Peloton Announces New Chief Operating Officer and Additional Leadership Changes To Lay the Foundation for Growth
Peloton (NASDAQ: PTON) announced significant leadership changes to strengthen its operational foundation. Charles Kirol will join as Chief Operating Officer on April 14, bringing over 25 years of business transformation experience. Kirol, who previously served as EVP and Chief Global Operations and Technology Officer at iRobot, will oversee supply chain, cost management, IT, and operational excellence.
Additionally, Dion Camp Sanders has been promoted to Chief Commercial Officer from his previous role as Chief Emerging Business Officer. Sanders will lead first-party retail, inside sales, third-party retail, bike rental, pre-owned equipment sales, international operations, B2B channels, and Precor.
Current Chief Supply Chain Officer Andy Rendich will step down but remain as an advisor through the fiscal year end. The company is also launching a search for a Chief Information Officer who will report to Kirol.
Peloton (NASDAQ: PTON) ha annunciato cambiamenti significativi nella leadership per rafforzare la propria base operativa. Charles Kirol entrerà in carica come Chief Operating Officer il 14 aprile, portando con sé oltre 25 anni di esperienza nella trasformazione aziendale. Kirol, che in precedenza ha ricoperto il ruolo di EVP e Chief Global Operations and Technology Officer presso iRobot, si occuperà della catena di approvvigionamento, della gestione dei costi, dell'IT e dell'eccellenza operativa.
Inoltre, Dion Camp Sanders è stato promosso a Chief Commercial Officer dal suo precedente ruolo di Chief Emerging Business Officer. Sanders guiderà il retail di prima parte, le vendite interne, il retail di terze parti, il noleggio di biciclette, le vendite di attrezzature usate, le operazioni internazionali, i canali B2B e Precor.
L'attuale Chief Supply Chain Officer Andy Rendich si dimetterà ma rimarrà come consulente fino alla fine dell'anno fiscale. L'azienda sta anche avviando una ricerca per un Chief Information Officer che riporterà a Kirol.
Peloton (NASDAQ: PTON) anunció cambios significativos en su liderazgo para fortalecer su base operativa. Charles Kirol se unirá como Director de Operaciones el 14 de abril, aportando más de 25 años de experiencia en transformación empresarial. Kirol, quien anteriormente se desempeñó como EVP y Director Global de Operaciones y Tecnología en iRobot, supervisará la cadena de suministro, la gestión de costos, TI y la excelencia operativa.
Además, Dion Camp Sanders ha sido ascendido a Director Comercial desde su anterior cargo como Director de Nuevos Negocios. Sanders liderará el retail de primera parte, las ventas internas, el retail de terceros, el alquiler de bicicletas, la venta de equipos de segunda mano, las operaciones internacionales, los canales B2B y Precor.
El actual Director de la Cadena de Suministro Andy Rendich dejará su puesto, pero permanecerá como asesor hasta el final del año fiscal. La compañía también está lanzando una búsqueda para un Director de Información que reportará a Kirol.
Peloton (NASDAQ: PTON)은 운영 기반을 강화하기 위해 중요한 리더십 변화를 발표했습니다. Charles Kirol은 4월 14일 COO로 합류하며, 25년 이상의 비즈니스 변혁 경험을 가지고 있습니다. Kirol은 이전에 iRobot의 EVP 및 글로벌 운영 및 기술 책임자로 재직했으며, 공급망, 비용 관리, IT 및 운영 우수성을 감독할 것입니다.
또한, Dion Camp Sanders는 이전의 신사업 책임자에서 상업 책임자로 승진했습니다. Sanders는 1차 소매, 내부 판매, 제3자 소매, 자전거 대여, 중고 장비 판매, 국제 운영, B2B 채널 및 Precor를 이끌 것입니다.
현재 공급망 책임자 Andy Rendich는 사임하지만 회계 연도 종료까지 자문 역할을 유지할 것입니다. 회사는 또한 Kirol에게 보고할 Chief Information Officer를 찾고 있습니다.
Peloton (NASDAQ: PTON) a annoncé d'importants changements de direction pour renforcer sa base opérationnelle. Charles Kirol rejoindra l'entreprise en tant que Directeur des opérations le 14 avril, apportant plus de 25 ans d'expérience en transformation des affaires. Kirol, qui a précédemment occupé le poste de EVP et Directeur mondial des opérations et de la technologie chez iRobot, supervisera la chaîne d'approvisionnement, la gestion des coûts, l'informatique et l'excellence opérationnelle.
De plus, Dion Camp Sanders a été promu au poste de Directeur commercial depuis son précédent rôle de Directeur des nouvelles entreprises. Sanders dirigera le commerce de détail de première partie, les ventes internes, le commerce de détail de tiers, la location de vélos, la vente d'équipements d'occasion, les opérations internationales, les canaux B2B et Precor.
L'actuel Directeur de la chaîne d'approvisionnement Andy Rendich démissionnera mais restera conseiller jusqu'à la fin de l'exercice fiscal. L'entreprise lance également une recherche pour un Directeur des systèmes d'information qui reportera à Kirol.
