Peloton co-founders John Foley and Hisao Kushi are resigning from the company. The leadership changes come as the fitness giant has embarked on an $800 million restructuring plan.
Meanwhile, co-founder and Chief Legal Officer Hisao Kushi will leave the company Oct. 3. Kushi will be replaced by Uber's chief deputy general counsel Tammy Albarran.
"Kevin has worked tirelessly to grow Peloton into the international brand it is today, recently helping to innovate the company’s go-to-market strategy and operationalizing new initiatives like selling through 3rd party retail and our Peloton Rental offering," McCarthy added.
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