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Lyft co-founder Logan Green retains board seat despite shareholder opposition



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Logan Green, the co-founder and former CEO of ride-hailing platform Lyft, will remain on the company’s board despite opposition from some shareholders, according to preliminary results from the company’s annual shareholder meeting Thursday.
The SOC Investment Group, an organization that says it holds corporations and leadership accountable for irresponsible and unethical corporate behavior, sent a letter to Lyft shareholders in May urging them to vote against Green’s position on the board. The group said Green “bears particular responsibility for failing to properly address mounting concern over rideshare driver safety.”
The group cited research that found ride-hail drivers have experienced unsafe working conditions such as verbal abuse, physical assault, robbery, carjacking and even murder. Green, as co-founder and CEO, continuously overlooked his responsibility to address these concerns and keep drivers safe, they argued.
SOC also accused Lyft of failing to provide updated information about driver safety and for reporting assaults inconsistently The gro …

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