Uber CEO Travis Kalanick to Take Indefinite Leave of Absence

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Uber Technologies Inc. Chief Executive Travis Kalanick said he would take an indefinite leave from the company he built into the world’s most valuable startup, as the ride-hailing giant announced sweeping changes to its workplace culture in response to a series of scandals.

Mr. Kalanick said in an email to Uber’s 12,000 employees Tuesday that he would shift his responsibilities to 14 direct reports while he is away, stepping in only for major strategic decisions.

The move by the 40-year-old co-founder creates another void in Uber’s already thinning executive ranks. “If we are going to work on Uber 2.0, I also need to work on Travis 2.0 to become the leader that this company needs and that you deserve,” Mr. Kalanick wrote.

Read full article here.

Greg Bensinger – JUNE 13, 2017.

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