Peloton is owned by its public shareholders, with major institutional investors like Vanguard, BlackRock, and Fidelity controlling significant stakes. Peter Stern serves as CEO and President, while Jay Hoag is the Chairman of the Board. Peloton Interactive, Inc. is a publicly traded company and does not have a single parent company.
Understanding who owns Peloton—and how its leadership is structured—is important for members, investors, and anyone following the fitness industry. Leadership changes, board updates, and ownership concentration can directly affect Peloton’s strategy, customer service, and long-term vision. Below, you’ll find clear answers to common questions about Peloton’s ownership, executive team, and board.
Who Owns Peloton?
Peloton Interactive, Inc. (Nasdaq: PTON) is a publicly traded company with no single owner or parent corporation. Ownership is spread among public shareholders, including major institutional investors and company insiders.
Major Institutional Investors
- Vanguard Group – Peloton’s single largest shareholder (about 9% of shares)
- BlackRock, Inc.
- Fidelity (FMR LLC)
- T. Rowe Price Associates
- Morgan Stanley
- D. E. Shaw & Co.
These institutional investors collectively control a large portion of Peloton’s stock. According to Fintel.io, as of July 2025, no one entity or person owns a controlling stake.
Peloton is not owned by a single company or individual; its shares are widely held and traded on the Nasdaq exchange.
Who Is the Current CEO of Peloton?
As of January 1, 2025, Peter Stern is Peloton’s CEO and President.
- Peter Stern previously led Apple Fitness+ product development and served as Ford’s Chief Digital Officer.
- He is a longtime Peloton member and was appointed to steer the company through its next phase of growth.
- The transition occurred after interim co-CEOs Karen Boone and Chris Bruzzo stepped aside in late 2024.
- Barry McCarthy, who led Peloton through its post-pandemic transformation, is now a strategic advisor.
Source: Peloton Leadership Team (Official)
Peloton’s Board of Directors Explained
Peloton’s Board of Directors provides oversight, approves strategy, and is responsible for selecting and evaluating the company’s CEO.
Current Board Leadership
- Jay Hoag – Board Chair (since May 2024)
- John Foley – Co-Founder, Executive Chair
- Karen Boone
- Chris Bruzzo
- Angel Mendez
- Jonathan Mildenhall
- Pamela Thomas-Graham
- Barry McCarthy
This board includes tech, fitness, and digital experience experts, providing diverse perspectives.
Source: Peloton Investor Relations
Recent Leadership Changes & Policy Updates
- Peter Stern became CEO in January 2025, replacing interim leaders.
- Jay Hoag named Board Chair in May 2024, signaling a new strategic direction.
- Charles Kirol was appointed Chief Operating Officer (COO) in April 2025.
These changes were implemented to drive innovation and strengthen Peloton’s position in a rapidly evolving fitness market. For official updates, see Peloton’s Press Releases.
Peloton’s Business Structure: Is There a Parent Company?
Peloton Interactive, Inc. operates independently—there is no parent company. All business operations, including Peloton hardware, content, and digital services, are managed directly under the Peloton brand.
Frequently Asked Questions
Does John Foley still own Peloton?
John Foley is Peloton’s co-founder and remains a significant individual shareholder and board member, but he no longer controls or runs the company.
Can individuals buy shares in Peloton?
Yes, anyone can purchase Peloton stock on the Nasdaq (PTON) via a brokerage account.
Is Peloton at risk of a buyout?
No current buyout offers are public as of July 2025, though ongoing rumors are common in the fitness-tech sector.
Peloton Shareholder Structure Table
| Shareholder | Estimated Ownership (%) | Type |
|---|---|---|
| Vanguard Group | ~9% | Institutional |
| BlackRock, Inc. | ~7% | Institutional |
| FMR (Fidelity) | ~5% | Institutional |
| T. Rowe Price | ~4% | Institutional |
| Individual Investors | ~15% | Public |
| Other Institutions | ~60% | Institutional |
Source: Fintel.io Peloton Ownership (2025)
Conclusion: What Does Peloton’s Ownership Mean for You?
Peloton is owned by the public and led by a new CEO, Peter Stern, with an experienced and diverse board. This structure gives the company flexibility to adapt, innovate, and continue growing its fitness platform. Whether you’re an investor, member, or fitness fan, understanding Peloton’s leadership and ownership helps you make more informed decisions.
Interested in Peloton membership or investing? Check out the official site! For real-time updates, visit Peloton’s Investor Relations page.