Uber CEO to Take Leave, Have Diminished Role After Scandals
- Kalanick hands duties to committee, without a set return date
- Upon his return, CEO will hand off some tasks to COO, chair
Billionaire Travis Kalanick, chief executive officer of Uber Technologies Inc., speaks during a session at the World Economic Forum (WEF) Annual Meeting of the New Champions in Tianjin, China, on Monday, June 27, 2016. The meeting runs through June 28.
Photographer: Qilai Shen/BloombergUber Technologies Inc. Chief Executive Officer Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will be run by a management committee as it tries to navigate a wave of scandals.
Upon Kalanick’s return, Uber will strip him of some duties and appoint an independent chair to limit his influence, according to an advance copy of a report prepared for the board.