Karen Boone

Former Interim Chief Executive Officer, Interim President & Director, Peloton Interactive

Search every verified Karen Boone interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Karen Boone, serving as Peloton's interim co-CEO, discussed the company's ongoing search for a permanent chief executive during the company's Q4 fiscal 2024 earnings call on August 22, 2024. She stated that the search was "well underway" with a narrowing list of qualified candidates, assisted by an executive search firm, and noted that while the company aimed to move quickly, finding the right leader was the top priority. Boone also indicated that she expected the new CEO to be introduced on the next quarterly earnings call. Boone also addressed Peloton's financial and operational strategy, highlighting the completion of a balance sheet refinancing that reduced debt by roughly $200 million and extended average maturities to 2029, which she described as competitively priced and oversubscribed. She emphasized the company's focus on executing its restructuring plan, optimizing spending across the P&L, improving working capital efficiency, and making targeted investments in areas such as the Tread product and strength-related content and community features.