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Re:

Lyft Co-Founders Step Down From Executive Roles, Then Leave Board in 2025

Lyft’s founders moved out of full-time executive roles in 2023, then left the board in August 2025. Here are the dates, successors and governance changes.
From TheFinanceBase Team2 min to read
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Lyft’s co-founders stepped away from full-time executive management in 2023, but they did not leave the company then. Logan Green became board chair and John Zimmer became board vice chair; both remained directors until their planned board departure in August 2025.

What happened in 2023?

Lyft announced its leadership succession plan on March 27, 2023. The company said its co-founders, then CEO Logan Green and president John Zimmer, had decided to move from full-time executive management into non-executive board roles. Lyft’s announcement described the change as a transition to chair and vice chair of the board—not an immediate departure from Lyft.

The changes took effect in stages. Lyft’s March 27, 2023 Form 8-K records David Risher’s appointment as CEO and Green’s move to board chair on April 17. Sean Aggarwal became lead independent director that day. Zimmer’s move from president to non-executive vice chair took effect June 30; Risher became President and CEO on July 1.

Date Leadership change
March 27, 2023 Lyft announced the succession plan. Green was CEO, Zimmer was president, and Risher was a board member.
April 17, 2023 Risher became CEO; Green became board chair; Aggarwal became lead independent director.
June 30, 2023 Zimmer’s transition from president took effect, and he became board vice chair.
July 1, 2023 Risher became President and CEO.

Who replaced Logan Green as Lyft CEO?

David Risher, who had been a Lyft board member, succeeded Green as CEO effective April 17, 2023. He assumed the combined President and CEO title on July 1. Green moved into the board chair role rather than leaving Lyft at the time of the CEO transition.

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Did the founders leave Lyft in 2023?

No. The 2023 change was a move out of full-time executive jobs into non-executive board service. Green served as chair and Zimmer as vice chair after their management transitions. Their later board departure was a separate event.

When did Green and Zimmer leave Lyft’s board?

Lyft announced on August 14, 2025, that Green and Zimmer intended to leave the board that day. The company also announced that Aggarwal had been elected board chair. Lyft characterized the departure as “marking the successful completion of a two-year transition plan”; that is the company’s description of the transition.

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Lyft said the founders would convert all their Class B shares to Class A on August 15, 2025. The company stated that, after conversion, all common shareholders would have equal voting rights. Its announcement reported approximately 9.69 million combined Class A shares held by Green and Zimmer following the conversion; that is a company-reported figure tied to the 2025 announcement, not a live ownership total. Lyft’s August 14, 2025 board and governance announcement gives the details.

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Why did Lyft’s co-founders step down?

The company announcements establish the leadership changes and their timing, but do not establish an independent explanation for why Green and Zimmer chose that timing. They should not be described as forced out or as leaving in response to a specific business result on the basis of these announcements alone.

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