Kalanick Leaves Uber

Published: Jan. 11, 2020, 3 p.m.

Uber co-Founder (and former CEO), Travis Kalanick, resigned. After the New York Times accused Kalanick (that, once wrote: “for the first time in my life I was leading an organization that wasn’t on the brink of failure each day”) of deceiving regulators in 2017, Expedia’s Dara Khosrowshahi took over the CEO position. Kalanick sold all of his stocks in Uber, and he has now, officially, nothing tying him up to the carsharing app. The market, according to the stock, didn’t seem to care.