Lyft Appoints Michael Brous as New CFO Amid Expansion into Autonomous Vehicles
Rideshare company Lyft has announced that Michael Brous will become its next Chief Financial Officer, succeeding Erin Brewer who is retiring. The transition is set to take effect on September 28 and includes a period of advisory support from the outgoing CFO until December 15. Brous currently leads Lyft Urban Solutions and safety operations at Lyft and has been with the company since 2018 through its acquisition of Motivate, where he served as VP of finance. His appointment coincides with Lyft's expansion into autonomous vehicle (AV) services, including a partnership with Waymo to offer driverless rides in Nashville. Lyft’s CEO David Risher praised Brous for his financial expertise and operational experience, stating that the company is entering a new phase of growth under his leadership. As part of his compensation package, Brous will receive an annual base salary of $650,000 along with performance-based bonuses and stock awards totaling approximately $2.7 million.
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Topics: CFO Appointment Leadership Transition Lyft Robotaxi Expansion