14
Jun
2017
Uber’s Shareholder Revolt
Categories: Crisis, Taking & Managing Risk
Uber isn’t having a leadership crisis. It’s having a shareholder revolt.
It has been clear for some time that imposing new procedures aimed at changing the company’s culture would require Mr. Kalanick to give up the reins as CEO.
In normal circumstances, the board would decide on a course of action, take a vote and the CEO would be out the door with a tidy press release and generous exit package.
Indeed, if any other CEO had p...
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