You are here

Obama Advisor Valerie Jarrett Appointed to Lyft Board

Share:

During the period when Uber was undergoing legal and organizational mishaps, another ride hailing company called Lyft managed to capture a good percentage of the market share. The San Francisco based company announced on Monday, that it has also appointed former President Barack Obama’s advisor Valerie Jarrett as the newest and last member of its board.

The appointment comes at a time when Lyft is vying for a larger share of the U.S. ride-hailing market, which is now largely dominated by Uber.

Jarrett, who was senior adviser to former President Obama and assistant to the President for public engagement and intergovernmental affairs, was known as one of Obama’s closest aides. She also worked as Chicago’s commissioner of planning and development and chaired the city’s transit board.

She is joining eight other existing board members: Lyft co-founders John Zimmer and Logan Green; General Motors’ Dan Ammann; Icahn Capital’s appointee Jonathan Christodoro; investor and former Trulia CFO Sean Aggarwal; Rakuten’s Hiroshi Mikitani; and Floodgate Fund’s Ann Miura-Ko.

“I am a frequent Lyft passenger and have been inspired by the strong community John and Logan have created that is dedicated to enlightened corporate values. We share a belief that reliable, affordable transportation positively impacts social mobility, and improves the quality of life in densely populated communities. I am thrilled to join the ride,” Jarrett said in a statement.

Logan Green, co-founder and CEO of Lyft, called Obama’s confidante “one of our country’s foremost leaders and a distinguished public servant, and a natural fit for our board.”


Share:
Megha Shah
Megha Shah
A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!

Similar Articles

Additional Resources to Download

Top