Uber says that Travis Kalanick, its former CEO, will step down from the company’s board of directors effective Dec. 31.
, though not on the dais with company executives. Uber CEO Dara Khosrowshahi said in the release that he was “enormously grateful for Travis’ vision and tenacity while building Uber.”
“Uber has been a part of my life for the past 10 years,” Kalanick said in the release. “At the close of the decade, and with the company now public, it seems like the right moment for me to focus on my current business and philanthropic pursuits. I’m proud of all that Uber has achieved, and I will continue to cheer for its future from the sidelines. I want to thank the board, Dara and the entire Uber team for everything they have done to further the Uber mission.
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