An empty Lyft pick-up 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 observe 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 can be leaving on Aug. 20
The rideshare service stated Sverchek’s exit isn’t on account of a disagreement inside 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 normal council and president of enterprise affairs.
Lyft CEO David Risher stated within the launch that the corporate can be “endlessly grateful” to Sverchek, who “helped pour the inspiration the whole rideshare trade rests upon.”
The corporate additionally stated that Sverchek can be entitled to severance advantages, together with a $650,000 money fee.
Lyft shares closed marginally greater on Tuesday.
