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Strassel Allysia Finley More Editorials Commentary Future View Houses of Worship Cross Country Letters to the Editor The Weekend Interview Potomac Watch Podcast Foreign Edition Podcast Free Expression Podcast Opinion Video Notable & Quotable * Books & Arts Reviews Film Television Theater Masterpiece Series Music Dance Opera Exhibition Cultural Commentary Art Sections Arts Books More WSJ Puzzles What To Watch * Real Estate Sections Commercial Real Estate More Real Estate Video * Life & Work Sections Cars Careers Food & Drink Home & Design Ideas Personal Finance Recipes Travel Wellness Columns Your Health Work & Life Carry On Bonds Turning Points On Wine On The Clock More WSJ Puzzles Space & Science * Style Sections Lifestyle Fashion Film Television Music Art & Auctions Columns My Monday Morning Off Brand On Trend * Sports Sections MLB NBA NFL Golf Tennis Soccer Columns Jason Gay Search This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ lyft-hires-new-ceo-as-founders-step-back-amid-struggles-with-competition-493d1aa5 * Tech Lyft Hires New CEO as Founders Step Back Amid Struggles With Competition David Risher, board member since 2021, will succeed co-founder Logan Green Photo: Nikki Ritcher for The Wall Street Journal By Preetika Rana , Lauren Thomas and Emily Glazer Updated March 27, 2023 4:47 pm ET print Listen to article (1 minute) Lyft Inc., grappling with competition and a battered stock price, is tapping a board member as its chief executive, and its two co-founders will step back from managing the company, the ride-sharing company said Monday. David Risher, who had management stints at Amazon.com Inc. and Microsoft Corp. before starting a childhood-reading nonprofit in 2009, will take over from Logan Green, who co-founded Lyft with current President John Zimmer. The pair will retain their seats on the board but not participate in running Lyft day-to-day. 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