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Saturday 30 September 2017

Uber is definitely not happy with Travis Kalanick's board appointments

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Ousted Uber CEO but still-Uber-board-member Travis Kalanick named two new directors to Uber's board without consulting anyone else at the ride-hailing company he founded. 

Despite Kalanick's looming presence over Uber, the people actually running the company now were not happy with his scheme. 

"The appointments of [former Xerox CEO Ursula Burns] and [former Merrill Lynch chief John Thain] to Uber's Board of Directors came as a complete surprise to Uber and its Board," Uber said in a statement. "That is precisely why we are working to put in place world-class governance to ensure we are building a company every employee and shareholder can be proud of."  Read more...

More about Uber, Ride Hailing, Travis Kalanick, Benchmark, and Business

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