Getaround Appoints Karim Bousta as Chief Executive Officer, Sam Zaid as Executive Chairman

Getaround,the world’s largest connected car sharing marketplace, has appointed Karim Bousta as its Chief Executive Officer (CEO), who previously served as the company’s President and Chief Operating Officer (COO). He succeeds Getaround Founder and longtime CEO, Sam Zaid, who has assumed a new role as ExecutiveChairman, working alongside Bousta.

SAN FRANCISCO, Calif. — March 4, 2021 — Getaround, the world’s largest connected car sharing marketplace, has appointed Karim Bousta as its Chief Executive Officer (CEO), who previously served as the company’s President and Chief Operating Officer (COO). He succeeds Getaround Founder and longtime CEO, Sam Zaid, who has assumed a new role as ExecutiveChairman, working alongside Bousta.

Bousta joined Getaround in December 2019 as COO, later became President, and then joined the company’s Board of Directors in September 2020. Bousta and Zaid collaborated closely to position the company for long-term, sustainable and profitable growth, enabling a smooth transition as the company enters its next chapter of exponential growth. In his new role asExecutive Chairman, Zaid will continue to lend his vision and expertise about Getaround and mobility to support the company’s strategy, continued growth, and rapid expansion.

“Karim’s dedication to developing and deploying innovative products, combined with his experience in the mobility and automotive industries, is exactly what Getaround needs to accelerate our growth even further,” said Zaid. “We’re proud and excited to welcome him as CEO!”

“I am pleased to assume the role of CEO at Getaround during these times of unprecedented opportunity to make a positive impact on individuals and communities, many of which are suffering during the pandemic,” says Bousta. “Getaround does this by providing safer, more convenient travel options for those who can’t access the vehicles they need and have freed themselves up from vehicle ownership, and enabling those who have idle cars to earn money through car sharing.”

Bousta has over 20years of global business experience, including scaling Lyft’s global rideshare operations and building a new set of mobility lines of business as well as establishing and scaling the end-to-end customer and vehicle service business worldwide at Tesla.

About Getaround

Getaround connects safe, convenient and affordable cars with people who need them to live and work. We aim to create the world’s best car sharing marketplace with proprietary technology and data that make sharing vehicles superior to owning them.  Our community includes guests who rely on our cars for on-demand mobility, and hosts who share cars on our platform including those who operate their own car sharing businesses. Getaround was founded in 2009, and today operates in over 800 cities across the U.S. andEurope. For more information, visit Getaround.com, or download our iPhone or Android app.