Lyft names Erin Brewer as CFO, effective July 10; Elaine Paul departs May 19; no change to Q2 guidance

Lyft, Inc.

Erin Brewer named CFO, starts July 10, 2023; previously Managing Director at Charles Schwab, Head of Strategy/Finance at Atlassian, EVP/CAO at McKesson.
Elaine Paul departs as CFO May 19; remains advisor through Nov 30, 2023. Lisa Blackwood-Kapral (CAO) serves as interim CFO until Brewer starts.
Brewer's compensation: $650K base salary, $650K signing bonus, $10.8M RSUs, $7.2M PSUs (subject to Board approval).
Company reaffirms Q2 2023 guidance (revenue, Contribution Margin, Adjusted EBITDA) as provided on May 4, 2023; no changes.
Q2 results expected in August; long-term targets planned for release later in 2023.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Erin Brewer

Chief Financial Officer

LYFT · Lyft, Inc.

Effective: 2023-07-10
Filed: May 16, 2023, 7:59 PM ET

On May 16, 2023, Lyft, Inc. (the “Company”) announced the appointment of Erin Brewer as the Chief Financial Officer (“CFO”) of the Company.

Departed

Elaine Paul

Chief Financial Officer

LYFT · Lyft, Inc.

Effective: 2023-05-19
Successor: Lisa Blackwood-Kapral (interim); Erin Brewer (permanent)
Filed: May 16, 2023, 7:59 PM ET

Elaine Paul, the Company’s current CFO, will depart the Company effective May 19, 2023.

Role change (interim)

Lisa Blackwood-Kapral

Interim Chief Financial Officer

LYFT · Lyft, Inc.

Effective: 2023-05-19
Filed: May 16, 2023, 7:59 PM ET

Lisa Blackwood-Kapral, the Company’s Chief Accounting Officer, will serve as interim CFO and principal financial officer during the period between Ms. Paul’s departure and the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Erin Brewer was appointed as Chief Financial Officer at Lyft, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 16, 2023, Lyft, Inc. (the “Company”) announced the appointment of Erin Brewer as the Chief Financial Officer (“CFO”) of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Elaine Paul departed as Chief Financial Officer at Lyft, Inc..

Action: will depart
Role: Chief Financial Officer

Exact text from the filing

Elaine Paul, the Company’s current CFO, will depart the Company effective May 19, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.8

Lisa Blackwood-Kapral changed role as Interim Chief Financial Officer at Lyft, Inc..

Action: will serve as interim CFO
Role: Interim Chief Financial Officer

Exact text from the filing

Lisa Blackwood-Kapral, the Company’s Chief Accounting Officer, will serve as interim CFO and principal financial officer during the period between Ms. Paul’s departure and the Effective Date.

View on SEC.gov

Lyft, Inc. filing history →

Source: SEC EDGAR

accession 0001759509-23-000067

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