Uber CEO Kalanick Confirms Sabbatical
Travis Kalanick, founder and CEO of ride-hailing service Uber Technologies Inc., confirms earlier media reports that he will take time off from leading the crisis-laden company.
Travis Kalanick, founder and CEO of ride-hailing service Uber Technologies Inc., confirms earlier media reports that he will take time off from leading the crisis-laden company.
Day-to-day operations will be handled by the managers who report directly to him. Kalanick, who says he will remain available for major strategic decisions, did not announced an interim CEO or say how long he plans to be away.
The 40-year-old tells employees via email he will use the leave of absence to grieve for his mother, who was killed in a boating accident in late May. The brash CEO adds that he will seek counsel to improve his own management skills, declaring that, “if we are going to work on Uber 2.0, I also need to work on Travis 2.0.”
Kalanick’s sabbatical comes as Uber’s board unanimously adopts 47 recommended improvements to the company’s corporate shortcomings. The advice was the result of an investigation prompted by claims of sexual harassment and led by former U.S. Attorney General Eric Holder.
Holder’s recommendations include reassigning some of Kalanick’s authority and implementing better controls over human resources and company spending. They also call for better management training and accountability.
RELATED CONTENT
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)