Uber founder Travis Kalanick resigns as CEO

Uber founder Travis Kalanick resigns as CEO
Posted at 2:32 AM, Jun 21, 2017
and last updated 2017-06-20 22:45:03-04

(RNN) - Travis Kalanick, founder and CEO of Uber resigned as the company's top executive early Wednesday morning, according to The New York Times.

His exit comes after major investors reportedly pressured him to resign Tuesday.

“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Kalanick said in a statement.

Uber has been under scrutiny in 2017 for its involvement in scandal throughout the year.

In March, the company's Vice President Ed Baker resigned after a major sexual harassment investigation was announced.

Uber fired 20 employees in June after that investigation uncovered 215 harassment claims.

Kalanick helped found the ride-sharing service in 2009.

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