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Uber CEO resigns after months of controversy

Uber CEO Travis Kalanick resigns.

@anthony256
Published Thu, Jun 22 2017 12:17 AM CDT   |   Updated Tue, Nov 3 2020 11:55 AM CST

Uber is stumbling out of control, with CEO Travis Kalanick stepping down from the company. The New York Times is reporting that a group of major Uber investors demanded Kalanick's resignation on Tuesday.

Uber CEO resigns after months of controversy | TweakTown.com

Kalanich eventually bowed to the demands after "hours of discussions", and will continue to stay on Uber's board and still has his hands-on a majority of voting shares. Kalanick said in a statement to the NYT: "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".

The Uber board said: "Travis has always put Uber first. This is a bold decision and a sign of his devotion and love for Uber. By stepping away, he's taking the time to heal from his personal tragedy while giving the company room to fully embrace this new chapter in Uber's history. We look forward to continuing to serve with him on the board".

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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