Barry McCarthy (CFO) Spotify & Netflix to replace current CEO Peloton, John Foley

Despite his access to Spotify and Netflix, Peloton’s new CEO Barry McCarthy’s Wikipedia remains unavailable.

Barry McCarthy is a businessman and an investor.

Barry McCarthy, the current CEO and co-founder of Peloton, is poised to be replaced by John Foley, the former CFO of Spotify and Netflix. Following McCarthy’s formal joining period, Foley will serve as executive chairman.

He has taken on the new post at Peloton after a successful career in management consulting, investment banking, and the media and entertainment industries.

Peloton has hired experienced tech executive Barry McCarthy to help stabilize the company after a few years of ups and downs.

Who is Barry McCarthy, the new CEO of Peloton? Wikipedia

Barry McCarthy, 69, has taken over as CEO of Peloton, succeeding John Foley.

He earned his MBA in Finance from The Wharton School in 1980, according to his LinkedIn profile. Aside from being a member of the Spotify board of directors, he is also a member of the Insta Cart board of directors. He has been on the board of directors since January 2021 and has been in this position for more than a year.

Barry began his career in the 1980s at Credit Suisse First Boston, then moved on to Music Choice, a music firm, where he served as CFO for the first time. After that, he worked at Netflix and under Hastings, he completed a typical IPO.

He joined Spotify’s board of directors in 2014, and after a year, he was promoted to CFO and Global Head of Free Business.

Barry is a character that prefers to keep a low profile and is not used to being the center of attention. According to Vox, it was his decision to take Spotify public without the help of investment banks in a straight listing offering.

McCarthy, who is known for his unconventional and sometimes contentious public offerings, does not want or expect to be remembered in history.

Ex-CFO of Spotify and Netflix, Barry McCarthy net worth

Given his decades of professional experience, Barry McCarthy’s net worth might be in the millions.

According to Wallmine, Barry McCarthy’s total salary at Spotify Technology is €7,250,600, or $9,818,254.98.

Barry McCarthy’s Wife And Children

The name of Barry McCarthy’s wife has not been found on the internet.

When it comes to his personal life, the businessman keeps his marriage, children, and family information private. McCarthy has opted to keep his personal life hidden from the public eye, aside from his work.

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