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John Foley is a former billionaire who cofounded Peloton, a company that sells exercise equipment with live workouts. He resigned as CEO in 2022 as the stock price plummeted and lost his billionaire status.
Sep 12, 2022 · John Foley, co-founder and former CEO of Peloton, is leaving the company as executive chairman of the board. He joins other executives who have departed amid the company's financial and operational challenges.
John Foley (born 1978/1979) is an American former billionaire and business executive who co-founded Peloton in 2012 and Ernesta in 2023.
Sep 6, 2023 · The former Peloton CEO talks about his departure, his financial troubles, and his new venture in custom-size rugs. He defends his Plaza Hotel party and blames the public markets for undervaluing his company.
Feb 12, 2022 · Foley, who co-founded the connected fitness company in 2012, resigned after a series of missteps and challenges that led to a 73% drop in its share price. The article explores the pros and cons of founder-CEOs and their longevity in the market.
Sep 12, 2022 · Foley, who helped start Peloton in 2012 and served as chief executive officer for 10 years, is resigning effective Monday, the company said in a statement. Foley took the executive chairman...
Feb 8, 2022 · The co-founder of Peloton is stepping down as chief executive after an extended streak of tumult at the exercise and treadmill company, which is also cutting almost 3,000 jobs. John Foley first...
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