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![]() Mark GurmanFortune |
Tom Conrad, a board member and former executive at Snap and Pandora, will be interim CEO.
Peloton, which thrived during pandemic lockdowns, has been mired in a deep slump over the past three years.
Top deputy Kevan Parekh will take over.
The unveiling will be followed by the phones going on sale Sept. 20, in line with Apple’s typical approach in recent years.