Peloton CEO John Foley Hands Reins to Ex-Spotify Finance Exec Barry McCarthy

Peloton is coming out ahead of both the opening bell and its late-afternoon Tuesday earnings call with a number of bombshells that promises to stem the flow of a weeks-long stock slide and perhaps prepare the stationary bike maker for a potential sale. John Foley, a cycling enthusiast who co-founded Peloton in 2013, is relinquishing…

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