Will Barry bring peloton back to sustainable level? Thoughts? Barry worked with Netflix & Spotify before. $168M package will make him one of the highest paid ceo in US. Challenge is his package is heavy on RSU, mean share have to trend up to materialise. https://www.ft.com/content/d93b7a10-8ebd-4137-bc25-c71100db7116 Tc:300 #engineering
Peleton will never return to its pandemic levels, the current levels are all they can sustain.
Will an exercise bike be exploitable for massive riches? Doubt
His aim will be an acquisition. He will get a double payout and any other option is near impossible now.
From my POV he came in too late and took too long to stop the death spiral. The only outcome I can see now is acquisition and/or selling off the company part by part (ex: Precor). Doubt he will ever get it back to the level he needs for his package to be worth anywhere near full value. Also for reference I am no longer there
high percentage of comp tied up in RSUs and options is the correct motivator.