Uber founder Travis Kalanick reportedly resigns as CEO

- NEW YORK (AP) -- Uber CEO and co-founder Travis Kalanick has resigned.

Kalanick said in a statement to The New York Times on Tuesday that he has accepted a request from investors to step aside. Kalanick says the move will allow the ride-sharing company to go back to building itself rather than become distracted by another fight.

Kalanick had already been on indefinite leave amid criticism of his management style and following the death of his mother in a boating accident.

The San Francisco-based company he co-founded in 2009 has been trying reverse damage done to its reputation by revelations of sexual harassment in its offices, allegations of trade secrets theft and an investigation into efforts to mislead government regulators.

Up Next:


Up Next

  • Uber founder Travis Kalanick reportedly resigns as CEO
  • Former Ku Klux Klan member turned Catholic priest takes leave after revealing past
  • Shooting leaves 1 dead, 3 wounded in Newark
  • President Trump outlines strategy for war in Afghanistan
  • Sioux Falls Humane Society re-enacts eclipse with cats
  • Viewing the solar eclipse from 35,000 feet in the air
  • KKK recruitment card found on windshield in Shepherd
  • FOX News reports Pres. Trump to send 4,000 troops to Afghanistan
  • Arizona teen with terminal illness wants 100,000 birthday cards
  • Mother arrested for leaving kids in hot car while she drinks at bar