Market Newsdesk

Clay Corbus named President and CEO of Clean Energy Fuels Corp.

Clean Energy’s President and CEO, Clay Corbus.

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–
Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced that its Board of Directors has appointed Clay Corbus as President and Chief Executive Officer, effective immediately. Corbus also joins Clean Energy’s board as he succeeds Andrew Littlefair, Clean Energy’s co-founder and CEO who has been at the helm of the company for 30 years. Littlefair will transition from his executive role to serve the company as a non-employee government relations consultant. He will continue to serve on Clean Energy’s Board of Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423459741/en/

“The Board is pleased to appoint an executive of Clay’s caliber to lead Clean Energy as President and CEO. His diverse experience both within and outside of Clean Energy, especially his ability to craft strategies for the future, will allow him to bring a fresh approach to the company, with a focus on growth and delivering long-term value,” said Clean Energy Board of Directors Chairman, Stephen Scully. “On behalf of the board, I want to recognize Andrew’s vision to start a company that has had such a positive impact on the country. He has played a big role in advancing the overall alternative fuels industry and leading Clean Energy’s growth over three decades.”

Corbus brings 19 years of experience at Clean Energy to the new role, having held several senior executive positions including leading the development of the company’s corporate strategy, overseeing all M&A activities and capital-raising initiatives, and most recently managed Clean Energy’s growing RNG production and distribution businesses. Previously, Corbus was Co-CEO of the investment bank WR Hambrecht + Co. (Clay Corbus biography)

“I’m honored to step into the role of CEO and am grateful to the board for its confidence in me,” said Clay Corbus. “I especially want to thank Andrew for his leadership and for building such a strong foundation. I’m excited to tap into the strong existing leadership bench at Clean Energy to formulate a plan for the company’s future and work with the entire talented, hardworking team as we continue to grow our renewable natural gas platform, serve our fleet customers, and take the company to the next level.”

“Co-founding Clean Energy with Boone Pickens and leading it through decades of growth has been a great privilege. I’m incredibly proud of what we’ve built and I’m confident we have the right leader in Clay to advance the company during this exciting period of the heavy-duty transportation market’s transition to alternative fuels. He has my full support,” said Andrew Littlefair.

Notes to Editor

Clay Corbus Biography – President and CEO, Clean Energy

Mr. Corbus serves as Clean Energy’s President and CEO. With nearly 20 years of experience on the company’s senior leadership team, he has developed corporate strategy, executed growth opportunities, overseen all M&A activities and capital-raising initiatives, and led Clean Energy’s RNG production and distribution businesses.

Previously, he served as Co-CEO of WR Hambrecht + Co, the firm that managed Clean Energy’s 2007 IPO. Earlier in his career, he worked at Donaldson, Lufkin & Jenrette, beginning in 1989. He graduated from Dartmouth College with an AB in Government and holds an MBA in Finance from Columbia University. Mr. Corbus currently serves as a director of Bed, Bath and Beyond and is a trustee of the College of the Atlantic. He has previously served on the boards of Alaska Energy and Resources Co., Niman Ranch, WR Hambrecht + Co, and Goodwill of San Francisco.

About Clean Energy

Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived by capturing methane from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada as well as RNG production facilities at dairy farms. Visit www.cleanenergyfuels.com and follow @ce_renewables on X and LinkedIn.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, that involve risks, uncertainties and assumptions, including without limitation statements about Clean Energy’s leadership transition, and plans, beliefs, and expectations related thereto. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423459741/en/

Clean Energy media contact:

Kimberly Fleer

1-949-437-1447

[email protected]

Gary Foster 

1-949-437-1113

[email protected]

Clean Energy investor contact:

Thomas Driscoll

1-949-437-1191

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Utilities Oil/Gas Sustainability Environment Alternative Energy Environmental, Social and Governance (ESG) Energy Professional Services

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Clay Corbus named President and CEO of Clean Energy Fuels Corp.

