Lyft names David Risher CEO, WSJ reports

Lyft has named board member David Risher CEO, with co-founders Logan Green and John Zimmer stepping back from managing the ride-hailing company, the Wall Street Journal’s Preetika Rana, Lauren Thomas, and Emily Glazer report. Risher, who has been on Lyft‘s board since 2021, will take over CEO duties from Logan Green, who will retain his board seat along with Zimmer, the authors note. "The macroeconomy is tough and the world is full of some uncertainty and that’s a real factor for sure and, then, when you zoom in one click, the competitive environment is tough. We have a very aggressive-very aggressive-competitor," Risher said in an interview. Reference Link