Barry McCarthy

Barry McCarthy is the CEO of Peloton. He was announced as CEO in February 2022, replacing Peloton co-founder John Foley as chief executive of the fitness company, while Foley becomes executive chairman.

Prior to Peloton, McCarthy was the CFO of Spotify. McCarthy began working at Spotify in 2015, a year after he joined the company’s board. He’s credited with pushing the company to pursue a direct listing to go public, helping the company avoid the traditional fees and hoops of an initial public offering. McCarthy left the music streaming company in early 2020 but rejoined its board. He also currently serves on the board of Instacart.

Prior to joining Spotify, McCarthy was Netflix’s CFO for more than a decade under co-founder Reed Hastings. He took the company public while it was still known for shipping DVDs to customers’ mailboxes. By the time he left the company in late 2010, Netflix had begun streaming television shows and movies on its website and was about to split subscription plans for renting DVDs and streaming.

Between his stints at Netflix and Spotify, McCarthy briefly served as chief operating officer for Clinkle, a mobile payments company. He has also sat on the boards of Eventbrite, Pandora, Rent the Runway, Chegg and NatureBox. His first CFO role was at Music Choice, a music programming company, from 1993 to 1999.