Source | Linkedin.com | BY:Justin Bariso, Author of EQ, APPLIED | Management Thinker & Doer | Inc. and TIME Contributor
That’s the lede for my column this morning, which you can read in full here on Inc.com. (The following is an edited summary, with two added lessons.) The New York Times broke the story early this morning, reporting that five of Uber’s major investors had reached an agreement, demanding that Mr. Kalanick “immediately leave” and that the company “needed a change in leadership.” They communicated their demands via a letter to Mr. Kalanick, entitled “Moving Uber Forward.”
This has no doubt been a challenging time for the former chief executive, who lost his mother last month to a tragic boating accident (that also left his father seriously injured).
“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 Mr. Kalanick in a statement.