Uber Founder Kalanick Is Obstacle in CEO Search, Says Investor Benchmark - News Summed Up

Uber Founder Kalanick Is Obstacle in CEO Search, Says Investor Benchmark


Days after it sued Uber Technologies Inc.’s former chief executive, investor Benchmark Capital sent a letter to the ride-hailing company’s employees on Monday saying it took action in part to prevent him from undermining the search for his replacement. Benchmark, one of Uber’s early investors, also said in the letter that its suit against Travis Kalanick was intended to hasten cultural changes at the San Francisco company following a...


Source: Wall Street Journal August 14, 2017 18:40 UTC



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