Uber Embraces Major Reforms as Travis Kalanick, the C.E.O., Steps Away
Source: New York Times
SAN FRANCISCO — In Uber’s continuing attempt to repair its reputation over a series of scandals stemming from its bad-boy culture, its co-founder Travis Kalanick said he would take a leave of absence as chief executive. The company also announced it would embark on a sweeping reorganization to ensure that executives are more closely supervised by its board of directors.
At a packed meeting with employees on Tuesday morning, Uber released 13 pages of recommendations compiled as part of an investigation into sexual harassment and other wrongdoing conducted by the former attorney general Eric H. Holder Jr. and his law firm, Covington & Burlington.
But even as Uber promised to reform itself, an exchange between board members on stage highlighted the company’s challenges. In front of employees, the board member Arianna Huffington talked about how having one female director typically leads to more women directors. David Bonderman, a fellow board member and a founding partner at the private equity firm TPG, replied that adding more women to the board would result in “more talking.”
The remark left people aghast, according to those who were there, and set off a storm of criticism on Twitter.
Read more: https://mobile.nytimes.com/2017/06/13/technology/uber-travis-kalanick-holder-report.html