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Stock impact report

Cyngn Adds Former Lyft Exec, Ran Makavy, to Board [Yahoo! Finance]

Cyngn Inc. (CYN) 
Company Research Source: Yahoo! Finance
MOUNTAIN VIEW, Calif. Feb. 25, 2026 /PRNewswire/ -- Cyngn (Nasdaq: CYN) today announced the appointment of Ran Makavy to its Board of Directors. He brings senior growth and platform leadership experience from Lyft and Facebook, where he helped scale large technology businesses through high-growth phases. Ran Makavy (ex-Lyft, ex-Facebook) joins Cyngn's board. At Lyft, Makavy built the growth team which was responsible for getting more drivers and riders to use Lyft and getting them to use it more at the right time, so the company always had a balanced marketplace. This included running performance marketing teams and budget, as well as the operations of running markets efficiently. After the company went public, Makavy managed Lyft's sales and partnership teams, and the healthcare team that were selling Lyft services to healthcare providers. At Facebook, he led growth initiatives in emerging markets after the company acquired his startup, Snaptu. His work focused on user expansi Show less Read more
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