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Febreze Transforms Kitchen Funk into Freshness with NEW Febreze TRASH

New Innovation Reduces Up To 99% of Trash Odors and Delivers 45 Days of Freshness

CINCINNATI–(BUSINESS WIRE)–
The freshness experts at Febreze are setting their sights on the home’s most notorious odor offender – the kitchen trash can – with their latest innovation. Today, the Brand unveiled the NEW Febreze TRASH Odor Fighter, a compact yet powerful device engineered for high-performance freshness. Formulated to reduce up to 99% of common trash odors, this new kitchen must-have will be every garbage can’s and nose’s new best friend.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423293605/en/

Delivering 45 days of continuous freshness, Febreze TRASH can tackle everything from cooking fails to stinky leftovers and beyond. Gone too is the worry of opening the kitchen bin as Febreze TRASH delivers four fresh Febreze scents – Linen & Sky, Fresh Lemon, Gain Original, and Twilight Lavender – to look forward to every time you have something else to toss. So, say goodbye to changing the garbage bag before it’s full, counting down to trash pickup day, or searching for another DIY solution!

“Every day, we open our trash cans up to 45 times—that’s 45 opportunities for an unpleasant odor to disrupt the life happening in your kitchen,” said Tyler Beck, Vice President, North America Air Care, Procter & Gamble. “As leaders in air care and home fragrance, we saw an opportunity to transform a daily chore into a moment of unexpected delight. Like so many other Febreze products, Febreze TRASH doesn’t just fight stubborn smells, it makes it so the only thing you, your family, and your guests notice in the kitchen is the fresh atmosphere you’ve worked so hard to create.”

Febreze TRASH also features a versatile design compatible with a variety of bins, even those without lids or in a cabinet pull-out. Users simply insert the cartridge and use the included 3M™ tape to secure the device, which can adhere to metal, plastic, and painted surfaces. After 45 days, replace with a refill cartridge for continued freshness.

The Febreze TRASH Odor Fighter Starter Kit is available beginning April 23rd at major retailers nationwide, including Walmart and Target, both online and in-store in the Air Care and Trash aisles, with an MSRP starting at $5.94*. To learn more about Febreze TRASH Odor Fighter, visit Febreze.com.

*Pricing at the sole discretion of the retailer

ABOUT FEBREZE

In 1998, Procter & Gamble (P&G) gave households a breath of fresh air with the launch of Febreze®, known today as the preeminent brand for providing a fresh, clean scent and tackling tough odors from fabrics and the air. Febreze® features a line of products with freshness capabilities that range from ridding pet odors and tackling sweat stink to decorating the home with scent and freshening on the go. Febreze® has been one of the fastest growing brands in P&G’s portfolio of household brands and brings innovative products to market.

ABOUT PROCTER & GAMBLE

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423293605/en/

Procter & Gamble

Esra Yeksek

[email protected]

or

M Booth

Rachel Koggan, 973-464-6469

[email protected]

KEYWORDS: Ohio United States North America

INDUSTRY KEYWORDS: Retail Home Goods Chemicals/Plastics Manufacturing

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Febreze Unveils the Latest Innovation in Home Freshness: Febreze TRASH

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PitchBook LCD Introduces Default Predictor, a Forward-Looking Leveraged Loan Default Rate Indicator

New quantitative research tool delivers a six-month default rate estimate for the US leveraged loan market

SEATTLE–(BUSINESS WIRE)–PitchBook, the leading private capital market intelligence platform, today introduced the PitchBook LCD Default Predictor, a new quantitative research tool that produces a monthly, forward-looking estimate of the aggregate default rate in the Morningstar LSTA US Leveraged Loan Index. The tool gives credit market participants a clearer view of where leveraged loan default rates may trend over the next six months, helping investors move from reactive analysis to proactive portfolio positioning.

As credit markets navigate heightened macroeconomic uncertainty, leveraged loan investors, credit funds, and risk management teams face growing pressure to anticipate default risk before it appears in trailing default rates. The LCD Default Predictor addresses this gap by deploying a regression analysis using pricing signals already embedded in the loan market in conjunction with credit ratings to estimate where default rates are likely headed.

“The tools most widely used to assess default risk in the leveraged loan market are, by nature, backward-looking,” said Nizar Tarhuni, EVP of Research and Market Intelligence at PitchBook. “When macro conditions are moving as fast as they are now, that lag is felt. Risk builds in the market well before it shows up in reported data, and that gap has direct consequences for how portfolios are positioned. The Default Predictor gives credit professionals the lead time to act, not just react, and the ability to anticipate risk is becoming a baseline expectation.”

