Lyft Inc. announced on May 23, 2025, that Ariel Cohen resigned from its Board of Directors, effective immediately. The company filed this information with the SEC, indicating a change in its governance structure.
The departure of a board member can influence the board's composition and strategic direction. This change follows a period of heightened investor scrutiny and an activist campaign that recently concluded.
Lyft's board will continue to oversee the company's operations and strategic initiatives. The company has not yet announced a replacement for the vacant board seat.
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