After several tumultuous months that culminated in a shareholder revolt, Travis Kalanick stepped down Tuesday as chief executive of the ride-hailing giant Uber. Kalanick, who helped founded Uber in 2009 and established it as Silicon Valley’s highest flying start-up, will stay on Uber’s board of directors, a company official confirmed. The resignation comes after a series of bruising scandals that arose from the company’s famously hard-charging workplace culture, which many say is a reflection of Kalanick himself. That week, Emil Michael, the company’s senior vice president and a close Kalanick ally, was also pressured to resign. The exit also comes amid the company’s search for a chief operating officer, a second in command who could take the reins from Kalanick.

Source: Washington Post June 21, 2017 06:29 UTC