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Uber CEO Travis Kalanick Resigns Following A Series Of Scandals

Reports suggest a group of investors forced the CEO to quit his position.

June 21, 2017

Travis Kalanick has resigned as CEO of Uber following a series of scandals involving the tech company. Kalanick's resignation was confirmed overnight, with the New York Times reporting that five major Uber investors demanded the move.

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Kalanick was already on an "indefinite leave of absence" from the company following the sudden death of his mother in a boating accident. Despite resigning from his position, he will remain on the firm's board.

Kalanick is quoted by the Times as saying: "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."

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A number of high-level executives have left Uber in recent months including Eric Alexander, the former head of Uber's Asia-Pacific business. He was fired earlier this month amid claims he obtained the medical records of a woman who was raped by an Uber driver in 2014.

It is alleged he then shared the records with Kalanick and senior vice-president Emil Michael, who later left Uber.

Board member David Bonderman resigned his position as director after making a sexist remark during a meeting about workplace practice in early June. Uber also confirmed it had fired more than 20 staff following a review of more than 200 HR complaints.

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Posted: June 21, 2017