Lyft Names Michael Brous Chief Financial Officer
Lyft promoted eight-year insider Michael Brous to Chief Financial Officer effective September 28, 2026, succeeding Erin Brewer, who is retiring and will remain as an advisor through December 15, 2026. Brous currently heads Lyft Urban Solutions and Safety and Customer Care, where he oversaw a micromobility business with more than 195,000 bikes across 55 systems including Citi Bike, London's Santander Cycles, and Barcelona's Bicing. Alongside the transition, Lyft reaffirmed its Q3 2026 Gross Bookings, Adjusted EBITDA, and Adjusted EBITDA margin guidance originally issued August 6, 2026, with Q3 earnings due in November.
Key figures
- Guidance
- Q3 2026 Gross Bookings, Adjusted EBITDA, and Adjusted EBITDA margin guidance reaffirmed (originally provided August 6, 2026); Q3 earnings due November 2026
- Brous tenure years
- nearly 8
- Cfo effective date
- September 28, 2026
- Brewer tenure start
- 2023
- Micromobility bikes
- 195000
- Micromobility systems
- 55
- Monthly support interactions
- 1500000
- Outgoing cfo advisor through
- December 15, 2026
- Cumulative fcf under outgoing cfo
- $2 billion
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.