How Stern was paid
$18.2M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Other | Total |
|---|---|---|---|---|---|---|
| Peter SternChief Executive Officer and President | $615,385 | $1,625,000 | $10,792,378 | $5,000,000 | $204,073 | $18,236,835 |
| Karen BooneFormer Interim Co-Chief Executive Officer and President | $1,010,769 | — | $1,059,830 | — | $240,693 | $2,311,292 |
| Chris BruzzoFormer Interim Co-Chief Executive Officer and President | $623,077 | — | $571,426 | — | $276,617 | $1,471,120 |
| Elizabeth CoddingtonChief Financial Officer | $1,000,000 | — | $5,096,660 | — | $15,200 | $6,111,860 |
| Jennifer CotterChief Content Officer | $1,000,000 | — | $5,096,660 | — | $12,538 | $6,109,199 |
| Nick CaldwellChief Product Officer | $1,000,000 | — | $5,096,660 | — | $88,433 | $6,185,093 |
| Dion Camp SandersChief Commercial Officer | $1,000,000 | — | $4,538,191 | — | $15,799 | $5,553,990 |
| Andrew RendichFormer Chief Supply Chain Officer | $1,000,000 | — | $6,000,720 | $65,848 | $1,060,031 | $8,126,600 |
What changed and why
- $1.6M$1,625,000 bonus included Stern’s $1,000,000 signing bonus and $625,000 prorated annual bonus.
- $20M$20,000,000 equity package for Stern comprised $5,000,000 options, $10,000,000 RSUs and $5,000,000 PSUs.
- Fiscal 2025 introduced performance stock units tied to Free Cash Flow goals.
- 200%200% maximum PSU achievement was earned and vested in full on September 15, 2025.
- $850KFiscal 2026 reduced most NEO salaries to $850,000 and introduced a new annual cash bonus opportunity.
- $1M$1,000,000 cash severance was included in Rendich’s Fiscal 2025 compensation.
Other Peloton Interactive proxy statements
- 2026 proxy statement
Peter Stern paid $33M (+81% on the year), pay ratio 174:1.
Filed Oct 23, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.