Lyft names Michael Brous as CFO; shares slip

Lyft

09/09/2026 15:10

** Shares of ride-hailing firm Lyft LYFT.O slip 5.7% to $15.31
** Co appoints Michael Brous as its CFO, effective September 28 
** Brous will take over from Erin Brewer, who is retiring as CFO, but will remain advisor through December 15
** Brous currently heads LYFT's urban solutions and safety and customer care divisions
** Eighteen of 50 brokerages rate the stock "buy" or higher, 30 "hold" and two "sell" or lower; their median PT is $18 - LSEG-compiled data
** Including session's moves, stock down 20.4% YTD

 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))