– USA, CA – YayYo, Inc. (OTC: YAYO), a leading vehicle provider to gig economy rideshare and delivery drivers through its wholly-owned subsidiary, Rideshare Rentals, today announced the appointment of Ramy El-Batrawi as CEO and a member of its board of directors, effective immediately.
Boyd Bishop will step down from his role as president and has agreed to serve as a consultant to the Company going forward.
“Ramy’s return as CEO is an important step forward for the Company given his intimate knowledge of the Company’s operations and the rideshare industry and his proven track record of executing growth strategies and developing strategic partnerships,” said Stephen Sanchez, Chairman.
“The board unanimously approved his appointment as we have the utmost confidence that he is the right person to take the company to its fullest potential. We look forward to Ramy’s leadership and operational rigor as we look to continue expanding our geographical footprint and add more vehicles to our fleets across the country,” he added
“I would also like to thank Boyd Bishop for his service and dedication to YayYo as he remains with the Company as a consultant to advise on key partnerships and go-to-market strategies.” continued Stephen Sanchez.
About Ramy El-Batrawi
El-Batrawi is the original founder of YayYo and served as its CEO until February 2019. He is a highly accomplished entrepreneur with over three decades of experience leading high-growth companies. El-Batrawi is also the founder of X, LLC, a private investment firm focused on acquiring companies and implementing effective growth strategies. Over his extensive career, he has founded several other notable companies.
El-Batrawi said: “YayYo has an innovative platform for gig economy drivers, providing access to vehicles with the necessary requirements to drive for various rideshare and delivery companies. As the founder and one of the largest shareholders of YayYo, I believe I am very well aligned with all shareholders to deliver long-term value and position YayYo as the premier car rental servicing platform for the gig economy. I look forward to once again leading the YayYo team as we aggressively strive to grow our footprint, pursue strategic partnerships and further optimize our operations.”
About YayYo, Inc.
YayYo, Inc. is a holding company with a mission to bridge the gap between gig economy drivers who need vehicles and transportation network and delivery companies that depend on attracting and keeping drivers. One of the company’s wholly-owned subsidiaries, RideShare Rental, is a proprietary platform that rents vehicles with approved gig economy insurance to rideshare drivers and provides fleet operators with a platform to manage their vehicle rental fleets. Distinct Cars, another wholly-owned subsidiary, maintains a growing fleet of new standard passenger vehicles and rents these vehicles directly to rideshare drivers. Through RideShare Rental and Distinct Cars, YayYo seeks to become the preeminent provider of rental vehicles to drivers in the gig economy.
For more information: https://yayyo.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
