Jun 12, 2017

Uber set to lose another top executive Emil Michael

Emil Michael, Uber's senior vice-president and a close ally of chief executive Travis Kalanick, is leaving the company, according to reports. Uber said the board had voted unanimously to adopt all the report's recommendations. An Uber insider said the recommendations in Mr Holder's report include introducing more control on spending, human resources and other areas where executives led by Mr Kalanick have had an unusual degree of autonomy for a company of Uber's size. Uber board member Arianna Huffington has said Mr Kalanick needed to change his leadership style from that of a "Scrappy entrepreneur" to be more like a "Leader of a major global company". One Uber investor said the board's decisions were a step in the right direction, giving the firm an "Opportunity to reboot".

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