Elaine Paul, who had been chief monetary officer and VP of Finance for Amazon Studios since 2019, has been employed by rideshare agency Lyft as its CFO.
Prior to Amazon, Paul had been CFO at Hulu. Before that, she spent 19 years at Disney in senior finance, technique and enterprise improvement roles, together with as SVP of Corporate Strategy, Business Development and Technology.
At Lyft, Paul is changing Brian Roberts, who’s stepping down however will stay an advisor till June 2022 to help with the transition.
“Elaine is a seasoned chief with a commanding report of driving development in tech and consumer-facing industries. We’re excited to have her carry this expertise to Lyft,” Co-Founder and CEO Logan Green mentioned in a press launch. “Building the way forward for transportation requires new, disruptive approaches. Elaine has made a profession of considering otherwise in established markets and is aware of find out how to create unimaginable worth for each the enterprise and our prospects.”
At Amazon, Paul led portfolio and monetary planning for Amazon’s international slate of unique movie and tv programming, studio operations, and Prime Video Marketing Finance. Beyond finance, her staff included technique, enterprise intelligence and superior analytics.
“Lyft has an inspiring mission, a transparent imaginative and prescient, and unimaginable development alternatives. Logan and John are deeply dedicated to bettering folks’s lives with the world’s greatest transportation and their ardour is contagious,” Paul mentioned. “I’m thrilled to hitch their high-performing staff and contribute to Lyft’s subsequent part of scale and innovation.”
Roberts turned CFO at Lyft in 2014, and has helped steer the corporate via its IPO and a regularly bettering monetary image. In a LinkedIn submit, he alluded to his subsequent cease after leaving Lyft, however didn’t establish the corporate.
“Over the previous seven years, Brian has made an enormous contribution to Lyft. With his assist and management, Lyft went public and reached Adjusted EBITDA profitability — two essential milestones,” Green mentioned. “Brian constructed high-performing groups, relentlessly championed new development initiatives, and was instrumental in serving to us scale the enterprise. We’re grateful to have had the chance to work with him, and for the lasting impression he has had.”