Uber to Hire COO After Kalanick Pledges to `Get Leadership Help'
(Bloomberg) -- Uber Technologies Inc. is seeking a chief operating officer, making good on a pledge by Travis Kalanick to seek “leadership help” after a verbal altercation with a driver was caught on video.
The new hire will be, "a peer who can partner with me to write the next chapter in our journey," Kalanick, the chief executive officer, said in a posting on the company's website Tuesday.
Uber has been in the limelight for all the wrong reasons this year. The ride-hailing app was criticized for undermining a taxi strike against Trump's immigration ban in January. In February, a former employee wrote a blog post about her experiences of sexual harassment while working for the company and Uber is also facing a lawsuit from Alphabet Inc.'s autonomous car company Waymo for allegedly stealing trade secrets.
The argument with the driver, made public late last month, was the last straw. A day after the video was released, Kalanick wrote an email to his employees saying, “I need leadership help, and I intend to get it.”
Kalanick's fellow executives include Chief Technology Officer Thuan Pham, Chief Product Officer Jeff Holden, Chief Security Officer Joe Sullivan and General Counsel Salle Yoo.
To contact the reporter on this story: Shelly Hagan in New York at shagan9@bloomberg.net.
To contact the editors responsible for this story: Aki Ito at aito16@bloomberg.net, Molly Schuetz, Andrew Pollack
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
