Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on the day's biggest business stories
Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Sign up for Axios NW Arkansas
Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters
Rex Tibbens. Photo via Lyft
Rex Tibbens is stepping down as chief operating officer of Lyft by year-end, Axios has learned from multiple sources. Tibbens, who joined the ride-hail company in 2015 after four years at Amazon and over a decade at Dell, has not yet decided on his future plans.
Why it matters: Lyft reportedly wants to go public next year, but first will need to fill this new hole in its senior executive team.
Below is an email sent on Monday evening by Lyft to company employees, following Axios' inquiries:
Team,
We wanted to share a note of thanks to Rex and provide a leadership team update. After 2+ years with Lyft, helping grow the business over 10x, Rex has decided that at the end of the year he will move on from his role as COO. In the new year, he'll spend time advising companies, reacquainting himself with his family, and figuring out what's next for TRex. He's been an incredible partner helping bring Lyft to every state, and launching strategic initiatives like Express Drive and our Nashville support center.
To lead the charge for Lyft's next phase of growth, we're underway with the search for our next COO. We're extremely thankful for the impact Rex has had on all of us, and excited by the opportunity to bring in new leadership to drive forward our next chapter.
Thanks,Logan & John