Board member David Risher will likely be taking up the highest position. Risher, a former Amazon and Microsoft govt, ran non-profit Worldreader for over a decade earlier than becoming a member of Lyft’s board in 2021.
In a letter to Lyft workers, Zimmer mentioned, “As pandemic isolation and political polarisation have exposed cracks in our greater sense of community, our mission to bring people together has become even more important.”
“We started with a crazy idea that we would put pink moustaches on regular people’s cars and create a community movement. We were met with disbelief and doubt. But thanks to all of you, we did it,” he added.
Thanking his cofounder and CEO Logan Green, Zimmer mentioned, “none of this would be possible without your strong and steady leadership, and your beautiful mind for innovation.”
In his letter to the group, Green mentioned that constructing Lyft has been “one of the most fulfilling experiences” of his life.
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“This was an adventure of a lifetime, and I’ve loved every minute of it — the sweetness of the highs, and the pain of the lows that make you appreciate the next win that much more. I’m eternally grateful to this team,” Green wrote.The change of guard at Lyft which competes with greater rival Uber, comes after a weak quarterly forecast worsened considerations that income would get squeezed by value cuts undertaken to maintain up with greater rival Uber – which boasts higher pricing energy, a worldwide presence and a meals supply business.
The firm, which was based in 2012 and went public in 2019, is but to report an annual revenue however has trimmed losses through the years regardless of its business coming to a halt through the pandemic.
Source: economictimes.indiatimes.com