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June 13, 2017 06:00 pm

Uber CEO To Take Leave, Diminished Role After Workplace Scandals

Uber CEO Travis Kalanick will take a leave of absence from the world's most valuable privately held company, he announced in an email to employees Tuesday. From a report: Uber Chief Executive Officer Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will strip him of some duties and appoint an independent chair to limit his influence after a slew of scandals, according to an advance copy of a report prepared for the board. At a staff meeting Tuesday, the company will convey the results of a probe conducted by Eric Holder, the former U.S. attorney general who Uber hired to look into allegations of harassment, discrimination and an aggressive culture. The 47 recommendations include creating a board oversight committee, rewriting Uber's cultural values, reducing alcohol use at work events, and prohibiting intimate relationships between employees and their bosses. Uber's board met Sunday to review a detailed version of the report and voted unanimously to approve the recommendations. Afterward, the San Francisco-based company ousted Emil Michael, Uber's head of business.

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