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Lyft COO Rex Tibbens steps down

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.