Uber has frequently made the headlines in 2019, from a flopped IPO to being banned in countries like Colombia and Germany, and cities such as London. Now, as Uber reaches the end of an era, its co-founder and board member, Travis Kalanick has announced his resignation.
Mr. Kalanick has made the decision to focus on his personal life an dphilanthropy. “At the close of the decade, and with the company now public, it seems like the right moment for me to focus on my current business and philanthropic pursuits. I will continue to cheer for its future from the sidelines,” Kalanick said in an Uber release.
Back in 2017, Mr. Kalanick was rocked with scandals, including reports of sexual harassment and a toxic workplace culture. He was forced to resign from his position as CEO and made a member of the board.