UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On March 22, 2021, Lyft, Inc. (the “Company”) announced that Eisar Lipkovitz will step down as Executive Vice President, Rideshare and Engineering. Mr. Lipkovitz is expected to remain employed with the Company as its Executive Vice President of Revenue and Market Operations through May 31, 2021. Following his departure as an employee, he is expected to continue to serve as an advisor to the Company until November 20, 2021 during which period, in exchange for his services, his outstanding equity awards will continue to vest, provided that he remains as a service provider to the Company.
In connection with Mr. Lipkovitz’s transition, Ashwin Raj, Vice President, Payments and Customer Platform, will assume the majority of Mr. Lipkovitz’s responsibilities. Mr. Raj’s new title will be interim Head of Rideshare. Mr. Raj joined the Company on May 1, 2017.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LYFT, INC. | ||||||
Date: March 22, 2021 | /s/ Brian Roberts |
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Brian Roberts | ||||||
Chief Financial Officer |