Blackwells Capital Activist Presentation Deck
A
PELOTON'S NEW SUPPLY CHAIN EXECUTIVE SEEMS ILL-EQUIPPED
I
Blackwells does not believe that Peloton's new Chief Supply Chain Officer has the foundational experience
necessary to run a complex manufacturing and distribution operation
The appointment of Peloton's new Chief Supply
Chain Officer raises a number of questions:
Peloton's press release announcing Mr. Rendich's
appointment noted that he would remain with Grove
Collaborative. Is Mr. Rendich's role at Peloton part-time?
How will Mr. Rendich balance his responsibilities at Grove
with his additional duties as head of Peloton's Distribution,
Member Support and Information Technology teams?
What aspects of Mr. Rendich's experience at Netflix a
company which has virtually no manufacturing complexities
- prepared him for this C-suite role at Peloton?
BW BLACKWELLS CAPITAL
(1) Source: Peloton Press Release, March 10, 2022.
"[Andrew Rendich] previously served as Chief
Operating Officer at Grove Collaborative...
While at Peloton, Rendich will also stay on at
Grove in an advisory capacity...
667
P
PELOTON
NETFLIX
NETFLIX
BUSINESS REPLY MAIL
LA
Nearest Netflix Shipping Facility
Movie Lover
555 Anystreet
Anytown, USA
PARD
Andrew Rendich
Chief Supply Chain Officer
24View entire presentation