Peloton's new CEO has a chance to turn things around. Here's what he needs to do.
Peloton named Peter Stern its new CEO.
Scott Heins/Getty Images; Peloton; Rebecca Zisser/BI
- Peloton announced that Ford executive Peter Stern will join the company as its new CEO.
- The fitness company is betting Stern can help turn things around.
- He's expected to focus on trimming spending and retaining current Peloton subscribers.
Peloton is betting that its new CEO can deliver a much-needed turnaround.
On Thursday, Peloton announced Ford executive Peter...
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