Uber CEO Travis Kalanick has finally resigned joining an un-prestigious club of many other CEOs and start up founders who have been forced out of their company due to various reasons.
Last week Mr. Kalanick penned a letter to Uber’s employees that he was taking a sabatical, some time off of the day-to-day to grieve my mother. This started speculations that he had lost his boardroom. According to a post by the New York Times, a group of major Uber investors on Tuesday demanded Kalanick’s immediate resignation.
Apart from the costly #DeleteUber campaign and a high profile resignation Uber’s President Jeff Jones to a former Lyft driver seeking $5 million in a class action lawsuit against Uber over allegations of Uber’ secret “Hell” program, Uber may be suffering from a storm that was triggered by a single blog of an Ex-Uber staff, Susan Fowler.
Fowler’s blog post may be now seen as the spark that ultimately started the fire, “Susan’s post was clearly the catalyst that started it all,” said Harry Campbell, a former Uber driver who now blogs about the industry as The Rideshare Guy.
Uber’s board in a statement to The New York Times, said Kalanick’s leaving would allow the company “room to fully embrace this new chapter in Uber’s history.” In a statement, Kalanick says that his decision to step down was “so that Uber can go back to building rather than be distracted with another fight.”
List of other ousted CEO’s
- Rob Kalin, Etsy Co-Founder
- Andy Dunn, Bonobos Founder
- Tri Tran, Munchery Co-Founder
- Jerry Yang, Yahoo Co-Founder
- Jack Dorsey, Twitter Co-Founder
- Mark Pincus, Zynga Founder
- Parker Conrad, Zenefits Founder
- Sophia Amoruso, Nasty Gal Founder
- Martin Eberhard, Tesla Founder