This database was last updated in October 2019 and should only be used as a historical snapshot. There may be new information that is not included here.
Derek T. Kan
Transportation (joined: June 5, 2017)
Senior Advisor to the Secretary | Under Secretary of Transportation for Policy | Financial Disclosure » | Resume »
Former Positions Outside Government
- Amtrak Board Member
- Family Revocable Trust Trustee
- GLG Research Consultant
- GenapSys Director of Strategy
- Los Angeles County Auto Show Advisory Board Member
- Lyft, Inc. General Manager
- Story and Heart Advisor
Former Compensation Sources
- Amtrak Board Member
- GenapSys Director of Strategy
- Lyft Inc General Manager
- Story and Heart Consultant
Employment Assets
| Description | Value | Income |
|---|---|---|
| Lyft (transportation network company) | $217,300 | |
| Story and Heart (video licensing platform & filmmaking) | $8,000 | |
| GLG Research (expert consulting services) | $793 | |
| Amtrak | $20,405 | |
| Lyft, restricted stock units | $500,001 - $1,000,000 | None (or less than $201) |
| GenapSys (DNA sequencing), stock options | $1,001 - $15,000 | None (or less than $201) |
| Lyft (anticipated severance) | $50,001 - $100,000 | None (or less than $201) |
| Bain & Company 401k: Vanguard Target Retirement 2045 Trust II | $15,001 - $50,000 | None (or less than $201) |
Other Income/Assets
| Description | Value | Income |
|---|---|---|
| Charles Schwab 529 College Savings Plan (Kansas): Schwab Aggressive Age-Based Portfolio | $1,001 - $15,000 | None (or less than $201) |
| U.S. Bank Account (cash) | $100,001 - $250,000 | None (or less than $201) |
| Charles Schwab Brokerage Account | ||
| ETF: Direxion Daily Energy Bull Shares | $15,001 - $50,000 | None (or less than $201) |
| Stock: Hess Corporation | $1,001 - $15,000 | None (or less than $201) |
| Stock: Ambac Financial Group | $15,001 - $50,000 | None (or less than $201) |
| Stock: Fannie Mae | $1,001 - $15,000 | None (or less than $201) |
| Stock: Novagold Resources Inc | $15,001 - $50,000 | None (or less than $201) |
| Stock: Ocwen Financial Group | $1,001 - $15,000 | None (or less than $201) |
| U.S. Brokerage (cash account) | $15,001 - $50,000 | None (or less than $201) |
Employment Agreements and Arrangements
| Employer or Party | City, State | Status and Terms | Date |
|---|---|---|---|
| Lyft Inc. | San Francisco, California | I have shares of Lyft Restricted Stock Units. The shares vest quarterly over four years from the date my Lyft employment began. At this time approximately 43.75% of my shares have vested. Pursuant to the company’s compensation plan, I may retain my vested restricted stock units upon separation from the company. Lyft has agreed to lift the restrictions on my restricted stock units so that I can sell them to a third party or otherwise divest them. All unvested restricted stock units will be forfeited upon separation. | July 16, 2015 |
| Lyft Inc. | San Francisco, California | Pursuant to a severance agreement with Lyft, I will receive a lump sum payment before I assume the duties of the position of Under Secretary. | May 16, 2017 |
| Bain & Company | Boston, Massachusetts | I have a 401(k) with my former employer, Bain & Company. The 401(k) is managed by Vanguard, and neither I nor my former employer make any further contributions to the plan. | July 16, 2012 |
| GenapSys | Redwood City, California | I will retain my vested stock options from my former employer. | July 16, 2015 |
Spouse's Employment Assets
| Description | Value | Income Type | Income Amount |
|---|---|---|---|
| California State Attorney General's Office | salary |
Do you know something about Derek T. Kan? Send us an email at [email protected] or send a Signal message to 347-244-2134.
See more staffers at Transportation »