Can the turnaround continue when the turnaround CEO leaves?

Motley Full Money. I'm DeJro Willard here with Motley Fool contributor

Jason Hall. Jason, how's your Thursday going? It's going great. It is

earning season. So much happening and we got a bit of a bombshell this morning.

We did indeed, you know, I wanted to bring you

wanted to talk big oil, but before we do that we've got to talk about that

bombshell. So Peloton, CEO Barry McCarthy, he's out. He's leaving the company after just a little over two years.

You know, it's so interesting he was supposed to be the guy who's going to turn it around.

He's got the Netflix credibility.

I don't know.

I'm wondering what's next. earning close earnings call was kind of

of full around about the turnaround talk we're still turning around but this turn around

is taking a lot longer than anyone thought it would yeah there's no doubt about it

and this and it certainly has gotten more complicated anyone thought it would. Yeah, there's no doubt about it.

And it certainly has gotten more complicated because on the surface you look at it and it feels like, hey,

mission accomplished at least a big part of the mission of turning the company around getting its

financial house in order trying to right size operations they they touted

being cash flow positive free cash flow positive this quarter but man the more I've been thinking about this and reading a few follow-up stories of what's going on,

maybe the story is more complicated than we think.

So here's how I'm thinking about, Tiedra.

So let's start with the

McCarthy story because we have two things right we have the leadership

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