The LinkedIn posts of departing Peloton employees (and those people in the industry willing to help them) are piling up on Tuesday, one comes from the former CEO of Precor.
Peloton spent $420 million to buy commercial fitness giant Precor in December 2020 as it sought to build out production capacity to support its then views of strong future demand. It stands as the company’s largest acquisition in its history. The acquisition gave Peloton 625,000 square feet of U.S. manufacturing capacity with in-house tooling and fabrication, product development and quality assurance in North Carolina and Washington.
But with demand for Peloton bikes and treads on the decline, former Precor CEO turn senior vice president commercial at Peloton, Rob Barker, is departing along with his direct report William Lynch (who will stay on Peloton’s board, however).
“Since joining Precor UK as a sales rep for…
