Lyft announced that Erin Brewer has been named Lyft’s Chief Financial Officer, effective July 10. Brewer replaces Elaine Paul, who is leaving Lyft but will remain as an advisor until November 30, 2023. Lisa Blackwood-Kapral, Chief Accounting Officer, will serve as interim CFO until Ms. Brewer’s start date.
“Erin has succeeded at everything she’s done,” said Lyft CEO David Risher. “She’s led high-growth businesses; she knows how to operate efficiently at scale; and she puts customers at the center of her work. I’m thrilled to team up with her to lead the charge to growth and profitability.”
Between May 2020 and October 2022, Brewer served as Managing Director Enterprise Finance at Charles Schwab & Co where she led her team through historic client and asset growth, scaling efficiently while retaining the company’s renowned focus on serving customers. Prior to Schwab, she served as Head of Strategy and Finance at Atlassian between September 2018 and April 2020, growing the finance team through post-IPO rapid revenue growth, and working shoulder-to-shoulder with product teams to innovate at speed for customers. Brewer spent 13 years at McKesson, in leadership roles touching every part of a public company’s finance function, including as EVP and chief accounting officer, a board member for McKesson Ventures, head of investor relations, and senior finance and financial planning and analysis roles.
All Brewer’s roles focused on operating the business as efficiently as possible in a competitive marketplace, while supporting growth. She holds a B.S. in Accounting from Purdue University and an M.B.A. from the Haas School of Business at the University of California, Berkeley.
“Lyft is an iconic brand with an important purpose, and a lot of room for profitable growth,” said Erin Brewer. “There’s real innovation waiting to be unlocked in rideshare and a big market opportunity ahead. I’m excited to help David and the team build a strong business and deliver meaningful shareholder value by focusing on what riders and drivers need.”
Elaine Paul has served as Lyft CFO since January 2022. “I’ve appreciated Elaine’s counsel and commitment to Lyft, and want to thank her for her legendary work ethic, tireless dedication, and many contributions to the company,” said David Risher.
