EVmo, Inc. Announces Resignation of Ryan Saathoff, Chief Financial Officer, Effective July 31, 2023
July 06, 2023 at 02:53 pm
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On June 30, 2023, Ryan Saathoff, chief financial officer (“CFOâ€) of EVmo, Inc., submitted his resignation from the Company, to be effective as of the close of business on July 31, 2023, in order to pursue other professional opportunities. Mr. Saathoff has served as CFO of the Company since April 3, 2020. Mr. Saathoff will remain employed by the Company as an independent consultant after his resignation as CFO takes effect, performing mostly transition services.
YayYo, Inc. is a holding company engaged in the ridesharing and transportation industry. The Company operates through its subsidiaries, Distinct Cars, LLC and Rideshare Car Rentals LLC, and is a provider of standard rental vehicles to drivers in the ridesharing industry. It operates in two business segments, Rideshare Platform, and Fleet Management. Through the Rideshare platform, the Company develops a peer-to-peer online booking platform to rent standard passenger vehicles to self-employed ridesharing drivers. It serves as a central marketplace that connects the Company's fleet management vehicles, other fleet owners and selected individual car owners with Rideshare drivers seeking rental vehicles. Through the Fleet Management segment, the Company focuses on the maintenance of a fleet of standard passenger vehicles that are commercially available through the Rideshare platform. The Company's subsidiaries also include Savvy LLC, and Rideyayyo LLC.
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