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Lyft says two board members have resigned

Clyde Edgerton by Clyde Edgerton
October 13, 2023
in Markets
Lyft says two board members have resigned
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Ride-hailing platform Lyft Inc.
LYFT,
-5.53%
on Friday said that Mary Agnes Wilderotter and Valerie Jarrett had resigned from the company’s board, due to what it described as “their other professional responsibilities.” Lyft said the two notified the company of their resignations on Thursday, adding that “neither Ms. Wilderotter nor Ms. Jarrett resigned from the Board due to any disagreement with the Company on any matter related to the Company’s operations, policies or practices.” In connection with the departures, Lyft’s board appointed Prashant Aggarwal as chair of the nominating and corporate governance committee, and appointed Janey Whiteside as a member of that committee. The board has also lowered the number of authorized directors from 10 to eight. Shares of Lyft were up 0.1% in after-hours trading on Friday.

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Clyde Edgerton

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