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  • TIME

    Peloton CEO John Foley wants to make the most of staying home

    May 22, 2020 4 minutes
    By Eben Shapiro

    LEADERSHIP IN BUSINESS HAS NEVER BEEN more important nor more urgently tested. To help understand what leadership in today’s economy requires, TIME is starting the Leadership Brief, a new weekly interview series with the world’s most influential CEOs. Our first interview is with John Foley, the CEO of Peloton. The startup, which was founded in 2012 in New York City and sold its first bike in 2013, now has a market cap of $12.7 billion. It has 3,500 employees worldwide and more than 2.6 million members taking its online classes.

    Peloton, which is benefiting from soaring demand for its bikes, quickly recognized a new opportunity among potential customers who are searching to address mental and physical health while sheltering at

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