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Wednesday, June 21, 2017

Travis Kalanick, Uber CEO resigns

The CEO of UBER Travis Kalanick has resigned from the ride-hailing company on Tuesday just a week into a leave of absence meant to quell concerns about his management style.  In his statement, Kalanick said,
"I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,"
In a statement, the board of directors praised Kalanick’s decision.
”Travis has always put Uber first. This is a bold decision and a sign of his devotion and love for Uber,” the board said. “By stepping away, he’s taking the time to heal from his personal tragedy while giving the company room to fully embrace this new chapter in Uber’s history. We look forward to continuing to serve with him on the board.”

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