Uber co-founder Travis Kalanick retires from director and sells all shares, disrupting Uber relationship
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Travis Kalanick , an American businessman, founded Uber , a dispatcher in 2009, with Garrett Camp in 2009, and served as CEO until June 2017. After leaving the CEO, Karanick remained on the board of directors at Uber, but it was announced that he would eventually sell all his shares and resign on December 31, 2019.
Travis Kalanick to Depart Uber Board of Directors | Business Wire
https://www.businesswire.com/news/home/20191224005126/en/Travis-Kalanick-Depart-Uber-Board-Directors
Travis Kalanick severs all ties with Uber, departs board, sells all his shares
https://www.cnbc.com/2019/12/24/travis-kalanick-to-depart-uber-board-of-directors.html
Travis Kalanick is leaving Uber's board of directors-The Verge
https://www.theverge.com/2019/12/24/21036471/travis-kalanick-leaving-uber-board-of-directors
On December 24, 2019, a Uber spokeswoman announced that he had sold all of the shares owned by Kalanick and that he will resign from the board on December 31, 2019. The total amount of Kalanick's investment in Uber is unknown, but the total number of shares sold is expected to be around $ 2.5 billion.
He was credited with growing Uber as one of the world's largest companies during his time as Co-Founder and CEO of Uber. At the same time, they have been sued for alleging price manipulations that violate
Named Uber's next CEO --- What is Dara Kosroshahi? | Business Insider Japan
After that, Mr. Kalanick was a member of Uber as a director, but by selling all his shares and resigning from the board, he will break his relationship with Uber, who has been involved as a co-founder since the beginning. Was. According to Uber, Kalanick will retire to focus on new business and philanthropy. In addition, Uber seems to have already decided 'a strong candidate to recommend at the appropriate time' for the person who will join the board as a replacement of Mr. Kalanick, but it has not been announced at the time of writing the article.
'At the time of writing, Uber CEO Kosuloshahi said,' Few entrepreneurs have created anything more serious than Kalanick built with Uber.Kalanick's vision and tenacity when establishing Uber And I'm very grateful for the expertise I have gained as a member of the Board of Directors, and everyone at Uber wishes Karanick to do her best. '
'Uber has been a part of my life for the past ten years. At the end of the ten-year period and the company goes public, I'm focusing on the business and philanthropy I'm currently working on. I'm proud of everything Uber has accomplished and will continue to support Uber's future as an onlooker.The board, Dara and the entire Uber team will advance Uber's mission I would like to thank all the activities I did for this purpose. ' At the time of writing, Kalanick is focusing on a startup called CloudKitchens, which rents a kitchen space equipped with cooking utensils to restaurant managers who run food delivery services.
by TechCrunch
Uber's shares have gained slightly in trading on Tuesday, when Kalanick's retirement was announced.
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