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Travis Kalanick won't be back as CEO: Uber board member

09 August 2017

Uber (Private:UBER) has unsealed the deposition of ex-CEO Travis Kalanick given during the legal battle with Waymo (GOOG, GOOGL) over alleged stolen self-driving auto tech.

Just under two months after resigning from Uber, former CEO Travis Kalanick has asked some former colleagues if they would support him in a potential shareholder battle, according to a new report by The Information. Despite rumors I'm sure you've seen in the news, Travis is not returning as CEO. "It is time for a new chapter and the right leader for our next phase of growth". A major investor in Uber, Benchmark tweeted that it remains committed to the company - and to finding a new CEO.

Kalanick was ousted as CEO of the ride-hailing company earlier this year, but in the past few weeks, his name had been tied to the company's current look for a replacement. So far, Uber executives have declined to make any comments with regards to these statements aside from the email that Camp sent out.

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Salle Yoo, the company's chief legal officer, also addressed questions about Kalanick's prospects to return as CEO at a staff meeting last week, said a person familiar with the matter. "Uber must evolve and mature", wrote Camp, who started the company with Kalanick in 2009.

Kalanick stepped down as CEO in June at the urging of Uber's five main investers. Thank you for all your hard work.

For Kalanick, Camp's confirmation will sting, but the change is important and necessary even. Micah Alpern, principal at consulting firm A.T. Kearney, believes that putting Kalanick back in his previous positions signals that Uber isn't committed to changing its old ways.

Travis Kalanick won't be back as CEO: Uber board member