The model is grounded in one of the most immediate signals available to credit investors: how individual loans in the index are trading. It analyzes each loan’s current price, whether that price is rising or falling, and how it compares to the broader market, alongside the loan’s credit rating and any recent rating changes. From there, it estimates the likelihood that each loan will default in the next six months and aggregates those loan-level estimates into an overall market default rate, giving portfolio managers and risk teams a single forward-looking number rather than a collection of lagging indicators. The result is calibrated against historical patterns, reducing noise from extreme pricing spikes during periods of market distress.

Unlike traditional ratings-driven approaches to forecasting default risk, the LCD Default Predictor incorporates real-time loan pricing and price momentum as primary inputs, capturing market-implied stress signals that credit ratings often lag by weeks or months. This makes it a faster-moving, market-sensitive indicator grounded in PitchBook LCD’s deep historical leveraged loan dataset.

“Rising credit risk and distressed loans are key concerns for lenders and close monitoring of default expectations is an important step in loss mitigation,” said Kenny Tang, Sr. Director, Head of US Credit Research at PitchBook. “The Default Predictor gives investors a six-month window to evaluate whether default risk is building up across the market and help them determine whether to adjust their portfolios accordingly.”

The LCD Default Predictor is the latest addition to PitchBook LCD’s expanding credit research platform, which over the past year has grown to include US and European Private Credit Monitors, a European dual-track default rate, and an upcoming comprehensive BDC analysis. Together, these tools reflect LCD’s continued investment in bringing quantitative rigor and forward-looking intelligence to credit markets – giving participants the data and analysis they need to stay ahead of risk, not just respond to it.

Learn more about Credit Default Predictor and the methodology. For more information on PitchBook’s credit suite, visit PitchBook Credit News.

About PitchBook, a Morningstar company As the pulse of private capital markets, PitchBook delivers trusted, real-time data, research, and technology to help investors, dealmakers, and innovators make decisions with confidence. Its products provide comprehensive information on companies, investors, funds, deals, and people, along with tools that help professionals analyze market activity and make informed decisions. Founded in 2007, PitchBook today serves more than 100,000 clients worldwide and is recognized as the leading source of private capital market intelligence. PitchBook has grown to over 3,000 employees across offices in Seattle, San Francisco, New York, London, Singapore, Mumbai, and other global locations. Since 2016, PitchBook has operated as a subsidiary of Morningstar, Inc.

For more information, visit www.pitchbook.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423280218/en/

[email protected]

KEYWORDS: Washington United States North America

INDUSTRY KEYWORDS: Consulting Asset Management Professional Services Finance

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Amtech Systems to Announce Fiscal 2026 Second Quarter Financial Results on May 7, 2026

TEMPE, Ariz.–(BUSINESS WIRE)–
Amtech Systems, Inc. (“Amtech”) (NASDAQ: ASYS), a manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication, will announce financial results for its fiscal 2026 second quarter ended March 31, 2026 on May 7, 2026 after market close.

Amtech Systems will host a conference call at 5:00 pm ET on May 7, 2026 to discuss fiscal 2026 second quarter financial results. The call will be available to interested parties by dialing 1-412-317-6060. A live webcast of the conference call will be available in the Investor Relations section of Amtech’s website at: https://www.amtechsystems.com/investors/events. A replay of the webcast will be available in the Investor Relations section of the company’s website at https://www.amtechsystems.com/investors/events shortly after the conclusion of the call.

About Amtech Systems, Inc.

Amtech Systems, Inc. (NASDAQ: ASYS) provides equipment, consumables and services for AI semiconductor device packaging and advanced wafer substrate fabrication. Our products include advanced packaging and electronics assembly equipment for applications such as AI GPUs and advanced automotive electronics. Consumable and other solutions are used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon (Si) power devices, digital and analog devices, power electronic packages, advanced semiconductor packages and electronic assemblies. We sell these products to semiconductor device and module manufacturers worldwide, particularly in Asia, North America and Europe. To learn more about Amtech, please visit our website at https://www.amtechsystems.com.

Amtech Systems may use its website (www.amtechsystems.com), investor relations page (https://www.amtechsystems.com/investors), and LinkedIn page (https://www.linkedin.com/company/amtechsystems) to disclose material non-public information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors and other interested parties should monitor these sites, in addition to following Amtech Systems press releases, Securities and Exchange Commission (SEC) filings, public conference calls and public presentations/webcasts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423955398/en/

Investor Relations Contact:

Darrow Associates

Jordan Darrow

631-766-4528

[email protected]

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: Packaging Semiconductor Automotive Manufacturing Technology Manufacturing Artificial Intelligence Hardware

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Regions Bank + Dash Solutions Collaborate on New Treasury Management Solution to Modernize Client Payment Operations

Regions ReimbursePro delivers fast, flexible and convenient options to help clients initiate real-time money movement.

BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Bank on Thursday announced the launch of Regions ReimbursePro, the bank’s latest Treasury Management innovation designed to help business clients modernize their payment processes and expedite real-time money movement.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423750515/en/

Regions ReimbursePro is powered by Dash Solutions, a leading payments enablement company also headquartered in Birmingham. The solution provides Regions’ Treasury Management clients access to a modern, secure digital platform that helps transform refund operations away from older, manual, time-consuming processes that include paper documents and physical checks.

Key upgrades include:

• Once a reimbursement is initiated through this new solution, recipients can choose to spend funds immediately via their digital wallet.

• Or, they can instantly send funds to a preferred account, such as a checking or savings account or a digital payments platform.

• When the digital option is selected, funds are delivered immediately, enabling faster account reconciliation. This, in turn, helps reduce unclaimed refunds and escheatment, which significantly lowers the risk of check-related errors or re-issues.

“Regions Bank’s commitment to forward-thinking payments technology is one of the top reasons business clients turn to us for their banking relationship,” said Bryan Ford, head of Regions Treasury Management. “In recent years, our team has introduced a range of powerful solutions that help clients automate workflows and payments, eliminate friction, mitigate fraud and manage their operations with greater efficiency. This refund solution is the logical next step, and it reflects our relentless focus on innovation and ease of use. Our collaboration with Dash Solutions helps enable us to deliver smarter, faster tools that help clients move money confidently.”

ReimbursePro works with many industries including:

• Healthcare

• Insurance and finance

• Energy and other utilities

• Higher education

• Legal

• Telecom and other technology services

• Nonprofit and government sectors

• Real estate and property management

Regions ReimbursePro directly complements the bank’s broader support for specialized industries with skilled bankers who bring deep industry knowledge, experience, insights and understanding to provide a full range of capital solutions to meet clients’ needs.

“Efficient payments are critical to enterprise success, yet billions of transactions still run through legacy systems that weren’t built for how organizations operate today,” said Stephen Faust, CEO of Dash Solutions. “Regions shares our commitment to changing that, and together, we are helping clients modernize how they move money with less risk, better visibility, stronger controls and a payee experience that meets people where they want to be met. We’re making something critical work the way it should.”

“Our work in Regions Treasury Management really focuses on two key areas – meeting the needs of clients today and always looking ahead to how we can meet the needs of tomorrow,” Bryan Ford from Regions concluded. “This commitment, combined with the experience of our teams in serving multiple unique industries, will continue to differentiate us throughout the marketplace.”

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

About Dash Solutions

Dash Solutions provides forward-thinking organizations with everything they need to make payments and rewards more meaningful to their business and the people they pay. The company has a proven track record of handling over $100 billion in payments volume across multiple industries—from healthcare and government to construction and utilities—building elegant technology solutions that solve each sector’s unique requirements. Discover how we help make payments and rewards mean more at dashsolutions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423750515/en/

Media Contact:

Jennifer Elmore

Regions Bank

Regions Media Line: 205-264-4551

Regions News Online: regions.doingmoretoday.com

KEYWORDS: Alabama United States North America

INDUSTRY KEYWORDS: Professional Services Payments Technology Finance Fintech Banking

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Regions ReimbursePro is a new, forward-thinking Treasury Management solution designed to help business clients accelerate refunds, modernize their payment processes and fuel growth.

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Expedia Group Appoints Derek Andersen as Chief Financial Officer

SEATTLE–(BUSINESS WIRE)–
Expedia Group, Inc. (Nasdaq: EXPE) today announced that Derek Andersen has been appointed Chief Financial Officer, effective May 11, 2026. As CFO, Mr. Andersen will lead Expedia Group’s global finance organization and report to Chief Executive Officer Ariane Gorin. He succeeds Scott Schenkel, who is stepping down from the role of CFO after strengthening the company’s financial foundation and supporting margin expansion over the last 16 months. Mr. Schenkel will stay on through Expedia Group’s first quarter earnings call on May 7, 2026, before departing the company on May 16, 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423837765/en/

Mr. Andersen, who will be based in Seattle, brings extensive financial experience across technology and consumer businesses and will partner closely with the leadership team to advance the company’s growth and long-term value creation for shareholders, partners, and travelers worldwide.

