Peloton names Siddharth Thacker as permanent CFO with $8M equity package

Filed May 26, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

• high

  Siddharth Thacker appointed permanent CFO effective June 22, 2026, replacing interim CFO Saqib Baig who returns to Chief Accounting Officer role. Thacker previously served as CFO of Rent the Runway.

  Item 5.02 verify on EDGAR →
• medium

  New CFO compensation includes $635,000 base salary, 60% annual bonus target (prorated for 2026), and $8 million in equity awards split between time-based ($5.75M) and performance-based ($2.25M) restricted stock units, subject to board approval.

  Item 5.02: Compensation verify on EDGAR →
• low

  Thacker will participate in Peloton's Severance and Change in Control Plan as a Tier 1 participant, providing severance protections in termination or change-of-control scenarios.

  Item 5.02: Severance verify on EDGAR →