Peloton Interactive Inc. filed SEC Form 8-K: Leadership Update
$PTON
Recreational Games/Products/Toys
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 16, 2025
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Peter Stern to the Board of Directors
On and effective as of January 16, 2025, the Board of Directors (the “Board”) of Peloton Interactive, Inc. (the “Company”) appointed Peter Stern, the Company's Chief Executive Officer and President ("CEO"), as a Class II director of the Company to serve until the 2027 annual meeting of stockholders of the Company and until his successor is duly elected or qualified, or until his prior death, resignation, retirement, disqualification or removal. Mr. Stern has served as the Company's CEO since January 1, 2025.
There is no arrangement or understanding between Mr. Stern and any person pursuant to which he was selected as a director of the Company. Mr. Stern has no direct or indirect material interest in any existing or currently proposed transaction that would require disclosure under Item 404(a) of Regulation S-K. Mr. Stern will not receive any additional compensation for his service on the Board.
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: January 17, 2025 | By: | /s/ Tammy Albarrán | ||||||
| Tammy Albarrán | ||||||||
| Chief Legal Officer | ||||||||