Lyft’s CEO steps down Nuked 20 November 2019 Overall (CNN) – The CEO of popular ride-hailing company Lyft Inc. has left the company, the company announced on Tuesday. The transition comes six months after Lyft’s highly-publicized launch in New York. Jason Droege, who had led Lyft since July 2016, has been named the new chief operating officer, Lyft said in a statement. John Zimmer, the founder and chairman of Lyft, said in a statement that Droege’s exit “allows us to focus on another key priority for us in 2019: ensuring a smooth, orderly transition of responsibilities from one Lyft founder to another.” Zimmer is also the president of Lyft, a position that Droege was scheduled to oversee in his new role. The company hasn’t named a replacement for Droege, or to assume leadership of Lyft’s operations. Despite Lyft’s success, Droege was not as visible as his predecessors, who had garnered cult-like loyalty among riders, drivers and investors, as the company went from a start-up to a publicly-traded company. Droege had been heading up Lyft’s corporate strategy as well as its brand. Droege could not be reached for comment. After Droege’s departure was announced, it came with a note to Lyft riders and drivers from Zimmer, citing an important milestone, and a nod to Lyft’s startup history. “We’ve come a long way since our first two co-founders set out on a path to create an affordable, efficient, reliable transportation option,” Zimmer wrote. “This is part of our shared legacy and the legacy of our company.” Lyft is the second ride-hailing company to have a high-profile CEO exit in recent weeks. Sam Zell, the legendary founder of Equity Group Investments, sold his 23.5% stake in Uber to SoftBank Group in October. Copyright 2018 by CNN NewSource. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Spread the fake ai universe Leave a Reply Cancel ReplyYour email address will not be published.CommentName* Email* Website Save my name, email, and website in this browser for the next time I comment.