- Associated Press - Thursday, March 27, 2014

NEW YORK (AP) - The general manager of the city’s nearly year-old bike-sharing program has resigned.

The Daily News (https://nydn.us/1pySJRE ) says Justin Ginsburgh stepped down less than a week after the program reported facing financial problems.

Ginsburgh joined the Portland, Ore.-based Alta Bike Share company that runs the Citi Bike program through a subsidiary last year.

A company spokeswoman told the News that Ginsburgh was departing to join Lehrer, LLC, which manages large scale construction projects.

She said Ginsburgh will be temporarily replaced by Eddie Inlow, the COO of Alta Bicycle Share and general manager of Divvy Bikes in Chicago.

Ginsburgh and the city’s transportation department didn’t respond to requests for comment.

Last week, the privately funded program said it needed to raise tens of millions of dollars if it was to survive.

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Information from: Daily News, https://www.nydailynews.com

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