Peloton (NASDAQ: PTON) hat bedeutende Führungswechsel angekündigt, um seine operative Basis zu stärken. Charles Kirol wird am 14. April als Chief Operating Officer eintreten und bringt über 25 Jahre Erfahrung in der Geschäftstransformation mit. Kirol, der zuvor als EVP und Chief Global Operations and Technology Officer bei iRobot tätig war, wird die Lieferkette, das Kostenmanagement, die IT und die operative Exzellenz überwachen.
Zusätzlich wurde Dion Camp Sanders von seiner vorherigen Rolle als Chief Emerging Business Officer zum Chief Commercial Officer befördert. Sanders wird den Einzelhandel erster Partei, den Innendienst, den Einzelhandel dritter Parteien, die Fahrradvermietung, den Verkauf von gebrauchten Geräten, internationale Operationen, B2B-Kanäle und Precor leiten.
Der aktuelle Chief Supply Chain Officer Andy Rendich wird zurücktreten, aber bis zum Ende des Geschäftsjahres als Berater bleiben. Das Unternehmen sucht auch nach einem Chief Information Officer, der an Kirol berichten wird.
- Appointment of experienced COO with 25+ years of business transformation expertise
- Strategic consolidation of commercial operations under new CCO role
- Structured leadership transition with former Supply Chain Officer remaining as advisor
- Loss of key supply chain executive during transformation period
- Additional costs from leadership restructuring and new executive compensation
- Potential operational disruption during leadership transition
Charles Kirol Will Join as COO; Dion Camp Sanders is Named Chief Commercial Officer
Charles Kirol will join Peloton Interactive, Inc. as Chief Operating Officer in the newly created role.
Charles Kirol will join the company as COO on April 14. He has more than 25 years of experience steering high-impact business transformations at scale and will be instrumental in enabling Peloton to deliver even better products and service for current and future Members, and to do so more efficiently. More specifically, Kirol will focus on supply chain, cost management, information technology, and achieving operational excellence across all aspects of Peloton’s business.
Kirol previously served as Executive Vice President, Chief Global Operations and Technology Officer at iRobot Corporation, a global consumer robot company offering home innovation products. Previously, he was Senior Vice President of Global Operations for Sensata Technologies, a leading supplier of sensing, electrical protection, control and power management solutions. Kirol has also held executive roles in global operations, sourcing and supply chain management at Stanley Black & Decker and GE Capital. He is a long-standing naval officer, having served on active duty for more than 16 years. Kirol currently holds the rank of Rear Admiral in the US Navy Reserves, where he is one of the senior-most procurement, logistics, and supply corps officers, and presently leads a team of 3,600 logistics professionals.
“With his extensive manufacturing and operational experience across both the private and public sectors, Charles has a proven track record of leadership that will be invaluable to Peloton as we continue to transform our business and work to empower millions of Peloton Members to live fit, strong, long, and happy,” said Stern. “His vision, world-class understanding of manufacturing, and exceptional ability to inspire teams make him uniquely qualified to help lead our operations.”
As part of the COO transition, current Chief Supply Chain Officer Andy Rendich will step down from his role and remain at the company as an advisor through the end of Peloton’s fiscal year. Rendich has played an essential role in both streamlining and elevating the company’s operations and supply chain management during a critical chapter in its evolution.
“I’m grateful to Andy for his steady hand and unwavering commitment to the company the past several years,” Stern added. ”He and the team he built for Peloton have been instrumental in guiding our supply chain through unprecedented challenges. We know Andy will continue to do great things wherever he goes next, just as he has done for Peloton, and we are lucky to have his continued support during the next few months.”
Peloton will also be launching a search for a Chief Information Officer. The role will manage and oversee Peloton’s information technology strategy, operations, and infrastructure and report to Charles Kirol.
Additionally, current Chief Emerging Business Officer Dion Camp Sanders has been named Chief Commercial Officer. This designation recognizes Sanders’s central role in returning Peloton to growth, including his responsibility for first-party retail, inside sales, third-party retail, bike rental and sales of pre-owned refurbished equipment, international strategy and operations, B2B channels, Precor, M&A, and business development.
Forward Looking Statement
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including with respect to statements regarding changes to our leadership team, our future operating results and financial position, our business strategy and plans, our growth, and our objectives for future operations. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these forward-looking statements are subject to a number of risks, uncertainties, and assumptions and other important factors that could cause actual results to differ materially from those stated, including the risks and uncertainties described in the sections titled “Risk Factors” in Part I, Item 1A and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II, Item 7 in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, as such factors may be updated in our filings with the Securities and Exchange Commission. Our forward-looking statements speak only as of the date of this press release, and we undertake no obligation to update any of these forward-looking statements for any reason after the date of this press release or to conform these statements to actual results or revised expectations, except as required by law.
About Peloton
Peloton (NASDAQ: PTON) provides Members with world-class equipment, ground-breaking software, expert human instruction, and the world’s most supportive fitness community. Founded in 2012 and headquartered in
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Media Contact
Letena Lindsay
press@onepeloton.com
Investor Relations Contact
James Marsh
investor@onepeloton.com
Source: Peloton Interactive, Inc.
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