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Peloton Interactive Executive Compensation (FY25)

PTON · Executive and director compensation, fiscal 2023 to 2025

The paid brief on Peloton Interactive

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 7, 2026Latest filing (DEF 14A): October 24, 2025
5 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Peloton Interactive brief$1,500Get the executive brief
296 figures on this page: 294 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Peter Stern
Median of the other named officers
$6,109,199
7 officers, excluding the chief executive
Latest say-on-pay support
=
December 3, 2024
Chief executive pay ratio
◇
To the median employee

More on Peloton Interactive

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Barry McCarthy → Peter Stern
CEO pay ratio: 31:1 → 107:1 (245.2% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Peloton Interactive's chief executive and what were they paid?
Peter Stern, Chief Executive Officer and President, received $18,236,835 in total compensation for fiscal 2025.
What was Peloton Interactive's say-on-pay result?
The say-on-pay proposal drew 82.3% of votes cast for or against in favor at the meeting held December 3, 2024 for fiscal 2024.
Which companies are in Peloton Interactive's peer group?
The disclosed peer group includes Alarm.com, Angi, Bumble, Corsair Gaming and DocuSign, among others.
What is Peloton Interactive's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 107:1, against median employee compensation of $182,512.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Foley
Former Executive Chairman and Former Chief Executive Officer
Departed during or after this year
◇——◇——◇◇
Leslie Berland
Chief Marketing Officer
◇—◇———◇◇
Jennifer Cotter
Chief Content Officer
◇—◇———◇◇
Thomas Cortese
Chief Product Officer
◇—◇———◇◇
Elizabeth Coddington
Chief Financial Officer
◇—————◇◇
Barry McCarthy
Chief Executive Officer and President
◇—————◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas Cortese
Former Chief Product Officer
Departed during or after this year
◇—◇◇——◇◇
Elizabeth Coddington
Chief Financial Officer
◇—◇———◇◇
Andrew Rendich
Chief Supply Chain Officer
◇—◇———◇◇
Jennifer Cotter
Chief Content Officer
◇—◇———◇◇
Nick Caldwell
Chief Product Officer
◇—◇———◇◇
Barry McCarthy
Former Chief Executive Officer and President
Departed during or after this year
◇——◇——◇◇
Chris Bruzzo
Interim Co-Chief Executive Officer and Co-President
Served on an interim basis
◇—◇———◇◇
Karen Boone
Interim Co-Chief Executive Officer and Co-President
Served on an interim basis
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Stern
Chief Executive Officer and President
◇◇◇◇——◇◇
Andrew Rendich
Former Chief Supply Chain Officer
Departed during or after this year
◇—◇◇——◇◇
Nick Caldwell
Chief Product Officer
◇—◇———◇◇
Elizabeth Coddington
Chief Financial Officer
◇—◇———◇◇
Jennifer Cotter
Chief Content Officer
◇—◇———◇◇
Dion Sanders
Chief Commercial Officer
◇—◇———◇◇
Karen Boone
Former Interim Co-Chief Executive Officer and President
Departed during or after this year
Served on an interim basis
◇—◇———◇◇
Chris Bruzzo
Former Interim Co-Chief Executive Officer and President
Departed during or after this year
Served on an interim basis
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andrew RendichRSU◇——◇——◇
Andrew RendichPSU◇◇◇—◇—◇
Chris BruzzoRSU◇——◇——◇
Chris BruzzoRSU◇——— withheld——◇
Chris BruzzoRSU◇——— withheld——◇
Dion SandersPSU◇◇◇—◇—◇
Dion SandersRSU◇——◇——◇
Elizabeth CoddingtonPSU◇◇◇—◇—◇
Elizabeth CoddingtonRSU◇——◇——◇
Jennifer CotterPSU◇◇◇—◇—◇
Jennifer CotterRSU◇——◇——◇
Karen BooneRSU◇——— withheld——◇
Karen BooneRSU◇——◇——◇
Karen BooneRSU◇——— withheld——◇
Karen BooneRSU◇——◇——◇
Nick CaldwellRSU◇——◇——◇
Nick CaldwellPSU◇◇◇—◇—◇
Peter SternRSU◇——◇——◇
Peter SternOPTION◇——◇—◇◇
Peter SternPSU◇◇◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
ELIZABETH CODDINGTONRSU◇◇——
Option◇—◇6/12/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
ANDREW RENDICHOption◇—◇6/30/2026
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
NICK CALDWELLRSU◇◇——
RSU◇◇——
RSU◇◇——
JENNIFER COTTERRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇8/31/2031
Option◇—◇8/31/2031
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
DION SANDERSRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇4/25/2029
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇4/25/2029
RSU◇◇——
RSU◇◇——
CHRIS BRUZZORSU◇◇——
RSU◇◇——
RSU◇◇——
PETER STERNRSU◇◇——
RSU◇◇——
Option◇—◇12/31/2034
KAREN BOONERSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Chris Bruzzo
Former Interim Co-Chief Executive Officer and President · Terms as described in the company’s compensation discussion · citing a 2025 filing
Change-in-control trigger◇
Equity acceleration on change in control◇
Dion Sanders
Chief Commercial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount◇
Equity acceleration on change in control◇
Elizabeth Coddington
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount◇
Equity acceleration on change in control◇
Karen Boone
Former Interim Co-Chief Executive Officer and President · Terms as described in the company’s compensation discussion · citing a 2025 filing
Change-in-control trigger◇
Equity acceleration on change in control◇
Nick Caldwell
Chief Product Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jay Hoag
Board chair
◇◇————◇
Chris Bruzzo
◇◇————◇
Angel L. Mendez
◇◇————◇
Pamela Thomas-Graham
◇◇————◇
Karen Boone
◇◇————◇
Tara Comonte and Peter Stern served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alarm.com ALRM
  • Angi ANGI
  • Bumble BMBL
  • Corsair Gaming CRSR
  • DocuSign DOCU
  • Dropbox DBX
  • Duolingo DUOL
  • fubo TV symbol not shown
  • Garmin GRMN
  • GoPro GPRO
  • IAC IAC
  • Lyft LYFT
  • Match Group MTCH
  • Pinterest PINS
  • Roku ROKU
  • Sonos SONO
  • Zillow Group Z

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024December 3, 2024=◇◇◇
2021December 7, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Peloton Interactive disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Peloton Interactive sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
296 figures on this page: 294 cited to the filing that reported them, 2 calculated from figures it prints.
294 cited to the filing
2 calculated from the filing

Documents cited

  1. 0001193125-25-249989
    CEO PAY RATIO · Compensation Discussion and Analysis · Director Compensation · Director Compensation table · and 4 more sections
  2. 0001639825-24-000216
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0001193125-24-241065
    FISCAL 2024 SUMMARY COMPENSATION TABLE
  4. 0001193125-23-264093
    FISCAL 2023 SUMMARY COMPENSATION TABLE
  5. 0001639825-21-000345
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Peloton Interactive executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/PTON (accessed 2026).
Short form: data: Velarion

The paid brief for Peloton Interactive

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Peloton Interactive discloses

The companies named in PTON's own disclosed peer group.

Alarm.comAngiBumbleCorsair GamingDocuSignDropboxDuolingoGarminGoProLyftMatch GroupPinterestRokuSonosZillow Group

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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