Kalanick recently lost his mother, who died in a boat accident in late May that also left Kalanick's father badly injured. In a statement to CBS News early Wednesday, Uber's board said, "Travis has always put Uber first. This is a bold decision and a sign of his devotion and love fo...
Kalanick's departure was motivated partly by the company's problems, but also by therecent deathof his mother in a boating accident. Uber has been dealing with multiple sexual harassment and discrimination claims, which have led to the firing of more than 20 employees. Watch the Latest f...
mark Capital Partners initiated this action as part of its public and personal attack on Travis Kalanick, the founder of Uber.” It accused Benchmark of “secretly planning” to oust Kalanick shortly after his parents were involved in a boating accident, resulting in the death of his mother....
Kalanick has been synonymous with Uber from the beginning, so this move took a lot of guts, although it likely also had to do with the recent death of his mother and injury of his father in a freak boating accident. But under pressure from investors, he amended his plans and...
Kalanick will take time away to grieve his mother who was recently killed in a boating accident.
However, at the time, Kalanick cited the need to grieve for the loss of his mother, who died in a boating accident in May, for his decision to take an indefinite leave of absence. "For the past eight years my life has always been about Uber," Kalanick wrote in an internal email. ...