• Friday , 21 Jul 2017
Published : 21 Jun 2017, 12:31:52AA-A+

Uber chief executive quits

Online Desk
Uber boss Travis Kalanick has resigned as chief executive after pressure from shareholders, according to media reports.

Kalanick will remain on the board of the firm, however, the New York Times said.

His resignation comes after a review of practices at the firm and scandals including complaints of sexual harassment, reports BBC.

Last week he said he was taking an indefinite leave of absence.

Five major Uber investors demanded Mr Kalanick's immediate resignation in a letter on Tuesday, the newspaper reported.

Kalanick reportedly said: "I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight."

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