Peloton co-founder and former CEO John Foley has resigned as executive chairman of the board, marking the latest big shakeup at the connected fitness company (via The Wall Street Journal).
Things have been quite turbulent as of late for Peloton. Despite selling products and classes that are widely beloved, the company has had to cut jobs and adjust prices (both decreases and, months later, increases) this year after overextending to meet increased demand during the early part of the…
