Travis Kalanick is out at Uber — for good this time.
The former CEO and cofounder of the company announced Tuesday that he was leaving the board of directors. By this time next week, he’s outta there.
He was ousted as CEO in 2017, when former Expedia CEO Dara Khosrowshahi took over, but he remained on the board. Kalanick even testified on behalf of Uber in the 2018 Waymo v. Uber trial concerning self-driving technology trade secrets.
After Uber went public in May, Kalanick waited patiently for the time he could cash in all his Uber shares. And cash in he did as soon as the November lockup deadline lifted. Now he has a healthy $2.5 billion from Uber stock as he ventures further into new projects like his ghost kitchen startup and investment company. Read more…
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