Breaking: Lyft's two co-founders will step down from managing the company. David Risher, a board member since 2021, will be its new CEO.
, is tapping a board member as its chief executive, and its two co-founders will step back from managing the company, the ride-sharing company said Monday.
David Risher, who had management stints at Amazon.com Inc. and Microsoft Corp. before starting a childhood-reading nonprofit in 2009, will take over from Logan Green, who co-founded Lyft with current President John Zimmer. The pair will retain their seats on the board but not participate in running Lyft day-to-day.
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