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> The move comes days after a new chief executive officially took control...A Lyft spokeswoman said its new CEO “has made clear to the company that his focus is
by gnicholas 4y ago
> The move comes days after a new chief executive officially took control...A Lyft spokeswoman said its new CEO “has made clear to the company that his focus is on creating a great and affordable experience for riders and improving drivers’ earnings....”
If the new CEO took over "days" ago, to what extent was this his decision? I'd think it would take weeks for a longtime CEO to cut this many roles, and a new CEO has to get up-to-speed on all aspects of the business before being able to do anything major. Perhaps he spent 6 months vetting the company during the courtship phase, and was planning this all during that time?
- rexreed 4y agoI think Elon Musk would tell you otherwise
- gnicholas 4y agoIIRC he had pretty fine-grained data during the months-long acquisition process, which would have enabled him to make decisions like this soon after officially taking over. I don't know how much data is shared with a potential CEO hire (versus a new owner).
- jy1 4y agoFWIW He was a Lyft board member for a long time before he was CEO.