Uber Technologies, Inc. founder and CEO Travis Kalanick has resigned from the ride-hailing company amid significant turbulence this year. As he weathered allegations of sexual misconduct, bullying and a toxic company culture before taking a leave of absence last week, Kalanick stepped down yesterday under heavy investor pressure.
His departure comes after Uber board member and TPG private equity partner David Bonderman left the company earlier this month. Bonderman made a sexist comment during a company meeting addressing none other than sexual harassment.
Fellow board member Arianna Huffington said that once there is one woman on a company's board, data shows there's more likely to be another. Bonderman's response: "Actually, what it shows is that it's much more likely to be more talking."
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