David Risher news and trends

Lyft’s 2024 Success Driven by Customer Focus, Price Lock Service
Ridesharing // February 11, 2025

One of the key factors behind Lyft’s success in 2024 was its focus on enhancing driver satisfaction and improving service reliability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Lyft Launches Price Lock Subscription Amid Surge in Ridership
Earnings // August 07, 2024

Ride-hailing platform Lyft on Wednesday (Aug. 7) announced performance benchmarks in the second quarter, reflecting strong engagement from both riders and drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Lyft President Kristin Sverchek to Leave Company After 12 Years
Ridesharing // July 23, 2024

Lyft President Kristin Sverchek will leave the company as an employee on Aug. 20 after serving in leadership roles for 12 years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Lyft Says ‘Continuous Innovation’ of App Earns Record Annual Ridership
Earnings // February 13, 2024

Lyft says differentiated offerings on its app helped drive its annual ridership to the highest level in the company’s history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Quick Reads
Lyft CEO David Risher: Surge Pricing ‘Deeply Unpopular’ With Customers

April 25, 2025
Lyft found that surge pricing is “deeply unpopular” with customers, CEO David Risher said in his annual letter to shareholders, released Thursday (April 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]

Lyft President Kristin Sverchek to Leave Company After 12 Years

July 23, 2024
Lyft President Kristin Sverchek will leave the company as an employee on Aug. 20 after serving in leadership roles for 12 years. Get the Full Story Complete the form to...

Lyft Says ‘Continuous Innovation’ of App Earns Record Annual Ridership

February 13, 2024
Lyft says differentiated offerings on its app helped drive its annual ridership to the highest level in the company’s history. Get the Full Story Complete the form to unlock this article...

Lyft Appoints Former Amazon and Microsoft Exec David Risher CEO as Founders Step Back

March 27, 2023
Locked in competition with Uber, which controls roughly 74% of the U.S. rideshare market, Lyft is changing leadership by appointing a new CEO as the company faces a difficult ride...