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David Risher

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David Risher
Born (1965-07-15) July 15, 1965 (age 59)
Washington, DC
Education
OccupationCEO of Lyft
Known forCo-founder and CEO of Worldreader
Parents

John David Risher (born July 15, 1965) is an American businessman and philanthropist. He is the CEO of Lyft, co-founder of Worldreader, a non-profit organization that aims to get children reading so they can reach their potential,[1] and the co-founder of #HalfMyDAF whose goal is to inspire more philanthropic giving.

Risher served as an executive at Microsoft Corporation,[2] and was Senior Vice President of US Retail at Amazon.com from 1997 to 2002.[3] In November 2009, together with Colin McElwee, he founded Worldreader.[2] Risher succeeded Lyft co-founder Logan Green as its CEO in April 2023.[4][5]

Early life and background

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Risher was raised by his divorced parents, living primarily with his mother in Chevy Chase, Maryland.

In 1987 he graduated from Princeton University,[6] where he majored in Comparative Literature and wrote his thesis on “The Changing Attitudes towards Language in Samuel Beckett's early Metafiction.”

After graduating from college, he worked at L.E.K. Consulting,[7] He bicycled across the United States before entering Harvard Business School, from which he graduated in 1991 with an MBA.[8]

Career

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At Microsoft, Risher was General Manager in charge of launching the company's first database product, Access. He went on to found and manage Microsoft Investor.[9] In 1997, he left Microsoft over Bill Gates' objections to join Amazon.com as its first Vice President of Product and Store development.[10] He later served as the company's Senior Vice President, US Retail, leading the marketing and expanding into new categories to grow Amazon's retail sales from $15 million to $4 billion.[11] As a tribute to Risher's leadership, Jeff Bezos created a hidden perpetual "easter egg" on the Amazon website when he left the company.[12]

After leaving Amazon in 2002, Risher taught at the University of Washington's Foster Business School, where he created the University's course on “Competing on the Internet.” He was elected Professor of the Year in 2004.[13]

Risher co-founded Worldreader after a year-long, 19-country trip around the world with his family, road-schooling his daughters and volunteering. After visiting an orphanage in Ecuador, Risher saw how technology could help traditionally underserved children read.[14]

Worldreader is a US-based 501(c)(3) and European public charity with additional registrations in Kenya, Ghana, India, and the United Kingdom. Worldreader believes that “readers build a better world" and works with partners to get children reading so they can reach their potential.[15] In March 2010, Worldreader launched a trial in Ayenyah, Ghana. Worldreader reports that, after receiving positive results, they were granted permission from Ghana's Ministry of Education to distribute e-readers to additional schools in Ghana.[16] Since then, the organization has helped over 20 million readers in the United States and globally across more than 100 countries. Worldreader's BookSmart reading app offers children books and learning activities in six languages.[17]

Risher is Schwab Foundation Social Entrepreneur of the year,[18] a Microsoft Alumni Foundation Integral Fellow,[19] and Draper Richards Kaplan Foundation Social Entrepreneur.[20] He serves on the board of directors of Lyft, Inc,[21] on the International Advisory Board of ESADE,[22] and sits on the International Advisory Board of Catalunya.[23]

Risher succeeded Lyft co-founder Logan Green as its CEO on April 17, 2023.[5][4]

Philanthropy

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In May 2020, Risher and his wife, author Jennifer Risher,[24] created the #HalfMyDAF challenge, with a goal of motivating donors to increase their charitable giving from Donor Advised Funds.[25][26] Within 24 hours of the challenge's launch, donors had committed over $400,000 to support non-profits;[27] within three months, over $4.7 million had been granted, with the total reaching $8.6 million by the end of 2020.[28][25] As of the end of 2024, the organization had awarded and inspired over $70 million of charitable giving.[29]

Risher is Worldreader's Founding Board Chair[30] and serves on the board of directors of the Barbara Bush Foundation for Family Literacy.[31]

Recognition

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  • One of Silicon Valley's 25 Most Influential People[32]
  • Honorary Doctor of Letters, Wilson College[33]
  • Draper Richards Kaplan Social Entrepreneur[34]
  • Clinton Global Initiative 2014 Invited Member[34]
  • Microsoft Alumni Foundation Integral Fellow 2011[35]
  • Publishers Weekly's “Eleven for the Millennium[36]
  • Schwab Foundation's Social Entrepreneur of the Year [37]
  • Robb Report Maverick Philanthropist[38]

