Posted by on December 24, 2019 11:48 am
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Categories: µ Newsjones

  • Former CEO to step down by end of year, effectively severing ties
  • Kalanick had been subject of shareholder revolt after setbacks

Uber’s former CEO Travis Kalanick will resign from the board of directors of the US ride-share giant by the end of the year, the company said on Tuesday, effectively severing ties with the outfit he co-founded a decade ago.

Kalanick, who helped found Uber in 2009, stepped down from the company’s helm in June 2017 under pressure from investors, after a string of setbacks.

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