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Factbox-Peloton’s newest top executives -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: This is a person walking past the Peloton store located in Manhattan Borough, New York City. U.S.A, January 25, 2022. REUTERS/Carlo Allegri/File Photo

Peloton Interactive, NASDAQ:) Inc. Tuesday saw the replacement of its CEO by Peloton Interactive. New board members were also added to the company’s Board. This is as Peloton seeks to boost sales and restore investor confidence.

John Foley is the co-founder of Peloton and will now be the CEO.

These are the facts about Peloton’s new top management.

BARRY MCCARTHY CEO

* The Silicon Valley veteran previously held CFO roles at Spotify (NYSE:) Inc and Netflix Inc (NASDAQ:), 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:), ticketing website Eventbrite (NYSE:) and internet radio service Pandora (OTC:).

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

BOARD DIRECTOR, JONATHAN MILDERNHALL

* 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:) 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.

BOARD DIRECTOR: ANGEL MEENDEZ

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

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

* 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 The Sleep Number (NASDAQ:), a sleep tech company.

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