© Reuters. FILE PHOTO: The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson/File Photo
(Reuters) -Lyft Inc said on Tuesday Erin Brewer will replace chief financial officer Elaine Paul, who is leaving the ride hailing company months after a new CEO was appointed.
The company said Paul, who has served as Lyft (NASDAQ:) CFO since January 2022, was leaving on May 19, and announced Brewer’s expected joining on July 10. Chief Accounting Officer Lisa Blackwood-Kapral will serve as finance chief in the interim.
The changes come after Lyft forecast a dull second quarter earlier this month, as price cuts in its race with bigger rival Uber Technologies (NYSE:) Inc to add more riders take a toll on margins.
Brewer has previously served as the managing director, enterprise finance, at Charles Schwab (NYSE:) & Co and head of strategy and finance at software company Atlassian (NASDAQ:).
Lyft in March picked board member David Risher as its CEO.
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