References

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  1. ^ "Worldreader: E-books on Cell Phones and Kindles in Schools". Worldreader. Retrieved 2023-02-18.
  2. ^ a b "12 entrepreneurs who are changing the world". Business Insider. Retrieved 2017-01-17.
  3. ^ Waldron, Ann (1999). "Fall Football Preview". Princeton Alumni Weekly. 100: 54.
  4. ^ a b Murphy, Aislinn (2023-04-20). "New Lyft CEO says rider, driver experience top priority as it competes with Uber". Fox Business.
  5. ^ a b Rana, Preetika; Thomas, Lauren; Glazer, Emily (2023-03-27). "Lyft Hires New CEO as Founders Step Back Amid Struggles With Competition". The Wall Street Journal.
  6. ^ "Out of Amazon, into Africa". Princeton Alumni Weekly. 2016-01-21. Retrieved 2017-01-23.
  7. ^ "Worldreader - About Our President David Risher". Worldreader. Retrieved 2017-01-18.
  8. ^ "David Risher (MBA 1991) - Alumni - Harvard Business School". Retrieved 2017-01-23.
  9. ^ "David Risher | The Huffington Post". www.huffingtonpost.com. Retrieved 2017-01-18.
  10. ^ "I Remember Microsoft Once computing's red-hot center, Microsoft now has a tough time retaining its best and brightest employees. Here, some who left reflect on what they learned--and why they find life on the outside so much more alluring. - July 10, 2000".
  11. ^ "There's a heartwarming Easter egg hidden within Amazon's website". Business Insider. Retrieved 2017-01-18.
  12. ^ Pogue, David (8 August 2019). "The Secret History of 'Easter Eggs'". The New York Times.
  13. ^ "David Risher '87, Co-founder and President, Worldreader "Worldreader and the Quest to Eradicate Illiteracy"". Woodrow Wilson School of Public and International Affairs. Retrieved 2017-01-18.
  14. ^ "Worldreader aims to eradicate global illiteracy by giving children e-readers". PBS NewsHour. Retrieved 2017-01-18.
  15. ^ "Worldreader: E-books on Cell Phones and Kindles in Schools". Worldreader. Retrieved 2017-01-18.
  16. ^ "Worldreader's History - Milestones in Books for All". Worldreader. Retrieved 2017-01-18.
  17. ^ "Financials".
  18. ^ "Awardees".
  19. ^ "Three innovative non-profits from former Microsofties". 17 November 2011.
  20. ^ "Worldreader | DRK Foundation | Supporting passionate, high impact social enterprises".
  21. ^ "Lyft, Inc. - Governance - Board of Directors". investor.lyft.com. Retrieved 2021-08-07.
  22. ^ ESADE. "ESADE International Advisory Board". ESADE. Retrieved 2017-01-18.
  23. ^ "Es constitueix l'International Advisory Board". premsa.gencat.cat. Retrieved 2017-01-18.
  24. ^ "We Need To Talk: A Memoir About Wealth by Jennifer Risher". Red Hen Press. Retrieved February 25, 2022.
  25. ^ a b "#HalfMyDaf Website". Retrieved February 25, 2022.
  26. ^ Owen Thomas (May 6, 2020). "Donor-advised funds are stacking up cash. A former Amazon executive wants it given away faster". San Francisco Chronicle. Retrieved February 25, 2022.
  27. ^ Alex Daniels (May 7, 2020). "'HalfMyDAF' Movement Aims to Spur a Boost in Donor-Advised-Fund Grants". The Chronicle of Philanthropy. Retrieved February 25, 2022.
  28. ^ Dan Parks (August 20, 2020). "#HalfMyDAF Movement Spurs $4.7 Million in Grants So Far". The Chronicle of Philanthropy. Retrieved February 25, 2022.
  29. ^ "#HalfMyDAF 2023". #HalfMyDAF 2023. Retrieved 2023-02-18.
  30. ^ "Board Members". Worldreader. Retrieved 2024-02-23.
  31. ^ "Barbara Bush Foundation's Board of Directors". Barbara Bush Foundation. Retrieved 2023-02-18.
  32. ^ "MLSV October/November 2020 Page 82". digital.modernluxury.com. Retrieved 2020-10-15.
  33. ^ "Wilson Magazine Summer 2017". Issuu. Retrieved 2019-06-12.
  34. ^ a b "David Risher | Schwab Foundation for Social Entrepreneurship". www.schwabfound.org. Retrieved 2017-01-18.
  35. ^ "Microsoft Alumni Network - David Risher". www.microsoftalumni.com. Retrieved 2017-01-18.
  36. ^ "PW: Eleven for the Millennium". PublishersWeekly.com. Retrieved 2017-01-18.
  37. ^ "Social Entrepreneurs of the Year 2016 - Schwab Foundation". widgets.weforum.org. Retrieved 2017-01-18.
  38. ^ Cooperman, Jackie (2021-12-05). "Meet Maverick Philanthropists With New Models for Tackling Climate Change, Racial Inequality and More". Robb Report. Retrieved 2023-02-18.
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