John Foley news & features
One of Peloton’s investors, Krikor Arslanian, is suing Peloton leaders, including
CEO John Foley, for insider trading.
news •
01 Dec 2022
Two of Peloton’s co-founders, John Foley and Hisao Kushi, executive chair and chief legal officer
respectively, have resigned.
news •
14 Sep 2022
Peloton is set to axe around 800 jobs, increase the price of its equipment and close some of its
retail operations as part of efforts to turn around the decline in its business.
news •
18 Aug 2022
A number of big-name suitors are believed to be looking at making a bid for at-home fitness giant
Peloton.
news •
07 Feb 2022
Shares in Peloton have fallen after the company revealed fourth-quarter losses. It also
said that tactical changes to the business will hit profits until 2023.
news •
27 Aug 2021
Peloton is recalling all of its Tread and Tread+ machines in the US, after
striking a deal with the US
Consumer Product Safety Commission (CPSC).
news •
05 May 2021
A three-year-old-boy has died of the injuries he sustained in an accident involving a Peloton Tread+
running machine.
news •
19 Mar 2021
In a surprise move, Peloton – which finished its last financial quarter with US$2bn cash
in
the bank – has announced it's purchasing commercial fitness giant, Precor.
news •
22 Dec 2020
Indoor cycling giant Peloton has cut the price of its popular Bike, while launching two entirely new
products for the lucrative at-home fitness market.
news •
11 Sep 2020
Peloton has lost around 14 per cent of its market value since it listed on the US-based NASDAQ on
26 September.
news •
01 Oct 2019
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