Home » Money

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.

Cubs SS Addison Russell returns to lineup against Rockies
Arrieta defeated Miami 10-2 last time out with both runs given up on two hits and a trio of walks in six innings of work. They started off the series with a close win, 3-2, a much-needed triumph over their rivals after a long losing streak.

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.

Recommended:

  • Trump slams Qatar for funding terror as Tillerson urges calm

    The spat has led to one of the worst Gulf crises in decades, with suspended flights and regional ports closed to Qatari ships. He warned that the Persian Gulf crisis is hindering US efforts to fight the Islamic State group.
    UAE ruling family member: Qatar now questioning its leaders

    UAE ruling family member: Qatar now questioning its leaders

    He said: "The current crisis has nothing to do with the US Al Udeid Air Base in Qatar, as this is not an issue that concerns us". Saudi Foreign Minister Adel al-Jubeir said Gulf states could resolve the row with Qatar among themselves without outside help.
    Muhlenberg Twp. church to install new pastor

    Muhlenberg Twp. church to install new pastor

    Shady Grove Missionary Baptist Church , 1588 Shady Grove Road, Providence, North Carolina, will hold VBS from 5:30 to 8 p.m. Vespers in the Valley: affiliated with Ridge Presbyterian Church (Paradise), meets at New Hope Fellowship Church, 418 W.
  • Shakib and Mahmudullah star as Bangladesh keep semi-final hopes alive

    Shakib and Mahmudullah star as Bangladesh keep semi-final hopes alive

    He then released the shackles with an aggressive approach and by the time Trent Boult dismissed him for 114 the contest was over. Boult should have got in on the act when Ross Taylor , injuring himself in the process, spilled Mushfiqur's hard edge to slip.
    Overhead geese provide messy end to day at Disneyland for 17 people

    Overhead geese provide messy end to day at Disneyland for 17 people

    They were given clean clothes and were able to freshen up and finish their day at the Happiest Place on Earth. Officials at Disneyland notified the fire department to come out and verify exactly "what the material was".
    2-year-old dies after possible tick bite

    2-year-old dies after possible tick bite

    The little girl developed a high fever and her parents took her to the emergency room where they treated her for strep throat. Family members of 2-year-old Kenley Ratliff say she was bitten by a tick and died from an infection a few days later.
  • The Cleveland Cavaliers are Done, and They Know It

    LeBron not only didn't take the shot, it's hard to even call it a shot when you look at the replay. In the Finals, they won Game 1 by 22, Game 2 by 19 and Game 3 by five after coming from behind.
    Apple aims to 'reinvent home music' with HomePod smart speaker

    Apple aims to 'reinvent home music' with HomePod smart speaker

    Analysts said Apple is playing to its strength in the music industry by focusing on sound quality and its catalog of songs. The other also suggest that this Touch ID feature would also be placed underneath the display at the home button.

    Rafael Nadal Next Opponent

    On a windy Court Suzanne Lenglen after Thiem saved two set points in the opener, his game became littered with errors. Novak Djokovic , Rafael Nadal , Caroline Wozniacki , and Kristina Mladenovic are the biggest seeds on the day.
  • Qatar, accused of supporting terrorism, hires ex-US attorney general

    Qatar, accused of supporting terrorism, hires ex-US attorney general

    Cavusoglu also said no country in the Gulf region should regard the deal concerning Turkey's setting up a base in Qatar as against itself.
    Canadian GP:

    Canadian GP: "Lewis was better today" - Vettel

    Explaining what the team did, Wolff said: "Throughout the session we just continued to improve, particularly with Lewis". To receive this is a great honour. "Ayrton, I know for many of you was your favorite driver and it was the same for me".
    Oklahoma law enforcement officers kill man, sparking protest

    Oklahoma law enforcement officers kill man, sparking protest

    Police say the deputies and the officer shot the man as he tried to enter the store because there were people inside. Police had gone to Barre's home several times since a civil mental health pickup order was issued May 31.


Popular

Pro hockey: Predators eye road magic, upset
If Crosby brought his "A" game, Pekka Rinne once again brought his road game. "I don't know what he was trying to do". The team that has won Game 5 in a 2-2 series has gone on to win the Cup 71 percent (17 of 24) of the time since 1939.

Theresa May, Jeremy Corbyn face tough questions on live TV
Both leaders are set to be quizzed by Jeremy Paxman and a live studio audience in a broadcast jointly hosted by Channel 4 and Sky News.

All Blacks coach Steve Hansen says Lions have to start winning
New Zealand Rugby CEO Steve Tew stressed that the switch from the Hansen era to the next would be managed as smoothly as possible. I was touring with Wales last summer and we saw how tough it can be, especially in those last 10 minutes.

Backed Forces Launch Attack on ISIL Capital, Raqqa
On April 4, a USA military source says an airstrip has been prepared in Kurdish-controlled zones for use by C-17 cargo planes. The battle for Raqqa is expected to last for a long period of time as the ISIS terrorists will most likely put up a fight.

Apple 'HomePod' speaker to take on Amazon, Google
And if you have HomeKit-enabled devices, you can control your lights, garage door, air conditioning and more using this speaker. Like the Amazon Echo and Google Home , the HomePod will play music while also helping people to manage their lives and homes.