---
schema_version: "secwatch.filing_event.v1"
accession: "0001759509-23-000067"
form_type: "8-K"
ticker: "LYFT"
cik: "0001759509"
company_name: "Lyft, Inc."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:54:01.519060+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001759509-23-000067
- form_type: 8-K
- ticker: LYFT
- cik: 0001759509
- company_name: Lyft, Inc.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000067/0001759509-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000067/lyft-20230515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001759509-23-000067
- JSON: https://secwatch.observer/filing/0001759509-23-000067.json
- Plain text: https://secwatch.observer/filing/0001759509-23-000067.txt

## Key facts
- Executive change
  Erin Brewer was appointed as Chief Financial Officer at Lyft, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On May 16, 2023, Lyft, Inc. (the “Company”) announced the appointment of Erin Brewer as the Chief Financial Officer (“CFO”) of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000067/0001759509-23-000067-index.htm
- Executive change
  Elaine Paul departed as Chief Financial Officer at Lyft, Inc..
  - Action: will depart
  - Role: Chief Financial Officer
  source text: Elaine Paul, the Company’s current CFO, will depart the Company effective May 19, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000067/0001759509-23-000067-index.htm
- Executive change
  Lisa Blackwood-Kapral changed role as Interim Chief Financial Officer at Lyft, Inc..
  - Action: will serve as interim CFO
  - Role: Interim Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759509/000175950923000067/0001759509-23-000067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.