★ Travis Kalanick Appoints Two New Board Members without Board or CEO Approval (Oct 2, 2017)

The latest round of controversy at Uber erupted Friday night as Travis Kalanick unexpectedly appointed two new members to the Uber board as part of an earlier agreement, albeit without the knowledge or approval of either the existing board members or new CEO Dara Khosrowshahi. This is best seen as further evidence, if it were needed, that Kalanick’s main objectives continue to be serving his own self-interest rather than Uber’s best interests, and that if he’s using these appointments to bolster his power on the board, the rest of the board should resist that effort. The Recode piece I’m linking to below has a great overview of what all this means at this point and how it might play out, and importantly says that the board members don’t object to those nominated as much as the process. The context is that the board has been working on governance changes that would formally limit both Kalanick’s voting power and his ability to come back in a management role, changes he naturally opposes. At this point, I can’t imagine Kalanick actually thinks he’s doing what’s best for Uber, and in the meantime he continues to do the company substantial damage and distract it from the real changes which need to be made, including governance changes recommended in the Holder report. It’s ever clearer that Kalanick hasn’t changed and and indeed hasn’t taken any of what’s happened over the last ten months or so to heart.

via Recode

The company, topic, and narrative tags below will take you to other posts with the same tags. The narrative link(s) will also take you to the narrative essay which provides additional context behind the post.

• Uber

• Culture
• Executives

• Uber's Culture is Toxic

Vote for or share this post

Use the Like button below to vote for this post as one of the most important of the week. The posts voted most important are more likely to be included in the News Roundup podcast episode I do each week. Or use the sharing buttons to share a link to this post to social networks or other services.