Uber CEO Travis Kalanick resigned Tuesday, leaving the helm of the ride-hailing company he founded after reports of sexual harassment, discrimination and unsavory business practices at the company.
The New York Times first reported Kalanick’s decision. According to the report, Kalanick’s move came after significant pressure from the company’s investors. He will remain on the board of directors.
“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,” Kalanick said in a statement.
Uber has aimed to revolutionize transportation. Apart from its ride-hailing service, the company has also invested heavily in autonomous vehicle technology. Months of scandal have rocked the company, gutting its executive suite. Uber is now missing a CEO, COO, CFO, CMO and other high-level positions.
The New York Times first reported Kalanick’s decision. According to the report, Kalanick’s move came after significant pressure from the company’s investors. He will remain on the board of directors.
“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,” Kalanick said in a statement.
Uber has aimed to revolutionize transportation. Apart from its ride-hailing service, the company has also invested heavily in autonomous vehicle technology. Months of scandal have rocked the company, gutting its executive suite. Uber is now missing a CEO, COO, CFO, CMO and other high-level positions.
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