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Uber considering leave for CEO

12 June, 2017, 14:28 | Author: Paula Vaughn
  • Uber CEO Travis Kalanick was advised not to send the 2013 email known as the

The never-ending scandals at Uber have reached a point of reckoning and according to multiple reports, the ride-sharing startup's board will be making some major decisions today.

Top business executive Emil Michael, a chief confidant of Mr Kalanick, was also to part ways with the company. She said Kalanick should "absolutely not" leave his role as CEO.

Since February, six of Kalanick's direct reports have left, leaving his management team hollowed out. The meeting, which Uber has not publicised, could be a pivotal moment for the world's most valuable venture-backed private company, which has upended the tightly regulated taxi industry in many countries but has run into legal trouble with a rough-and-tumble approach to local regulations and the way it handles employees and drivers. Uber too, will be devoid of a leader and this may come as a huge blow for the company as the cab-hailing market turns competitive across the globe. Frances Frei, a former professor and administrator at Harvard Business School, is known as an expert on changing organizations. Although Emil Michael has not been asked to resign, nor has he done so, he is reportedly evaluating his options at this time.

Uber spokesman Matt Kallman said that he wasn't sure the company would make a statement after the meeting. Michael was the one who in 2014 suggested that Uber dig up dirt on journalists looking into the company's practices.

Expected to last a month, this particular investigation is meant to go deep and uncover any illicit activities within the company. "The board has certainly lost any ability to guide him or to negotiate with him - once he became this global icon, and so surpassed expectations, and also made them so wealthy".

A decision on whether to alter Travis Kalanick's role was set to be taken at a meeting of Uber's board on Sunday.

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According to sources speaking with the New York Times, the question of whether Kalanick should take a leave of absense rests in the hands of Garrett Camp, Uber's chairman, and board member Ryan Graves. But there was no word yet on any action related to Kalanick or other executives. Rachel Whetstone, the head of policy who quit in April, was seen as being one of the few people willing to stand up to the chief executive.

Holder's recommendations included imposing new controls on company spending, human resources and other areas where executives had wide discretion.

The company's board is being briefed Sunday about an investigation into sexual harassment and workplace culture at Uber, a source told CNNTech.

The investigation began when a former employee Susan Fowler alleged that she was harassed when she worked for the company.

And now it could all fall on beleaguered company CEO Travis Kalanick, whose future is currently being decided by Uber's board.

Kalanick proposed the idea of taking time off after a boating accident last month that killed his mother and sent his father to the hospital.


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