Lyft names Michael Brous CFO effective Sept 28; Erin Brewer retires, stays as advisor

Lyft, Inc.

Michael Brous appointed CFO effective Sept 28, 2026; Erin Brewer retires and advises through Dec 15, 2026.
Brous receives $650k base salary, 50% target bonus, RSUs worth ~$2.775M, PSUs ~$775k, $11,250/mo housing stipend.
Brous joined via Motivate acquisition in 2018; led Lyft Urban Solutions with 195k bikes across 55 systems.
Lyft reaffirms Q3 2026 guidance for Gross Bookings, Adjusted EBITDA, and margin; no figures provided.
Brewer's tenure: achieved GAAP profitability and generated over $2B free cash flow since 2023.

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