Travis Kalanick Is Done With Uber
It's the end of an era for ridesharing giant Uber (NYSE: UBER), for better or for worse. The company announced this week that co-founder Travis Kalanick is stepping down from Uber's board of directors at the end of the year.
Kalanick was ousted by private investors as Uber CEO in 2017 over a series of controversies including creating a toxic workplace culture that turned a blind eye toward sexual harassment while directing the company to push legal boundaries in the pursuit of disruptive growth. Uber then tapped Expedia former CEO Dara Khosrowshahi to lead the company -- and take it public.
Image source: Uber.
Source Fool.com