“Derek is the right financial executive to step into this role as we continue to advance our strategy as a global travel marketplace,” said Ariane Gorin, Chief Executive Officer, Expedia Group. “His financial acumen, strategic mindset, and deep understanding of technology-driven businesses will be important as we continue to innovate and deliver sustainable long-term growth while further expanding margins.”

Gorin added, “I am grateful to Scott for his contributions during his time with Expedia Group. His operational discipline, focus on efficiency, and partnership with the business have had meaningful impact.”

“It’s been a privilege to work at Expedia Group. I’m proud of what we’ve achieved and confident the team is well positioned to continue executing its value creation strategy,” said Scott Schenkel.

“I couldn’t be more pleased to join Expedia Group at this important moment and to be returning to Seattle,” said Derek Andersen. “The company has built strong assets, from its technology and consumer brands to one of the largest B2B businesses in the industry and is well positioned to shape the future of travel. I look forward to working with Ariane and the entire leadership team to build on that foundation and drive the company’s next phase of performance and profitability.”

Mr. Andersen has led finance for high‑growth, technology‑driven consumer platforms across social media, streaming, ecommerce, and digital media. Prior to joining Expedia Group, he served as Chief Financial Officer of Snap Inc. from May 2019 through April 2026, having previously served as Snap’s Vice President of Finance since July 2018. Before Snap, Mr. Andersen held a variety of finance leadership roles at Amazon.com, Inc. from March 2011 to June 2018, including as Vice President of Finance supporting Amazon’s digital video business. He also held senior roles at Fox Interactive Media, including Senior Vice President, Finance and Business Operations for IGN, and Vice President, Finance. Mr. Andersen holds a B.B.A. from Acadia University, an M.B.A. from the Haas School of Business at the University of California, Berkeley, and is a CFA charterholder.

About Expedia Group

Expedia Group, Inc. (NASDAQ: EXPE) is the global travel marketplace with one purpose: to help travelers explore the world, one journey at a time. Expedia Group™ connects travelers, partners, and advertisers through its trusted brands, leading technology, and rich first-party data, delivering predictive, personalized experiences that shape the future of travel.

Expedia Group’s ecosystem includes three flagship consumer brands – Expedia®, Hotels.com®, and Vrbo®, as well as the largest B2B travel business, and a premier advertising network. Guided by an experienced and passionate global team, Expedia Group helps millions of travelers in more than 70 countries explore the world with confidence and ease.

© 2026 Expedia, Inc., an Expedia Group company.

For more information, visit www.expediagroup.com.

Forward Looking Statements

This press release contains certain statements that constitute “forward-looking statements” within the meaning of federal securities laws, including statements regarding Expedia Group’s CFO transition and future prospects. These statements are based on management’s assumptions and beliefs in light of the information currently available to it. Such statements are indicated by words or phrases such as “will,” “continue to,” “positioned to,” and variations of such words and similar phrases. Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in “Risk Factors” in our annual report on Form 10-K for our last fiscal year and any subsequent filings. Expedia Group assumes no obligation to update the information contained herein unless required by applicable law. Please refer to Expedia Group’s reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423837765/en/

Media contact: [email protected]

KEYWORDS: Washington United States North America

INDUSTRY KEYWORDS: Internet Other Travel Lodging Technology Travel

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Derek Andersen, Chief Financial Officer of Expedia Group, Inc.

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Tilray Medical Poised to Accelerate U.S. Medical Cannabis Access for Patients

Lyft Expands in London with Gett UK Acquisition

Key takeaways:

• Lyft has agreed to acquire Gett’s United Kingdom business with close expected in the coming weeks, subject to customary closing conditions.

• Gett is one of London’s leading black cab apps with strong enterprise business-to-business (B2B) relationships, and brings together the majority of Greater London’s registered black cab drivers and will nearly double the number of rides on the Lyft platform in London.

• With Gett, Lyft is expanding its coverage of London’s full ground transport ecosystem.

• This advances Lyft’s sustainable global growth strategy, while expanding “out” in more locations and “up” into more high-value segments.

