Peloton Announces Executive Departures and Appointments
Ticker: PTON · Form: 8-K · Filed: 2024-12-02T00:00:00.000Z
Sentiment: neutral
Topics: executive-changes, board-changes, officer-appointment, officer-departure
Related Tickers: PTON
TL;DR
Peloton's CLO is out, new CLO is in, plus new directors and exec comp changes.
AI Summary
Peloton Interactive, Inc. announced on December 2, 2024, the departure of Jill Woodworth as Chief Legal Officer and Corporate Secretary, effective December 6, 2024. The company also announced the appointment of Kevin Cornils as Chief Legal Officer and Corporate Secretary, effective December 9, 2024. Additionally, the company elected new directors and approved new compensatory arrangements for certain officers.
Why It Matters
This filing indicates a shift in Peloton's legal leadership, which could impact the company's legal strategy and corporate governance moving forward.
Risk Assessment
Risk Level: medium — Changes in key executive positions and board composition can signal internal shifts or strategic realignments that may affect future performance.
Key Players & Entities
- Peloton Interactive, Inc. (company) — Registrant
- Jill Woodworth (person) — Departing Chief Legal Officer and Corporate Secretary
- Kevin Cornils (person) — Appointed Chief Legal Officer and Corporate Secretary
- December 2, 2024 (date) — Date of Report
- December 6, 2024 (date) — Effective date of Jill Woodworth's departure
- December 9, 2024 (date) — Effective date of Kevin Cornils' appointment
FAQ
Who is departing as Chief Legal Officer and Corporate Secretary for Peloton?
Jill Woodworth is departing as Chief Legal Officer and Corporate Secretary, with her departure effective December 6, 2024.
Who has been appointed as the new Chief Legal Officer and Corporate Secretary?
Kevin Cornils has been appointed as the new Chief Legal Officer and Corporate Secretary, effective December 9, 2024.
What other significant events are reported in this 8-K filing?
The filing also reports on the election of new directors and the approval of compensatory arrangements for certain officers.
When was this 8-K report filed?
This 8-K report was filed on December 2, 2024.
What is the exact name of the company filing this report?
The exact name of the company is Peloton Interactive, Inc.
Filing Stats: 900 words · 4 min read · ~3 pages · Grade level 11.5 · Accepted 2024-12-02 16:15:26
Key Financial Figures
- $0.000025 — Which Registered Class A Common Stock, $0.000025 par value per share PTON The Nasdaq Sto
Filing Documents
- pton-20241202.htm (8-K) — 26KB
- 0001639825-24-000196.txt ( ) — 147KB
- pton-20241202.xsd (EX-101.SCH) — 2KB
- pton-20241202_lab.xml (EX-101.LAB) — 21KB
- pton-20241202_pre.xml (EX-101.PRE) — 12KB
- pton-20241202_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PELOTON INTERACTIVE, INC. Date: December 2, 2024 By: /s/ Tammy Albarran Tammy Albarran Chief Legal Officer