Former Uber CEO Travis Kalanick resigns from ride-hailing giant's board

Former Uber CEO Travis Kalanick resigns from ride-hailing giant's board

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Former Uber CEO Travis Kalanick is resigning from the board of directors, severing ties with the ride-hailing company that he co-founded a decade ago and ran until a series of scandals led to his downfall. Kalanick recently sold more than $2.5 billion worth of stock in the company, or more than 90% of his holdings. Uber under Kalanick grew with incredible speed, but like a number of other tech startups, it ran into trouble with a corporate culture that appeared at times to be spinning out of c

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Former Uber CEO Travis Kalanick resigns from ride-hailing giant's board originally appeared on Autoblog on Tue, 24 Dec 2019 11:20:00 EST. Please see our terms for use of feeds.

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