Former Uber CEO Travis Kalanick was spotted in New York City for the first time since he stepped down as the head of the ride-hailing app on Tuesday.
The 40-year-old was seen on foot – in Nike sneakers – wearing a baseball cap, mirrored sunglasses and a backpack in these exclusive DailyMail.com photos.
Kalanick, the embattled founder of Uber, resigned earlier this week at a pivotal, and increasingly problematic, time for the company.
It was not by choice however, with five of the company’s biggest investors demanding his resignation according to The New York Times, who obtained a copy of the letter those individuals sent to Kalanick.
In the aftermath of that shocking revolt by the company’s primary shareholders, it was revealed that while Kalanick was out as CEO he would remain a member of the Uber board.
Incognito: Former Uber CEO Travis Kalanick was spotted in New York City for the first time since he stepped down as the head of the ride-hailing app on Tuesday
Laying low: Kalanick, who resigned on Tuesday at the demands of company investors, was seen sporting casual attire to keep a low profile, with a blue cap, sunglasses, jeans and a t- shirt
The 40-year-old resigned as the head of the company but it was reported he would remain on the Uber board
Kalanick, who is worth $6.3billion, still retains control of a majority of Uber’s voting shares
The shock over Kalanick’s departure was followed on Wednesday by speculation about who might be stepping into the CEO role at Uber, with Sheryl Sandberg the first name to gain traction.
That is not happening however, according to Hobson, who claimed her good friend will not be taking the job.
‘So I’ve talked to multiple sources around Sheryl, zero chance that she’s leaving Facebook. Zero,’ said Hobson.
‘They made it clear a lot of people want this job, but they also made it clear that they see this job as not one person but a team because they have so much work to do and so many positions,’ said Hobson.
‘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,’ said Kalanick.
It went on: ‘I will continue to serve on the board, and will be available in any and all ways to help Uber become everything we’ve dreamed it could be. Thank you for everything.’
Kalanick, who is worth $6.3billion, still retains control of a majority of Uber’s voting shares.
Uber’s board said in a statement: ‘Travis has always put Uber first. This is a bold decision and a sign of his devotion and love for Uber.
‘By stepping away, he’s taking the time to heal from his personal tragedy while giving the company room to fully embrace this new chapter in Uber’s history. We look forward to continuing to serve with him on the board.’
Meanwhile, one of the investors who demanded Kalanick step down, Bill Gurley of Benchmark, stepped down from his post on the company’s board of directors on Wednesday.
Gurley had been pushing for change ever since February, when former Uber employee Susan Fowler wrote about her year working at the company.
Fowler alleged that she and other women at the company were subject to constant harassment by men, and that when she did take complaints to human resources they were always dismissed and nothing was done to change the toxic environment.
She even claimed that at one point an employee with the HR department stated that shew might be the problem, and not the men.
It was not just that either, and Fowler also detailed some members of the staff as doing everything they could to rise up in the ranks while sabotaging not only other workers but also the productivity of the company.
Addressing his resignation in a statement on Tuesday, Kalanick said ‘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’
Gurley was replaced by Matt Cohler, his co-worker at the venture firm and a close friend of Sandberg.
It is unclear if he waited to take the position until after Sandberg made it clear that she would not take the job to avoid any possible conflicts of interest, as Gurley seemed to have already planned his exit early in the week.
Among the name floating around as possible replacements for Kalanick are newly ousted Yahoo head Marissa Mayer, Meg Whitman of Hewlett Packard and Helena Foulkes of CVS.
AOL head honcho Tim Armstrong, former Ford CEO Mark Fields, and departing GE chairman Jeff Immelt are also said to be in the mix.
The decision to hire a female would send a strong message no doubt in the wake of the sexual harassment scandal plaguing the company, which led to the termination of 20 employees.
Uber, which was founded in 2009, has raised more than $14 billion over the past eight years.
In the letter to Kalanick, the investors also demanded that an experienced CFO be hired and that the founder and former CEO help the board in their search for his replacement.