Uber Technologies’ month's long investigation into its own culture has now extended into its most senior ranks.
The Holder Investigation Findings. On Tuesday morning (June 13th, 2017), former US Attorney General, Eric Holder and his law firm issued a report with 13 recommendations, as published by the New York Times Link to Eric Holder's Report Recommendations by NYT). The recommendations included transferring some of the CEO’s responsibilities to the COO and appointing an independent Chairman.
Uber Technologies’ CEO Travis Kalanick, 40, has stepped down from his role. He will continue to serve on the board of directors. Five of the major shareholders in the company – Benchmark Capital, Fidelity, First Round Capital, Lowercase Capital and Menlo Ventures, demanded the CEO’s resignation.