Business · Companies · 4 hrs ago

SoulCycle co-founder Ruth Zukerman says business partners forced her out

SoulCycle co-founder Ruth Zukerman says business partners forced her out

Ruth Zukerman says she was forced out of SoulCycle by fellow co-founders Elizabeth Cutler and Julie Rice.

She says the decision was delivered in a meeting about a year and a half after the company was founded in 2006.

Zukerman says she had brought riders from her Reebok Club classes and helped develop SoulCycle’s workout, but had never signed paperwork.

Cutler and Rice said in 2010 that they decided to part ways and wished Zukerman well.

After leaving, Zukerman founded rival indoor cycling chain Flywheel.

She is telling her story in the documentary Spin Wars, which explores the rivalry between SoulCycle, Flywheel and Peloton.

Zukerman said at a screening at the Hamptons International Film Festival that speaking about the experience now felt important to her.

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What people are saying

Ruth ZukermanSoulCycle co-founder
I’m 68. I literally had a thought at one point two years ago . . . ‘Why am I not talking about this?'
via Page Six
I would regret keeping this story secret
via Page Six
It’s been very cathartic, obviously, to finally tell the story
via Page Six
Elizabeth Cutler and Julie RiceSoulCycle co-founders
Ruth worked with us for a time. We decided to part ways. We wish her the best
via The New York Times, as quoted by Page Six