Peloton Interactive has appointed Liz Coddington as the company’s Chief Financial Officer, effective from June 13, 2022. Coddington has more than 20 years of experience in financial planning and analysis and operational finances. She succeeds Jill Woodworth, who has decided to step down as Peloton’s CFO after serving the company since 2018.
Woodworth will serve as a consultant for Peloton on an interim basis, ensuring a smooth transition and supporting the company in preparation to report its FY2022 financial results.
Most recently, Liz Coddington served as Vice President of Finance for Amazon Web Services. Prior to Amazon Web Services, she held senior leadership roles at B2B and consumer-facing companies, including as CFO of Adara and Walmart.com, as well as Vice President, Financial Planning and Analysis of Netflix.
She holds a Bachelor of Science in Chemical Engineering from the Massachusetts Institute of Technology and a Master of Business Administration from the University of North Carolina at Chapel Hill.
Peloton CEO Barry McCarthy said “Liz is a deeply talented finance executive and will be an invaluable addition to Peloton’s leadership team.
“Having worked at some of the strongest and most recognizable technology brands, she not only brings the expertise needed to run our finance organization, but she has a critical understanding of what it takes to drive growth and operational excellence.
“I have seen her intellect, abilities, and leadership first-hand and am excited to work closely with her as we execute the next phase of Peloton’s journey.”
McCarthy continued, “I would like to thank Jill [Woodworth] for four years of dedicated service. She scaled the global finance function through an extraordinary period, led the company through its IPO, and has been an integral member of the leadership team. We wish Jill well in the next phase of her career and are grateful for all her contributions.”
With its connected fitness offering, and the streaming of immersive, instructor-led classes, Peloton reports a community of more than 7 million members. The business boomed during the pandemic, but has since struggled to maintain its growth momentum.
