Precor reported it was repositioned as a wholly-owned subsidiary under Peloton, led by Dustin Grosz, the fitness equipment maker’s interim CEO.

As part of the transition, Betsy Webb will step down as vice president of Peloton Commercial, which had supported the Precor subsidiary, effective January 6, 2023.

Grosz, a fitness industry veteran of 30 years, most recently guided the restructuring of Core Health and Fitness. Before that, he was president and CEO of StairMaster. Grosz also held various positions while working at Nautilus, Inc. for seventeen years.

Webb, formerly at Microsoft, joined Peloton as VP of Peloton Commercial in 2021, beginning with the Americas. Her role expanded to lead Peloton Commercial globally. Under her leadership, the Peloton Commercial team implemented go-to-market strategies, including third-party commercial distribution and its global Hilton partnership.

Photo courtesy Precor