ISSUE – June 14| Uber CEO to Take Leave, Diminished Role After Workplace Scandals

  • Travis Kalanick will hand off some duties to COO, chair

  • He plans to take a leave without disclosing return date

Uber Technologies Inc. Chief Executive Officer Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will be run by a management committee as it tries to navigate a wave of scandals. [ Bloomberg ] [ PitchBook ]