banner
Business

Uber CEO Travis Kalanick resigns after months of crisis

Posted June 21

Travis Kalanick has resigned as the chief executive of Uber, the ride-hailing startup he co-founded and turned into a global tech giant.

Kalanick had already taken leave from the company last week following the death of his mother in a boating accident.

But the move failed to defuse a growing crisis over his leadership and demands from investors that he resign.

"I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight," Kalanick said in a statement late Tuesday, according to an Uber spokesperson.

The news of Kalanick's exit was first reported by The New York Times.

Comments

Please with your WRAL.com account to comment on this story. You also will need a Facebook account to comment.

Oldest First
View all