SAN FRANCISCO–(BUSINESS WIRE)–
Lyft (Nasdaq: LYFT) has agreed to acquire Gett’s UK business, subject to customary closing conditions, with close expected in the coming weeks. Gett is a leading London black cab app, and combined will have the majority of registered black cab drivers across Greater London on the Lyft platform. With the addition of Gett, Lyft is positioned as the leading app for London black cabs and will offer a comprehensive suite of ground transport options — from black cabs and private hire to bikes and executive chauffeur — that will nearly double the number of rides on the platform across the capital.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423667907/en/

Lyft already owns Freenow; currently provides and was recently renewed to provide the bikes and stations for Santander Cycles, including the software that powers them; and later this year will be testing autonomous rides in London with Baidu — making it one of the only platforms in the world offering both human-driven and autonomous rides in the city. This acquisition advances Lyft’s sustainable global growth strategy by expanding “out” in more locations and “up” into more high-value segments.

Gett’s strength is its enterprise DNA — years of high-value B2B relationships with clients ranging from London’s largest corporations to historic venues and major public sector organizations. Together, that makes Lyft one of London’s most comprehensive mobility platforms, in Europe’s largest taxi and ride-hail market.

“With Gett, Lyft is expanding its coverage of London’s full ground transport ecosystem,” said Jeremy Bird, EVP of Global Growth at Lyft. “This milestone reflects Lyft’s commitment to the London market and our belief in its long-term potential. Adding Gett to Lyft’s ecosystem positions Lyft as the leading app for London black cabs.”

“Those who drive black cabs are some of the world’s most qualified drivers. Drivers pass the world’s toughest taxi exam, learning 25,000 streets and 20,000 landmarks before being licensed,” said Thomas Zimmermann, CEO of Freenow by Lyft. “We are excited to welcome Gett into the Lyft ecosystem, strengthening our customer-centric black cab and private hire service for Londoners, passengers across the UK, and travelers worldwide.”

Gett brings not just drivers and riders, but a proven enterprise business — and its team will transfer to Freenow by Lyft once the acquisition is complete.

“We are delighted to start a new chapter for Gett operations in the UK with Lyft,” said Matteo de Renzi, CEO of Gett. “I’m confident that under this new ownership, the team at Gett by Lyft will continue to reach new heights, for the benefit of all our customers, drivers, and partners.”

Lyft will release Q1 2026 financial results after the close of the market on Thursday, May 7, 2026. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. The acquisition will not impact Q1 2026 results and will have an immaterial impact to Q2 2026.

About Lyft

Whether it’s an everyday commute or a journey that changes everything, Lyft is driven by our purpose: to serve and connect. Founded in 2012, Lyft has grown into a global mobility platform offering a mix of rideshare, taxis, private hire vehicles, executive chauffeur services, car sharing, bikes, and scooters across six continents and thousands of cities. Millions of drivers have chosen to earn on billions of rides – helping to create a more connected world, with transportation options for everyone.

About Freenow by Lyft

Freenow by Lyft is the European taxi app featuring broad multi-mobility options for everyone across 9 European markets and over 180 cities. Millions of passengers can access various mobility services within a single app, including taxis, private hire vehicles, carsharing, car rental, e-scooters, e-bikes, e-mopeds, and public transport. With headquarters in Hamburg, Germany, Freenow is led by CEO Thomas Zimmermann.

About Gett

Gett is London’s black taxi app, already trusted by hundreds of thousands of UK users. With three-quarters of TfL registered black cab drivers on the Gett network, you can rely on a pick-up in less than 4 minutes from Central London, plus smoother and quicker journeys thanks to their expert ‘Knowledge.’ Over 50% of the black cabs registered with Gett are zero-emission capable.

Forward-Looking Statements

Certain statements contained in this announcement are “forward-looking statements” about Lyft within the meaning of the securities laws, including statements about Lyft’s planned acquisition of Gett, the expected benefits of the transaction, and plans and expectations for the combined company. Such statements, which are not of historical fact, involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in Lyft’s filings with the Securities and Exchange Commission. Lyft does not undertake an obligation to update its forward-looking statements to reflect future events, except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423667907/en/

Erin Rheaume, Investors: [email protected]

Donny Nordlicht, Media: [email protected]

KEYWORDS: California North America United States United Kingdom Europe Canada

INDUSTRY KEYWORDS: Software Vehicle Technology Apps/Applications Public Transport General Automotive Transportation Technology Automotive Travel Other Transport Transport Other Automotive

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Lyft acquires Gett UK; expands rider offerings in London

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