Lyft CEO and president to step down, former Amazon exec David Risher named as replacement
Summary
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the companys initial public offering (IPO) on March 29, 2019 in Los Angeles, California. Lyft s cofounders, CEO Logan Green and president John Zimmer, will soon step back from their day-to-day roles, the company announced on Monday. David Risher, a former retail executive at Amazon , will be CEO of the ridesharing company beginning April 17, when Green will step aside to serve as chair of the board. "I am honored to step into the CEO role at such an important moment in the companys history, and am prepared to take this business to new levels of success," Risher said in a statement. He was a top lieutenant of Amazon founder and executive chairman Jeff Bezos, and went on to serve as senior vice president of marketing and merchandising before exiting the company in 2002.