Casady School graduate and former leisure govt Elaine Paul has been named chief monetary officer for Lyft, the experience sharing know-how firm that’s at the moment valued at $13.45 billion {dollars}. Paul replaces Brian Roberts, who served as Lyft’s CFO since November 2014, guiding the corporate by its IPO in 2019 and serving to it obtain profitability for the primary time in June, 2021. The information has made nationwide headlines from Variety and The Hollywood Reporter to Fortune and Yahoo Finance.
“Elaine is a seasoned chief with a commanding file of driving progress in tech and consumer-facing industries. We’re excited to have her carry this expertise to Lyft,” mentioned Lyft Co-Founder and CEO Logan Green in a press launch. “Building the long run of transportation requires new, disruptive approaches. Elaine has made a profession of considering otherwise in established markets and is aware of how one can create unimaginable worth for each the enterprise and our prospects.
Since 2019, Paul has served as CFO and VP of finance for Amazon Studios with duty for portfolio and monetary planning for Amazon’s international slate of unique movie and tv programming, studio operations and Prime Video Marketing Finance. In addition to finance, her crew included technique, enterprise intelligence, and superior analytics.
Prior to becoming a member of Amazon, Paul was CFO of Hulu for six years. Before Hulu she spent 19 years at Disney in senior finance, technique and enterprise improvement positions, together with as SVP of company technique, enterprise improvement and know-how.
In that function, she led varied acquisitions, new enterprise initiatives, and strategic investments — together with Disney’s unique funding in Hulu in 2009, in addition to the merger of Disney-owned joint ventures A&E and Lifetime. Before Disney, Paul was an affiliate at consulting agency McKinsey & Co. and a monetary analyst at Morgan Stanley.
“Lyft has an inspiring mission, a transparent imaginative and prescient, and unimaginable progress alternatives. Logan and John are deeply dedicated to bettering individuals’s lives with the world’s finest transportation and their ardour is contagious,” mentioned Paul. “I’m thrilled to hitch their high-performing crew and contribute to Lyft’s subsequent section of scale and innovation.”
In 2020, Elaine Paul was honored with the Oklahoma Film & Television ICON Award on the twentieth annual deadCenter Film Festival. In 2018, she was honored with the Alumni Achievement Award by Casady School. Paul holds an MBA from Harvard Business School and B.A. in Economics and History with Distinction from Stanford University. She is the daughter of legal professional William G. Paul, former President of the American Bar Association.
Lyft was based in 2012 and is one of the biggest transportation networks within the United States and Canada. Lyft is on the forefront of the large societal change because the world shifts away from automobile possession to transportation-as-a-service. Their transportation community brings collectively rideshare, bikes, scooters, automobile leases, transit and automobile companies multi function app.
Elaine Paul has spent her profession as a visionary for the most important leisure corporations on this planet. It can be fascinating to see how she shapes the transportation and experience sharing industries in her new function at Lyft.
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