Uber CEO could have to take a leave of absence

Emil Michael
        LinkedIn

Emil Michael, senior vice president and a close Kalanick ally, has left the company, the source said. The company is locked in a legal battle with Waymo over self-driving vehicle tech and faces a high profile investigation into sexual harassment, along with numerous other smaller scandals and controversies.

However the company didn't say what those proposals were about.

The recommendations made by former attorney general Eric Holder are set to be released on Tuesday. Ever since 2009, Kalanick has worked endlessly to make Uber what it is now, a near $70 billion entity.

More recently, Michael's name was mentioned in multiple PR crises plaguing the company.

However, Uber has declined to comment on the discussions.

In February, former Uber engineer Susan Fowler wrote on a blog that she had been propositioned by her boss in a series of messages on her first day of work and that superiors ignored her complaints. It is possible that Mr Kalanick could take time off from Uber and then return to a role with less authority, or remain as chief executive but face more scrutiny, the Reuters news agency reported.

Antero Midstream Partners LP (AM) Stake Decreased by Samson Capital Management LLC
Finally, ING Groep NV acquired a new position in EQT Midstream Partners, during the first quarter worth approximately $15,342,000. Hirtle Callaghan & Co LLC bought a new position in shares of EQT Midstream Partners, during the first quarter worth $138,000.

The complaints proved impossible to sweep under the rug, as Uber past year brought in former US Attorney General Eric Holder to run an investigation into the company. The investigation had unfettered access to 600,000 of Uber's internal documents, according to the law firm. Prior to the board meeting the Wall Street Journal reported that Emil Michael, Uber's long-standing Chief Business Officer who has been linked to several of the scandals, may resign as early as Monday as a result of the report. Uber has met with a torrent of controversy relating not only to its business model, but claims by staff the company is badly managed and is rife with sexism and sexual harassment. He later apologised, saying "I must fundamentally change as a leader and grow up".

One Uber investor said the board's decisions were a step in the right direction, giving the firm an "opportunity to reboot".

She is the third high-profile female appointment to the company in the past week.

As attention turns to Uber's chief executive and one of his deputies, the uncertainty highlights a critical weakness in the company's top ranks.

Perkins Coie said there are 31 employees in counseling or training, while seven received written warnings from the company.

In addition to firing 20 employees, Uber said Tuesday that it was hiring an Apple marketing executive, Bozoma Saint John, to help improve its tarnished brand.

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