https://apnews.com/157ba44b0e2ff03a5b8e09210db31cb5

The co-founder of Peloton is stepping down as chief executive after an extended streak of tumult at the exercise and treadmill company.

John Foley first pitched the idea of an interactive exercise bike in 2011, hoping to disrupt the industry. He will give up the CEO position and become executive chair at Peloton Interactive Inc.