Resigned the founder and CEO of Uber, Travis Kalanick

The founder of Uber, Travis Kalanick, resigned as CEO of the private transportation company due to shareholder pressures, reported this Wednesday American media.

Kalanick, who had announced last week that he would be absent from his duties for an unspecified time, will remain part of the company's board of directors, The New York Times reported. According to the New York newspaper, the resignation is due to the pressures of the top five investors in the firm.

"Uber master more than anything in the world and in this difficult moment in my personal life I have accepted the investor's request to put me aside so that Uber can grow back and not be distracted by another fight," said Kalanick in a statement sent to the Times.

The low maximum responsible for Uber arrives after an internal investigation of the company's corporate culture made by the signature of former prosecutor Eric Holder and motivated by allegations of sexual harassment and discrimination.

Last week, recommendations were made regarding their practices and work environment that the transport company will adopt as a result of the research and encompass the areas of the high management bodies, trust, transformation and accountability.

The "leadership changes" of Uber proposed specifically included the "Review and relocation of Travis Kalanick's responsibilities" and the search for a director of operations working alongside the new Director general with an emphasis on corporate culture.

In early June, Uber dismissed 20 employees as a result of a second investigation into individual cases of misconduct related to sexual and psychological harassment and discrimination

Uber, founded in 2009, has revolutionized private transportation around the world, put in check the taxi industry and reached a value of $68 billion, with investors that include from large firms such as BlackRock or the public investment Fund of Saudi Arabia to small shareholders.

In addition to the controversy over its corporate culture, Uber has other open fronts: a Google matrix complaint, Alphabet, for the alleged theft of autonomous car information and a federal investigation into its business operations.

Recently, the company admitted to having mistakenly withheld millions of dollars from New York drivers for about two years.


Popular posts from this blog

"Investors need a minimum." When Bitcoin Will Begin Recovery

Is the Presence of Pips Required for Engaging in Forex Trading? - Exploring the Definition of Pips in the World of Forex Trading

When Bitcoin Will Be More Expensive Than $100 Thousand: A Selection of Predictions