Travis Kalanick, the Chief Executive Officer of Uber announced his resignation from the post on 21 June 2017.
Kalanick reportedly took the hard decision after a group of major Uber investors demanded his immediate resignation.
Travis Kalanick will, however, stay on Uber’s board of directors and control a majority of its voting shares.
The ride-hailing company has been hit by a barrage of controversy and scandals over the past year.
The company’s troubles included widespread allegations of sexual harassment, a video showing Travis Kalanick engaging in a heated argument with a driver, a major lawsuit claiming intellectual property theft from Google’s Waymo self-driving car unit and uproar over an executive obtaining the medical records of a woman who was raped by a driver in India.
The company also reportedly fired more than 20 employees recently as a result of an investigation into its work culture.
Travis Kalanick: Know More - Born on 6 August 1976, he is an American computer programmer and businessman.
- He co-founded two a peer-to-peer file sharing service companies between 1998 and 2007, Scour Exchange and Red Swoosh, both of which didn’t do very well.
- While Scour Exchange filed for bankruptcy to protect itself from a lawsuit, Red Swoosh was sold to another American technology company.
- He co-founded UBER, the transportation network company in 2009.
- In 2014, his name was featured on the Forbes list of the 400 richest Americans at 190th position, with an estimated net worth of US$6.3 billion.
- In December 2016, he along with CEOs of other leading American companies was appointed as an economic advisor on Trump’s Strategy and Policy Forum.
