Sunday, August 27, 2017

Meg Whitman is at the center of Uber's boardroom battle (HPE)

It looks like the battle over hiring @MegWhitman as the next CEO of #Uber isn't entirely over. Early investor #Benchmark sued #Kalanick earlier this month, accusing him of undermining the CEO search. Now, another Uber investor is firing back at Benchmark, charging that it's the venture capital firm that's undermining the company and that it remains determined to get its own favorite candidate, Whitman, into the CEO seat. In a scathing letter sent Thursday to Uber's board of directors, Shervin Pishevar, an early investor in the company, charged that Benchmark is attempting to overthrow the board to get its way (emphasis ours): "Benchmark appears determined to insert its own candidate as CEO, Meg Whitman, prior to addressing any future issues, telling me that they 'see no meaningful discussion without an acceptable CEO candidate being hired… uninfected by improper influences.' The 'improper influences' here are Benchmark's own efforts to control the company. They have no interest in reaching a peaceful accord which will allow this great company to grow even more, to recruit a world-class CEO, to secure further important funding. Clearly, they have a different agenda than ours."

http://www.nhregister.com/technology/businessinsider/article/Meg-Whitman-is-at-the-center-of-Uber-s-boardroom-11957118.php

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