Lyft names Kristin Sverchek president

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Lyft Inc. on Thursday named a new president to replace John Zimmer after a shakeup at the ride-hailing company that saw co-founders Zimmer and Logan Green, who was chief executive, replaced last month. Kristin Sverchek, who has been with the company since 2012 as general counsel and who became president of business affairs in 2021, will be president of the company, a title new CEO David Risher was originally going to assume. Lyft said in a filing with the Securities and Exchange Commission that the change was recommended by Risher and approved by the company’s board in part to give Risher “greater capacity to focus on…

This article was originally published by Marketwatch.com. Read the original article here.

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