An empty Lyft pickup space is proven as ride-share drivers maintain a rally as a part of a statewide day of motion to demand that ride-hailing firms Uber and Lyft comply with California regulation and grant drivers “primary worker rights,” in Los Angeles on Aug. 20, 2020.
Mike Blake | Reuters
Lyft introduced Tuesday that firm president Kristin Sverchek will probably be leaving on Aug. 20.
The ride-hailing service stated Sverchek’s exit just isn’t as a consequence of a disagreement throughout the firm, its board of administrators or administration, and isn’t associated to Lyft operations or insurance policies. Sverchek will proceed serving as a nonemployee advisor by way of Nov. 30.
Sverchek joined the corporate in 2012, and has additionally held positions as basic counsel and president of enterprise affairs.
Lyft CEO David Risher stated within the launch that the corporate will probably be “ceaselessly grateful” to Sverchek, who “helped pour the inspiration all the rideshare business rests upon.”
The corporate additionally stated Sverchek will probably be entitled to severance advantages, together with a $650,000 money fee.
Lyft shares closed marginally larger on Tuesday.
