BREAKING: Co-Founder and Former Uber CEO Travis Kalanick to Step Down

Travis Kalanick, the co-founder and former CEO of Uber, is stepping down from the company’s board of directors at the end of this month to work on other projects, Uber announced on Tuesday.

“It seems like the right moment for me to focus on my current business and philanthropic pursuits,” Kalanick said in a statement. “I’m proud of all that Uber has achieved, and I will continue to cheer for its future from the sidelines.”

Kalanick co-founded Uber in 2009 and built it into the world’s most valuable startup. The company has had issues with local and national governments, labor unions and its own drivers.

In June 2017, Kalanick resigned as Uber’s CEO after several scandals and after other top executives left the company.

Source: Uber Co-Founder Travis Kalanick to Depart Company’s Board РWSJ

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