Activist investor Blackwells calls on Peloton to fire CEO, explore sale

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: An activist is pushing Peloton to fire its chief executive officer immediately and consider a sale as its share price has plummeted.

Source: CNBC.com – video report

Date: Jan 23, 2022

Link: https://www.cnbc.com/2022/01/24/activist-investor-to-call-on-peloton-to-fire-ceo-explore-sale-report.html?recirc=taboolainternal

Questions for discussion:

  • Was this a failure of management? Leadership?
  • What would you advise the firm do now?

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