketing website Eventbrite (NYSE:EB) and internet radio service Pandora (OTC:PANDY).

* He currently serves as a board member of Instacart, the grocery delivery startup.

JONATHAN MILDENHALL, BOARD DIRECTOR

* The marketing and advertising veteran was the former chief marketing officer of home rental firm Airbnb Inc.

* Before Airbnb, he led marketing initiatives at Coca-Cola (NYSE:KO) Co.

* Mildenhall co-founded TwentyFirstCenturyBrand, a marketing firm and serves as its executive chair.

* He went to Harvard Business School for an advanced management program in 2005.

* Mildenhall serves on the board of crowdfunding platform GoFundMe and executive hiring platform AboveBoard.

ANGEL MENDEZ, BOARD DIRECTOR

* The supply chain management veteran and former Cisco Systems Inc (NASDAQ:CSCO) senior vice president studied electrical engineering from Lafayette College.

© Reuters. FILE PHOTO: A person walks past a Peloton store in the Manhattan borough of New York City, U.S., January 25, 2022.  REUTERS/Carlo Allegri/File Photo

* He started out at General Motors Co (NYSE:GM) in various operations roles, and had a brief stint in global procurement at Citigroup Inc (NYSE:C).

* Mendez is executive chairman of LevaData Inc, a private artificial intelligence company focused on supply chain management, and serves on the board of Kinaxis, a supply chain firm, and Sleep Number (NASDAQ:SNBR), a sleep tech company.

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