Barry McCarthy is the new CEO of Peloton, a fitness company, and is known for having previously served as the CFO of the Spotify music platform. He is known for his financial acumen and effective moves that have always proven profitable for businesses.
Early life
Barry McCarthy was born in San Francisco in 1953, but his exact date and place of birth are unknown. He also hasn’t revealed any details about his parents or family members, but it’s believed he was born into a white Christian family. It is known that Barry completed his bachelor’s degree in art history from his alma mater, Williams College. He also has an MBA in finance from Wharton Business School, which he earned in 1980. Apart from that, no information about his early and school life can be found.
Career of Barry McCarthy
Barry began his career in 1993 as CEO at music programming company Music Choice. He worked in this position for over 6 years and then left the company to serve as Chief Financial Officer of Spotify and Netflix. Barry began working with Netflix in 2000 and was the company’s CFO for over a decade. However, he left the company in 2010 after shifting its momentum from a DVD distribution to an online subscription streaming platform. Barry joined Spotify in 2015 and was the one seeking direct listing to go public. He has served as General Manager for over 5 years and only recently left his job in 2020.
Subsequently, Barry continued as a board member of Spotify and also served as COO for Clinkle and has also served on the boards of Eventbrite, Pandora, Rent the Runway, Chegg and Nature Box. He was recently named CEO of fitness company Peloton after the company went through many ups and downs. It is facing a sharp fall in share prices, sales are slowing down, prices are falling and there have also been rumors of acquisition. Barry has succeeded Peloton co-founder John Foley as the new CEO and has taken some quick steps to get the company back on track. He is also currently a member of the board of directors of Instacart.
Barry McCarthy Biography | |
|---|---|
| Real name | Barry McCarthy |
| date of birth | 1953 |
| Age (as of 2022) | 68 years |
| place of birth | United States |
| nationality | American |
| job | Peloton CEO |
| religion | Christianity |
| sun sign | – |
Physical Statistics | |
| height | in feet inches – 5′ 9” – in centimeters – 175 cm |
| Weight | in kilograms – 72kg – in pounds – 158 pounds |
| shoe size | 10 (US) |
| Hair color | Brown |
| eye color | Brown |
| body type | average |
Family | |
| father | – |
| mother | – |
| sister | – |
| Brothers | – |
Qualification/Education | |
| school | – |
| University | Williams College, Wharton Business School |
Relationship status | |
| marital status | Married |
| Who is Barry McCarthy’s wife? | – |
| children | – |
Personal life
Barry is currently known to be married but has not revealed the names of his wife or children. He leads a private life away from the public eye and enjoys living a low-key lifestyle with his family. He currently resides in San Francisco. Barry is not very active on social media platforms such as Instagram, Twitter or Facebook and does not have any active accounts on such platforms. However, he has a well-updated LinkedIn profile for his professional connections and contacts.
Barry McCarthy Net Worth
Barry McCarthy has held key Board Member, CEO and CFO positions in several leading companies and corporations and has accumulated a fortune over the years. His net worth as of 2021 is estimated to be around $9 million.
Facts About Barry McCarthy
- Netflix launched its online streaming service in 2007 with 1000 movies available on the platform and Barry remained confident that he would become a game changer.
- Barry has planned to cut 2,800 jobs at the company.
- He has also worked in leadership positions at companies and firms such as Booz, CSFB and BMP Partners.
- Barry first joined Technology Crossover Ventures in 2011 as a Venture Partner and then became an Executive Advisor.