“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,” the former Uber CEO said
Travis Kalanick is parting ways with Uber Technologies Inc., the company he co-founded and turned into an icon of startup ambition before his tumultuous ouster as CEO in 2017.
Uber announced Tuesday that Mr. Kalanick would leave the board of directors at the end of the year. The decision comes as Mr. Kalanick has sold out his entire position in Uber over the past two months, according to his spokeswoman, netting over $2.7 billion.
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