The Peloton legal chief who left the company this month earned just shy of $13.5 million in fiscal 2022, according to a Securities and Exchange Commission filing.
Hisao Kushi’s pay included $12.7 million in stock option awards and a $750,000 salary, according to the proxy statement. He also received a $750,000 severance payment upon his separation Oct. 3, the proxy showed.
The company that sells stationary bicycles connected to an interactive platform soared during early stages of the pandemic. It later was hit hard as people returned to gyms, with the company’s stock price declining 78% this year.
Kushi ...
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