Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Andrea Guzman

To earn profit, Lyft hired a CEO from a non-profit

Portrait of Lyft CEO David Risher on pink and beige background. (Credit: Courtesy of Lyft)

In its effort to reverse its long running lack of profit, Lyft has hired a new chief executive from an odd place: a non-profit organization.

David Risher, who will replace cofounder Logan Green as CEO of the ridesharing company on April 17, has spent the past 14 years overseeing Worldreader, a non-profit group that makes digital books more accessible to children around the world.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.