Uber board adopts all
recommendations from Eric Holder investigation
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[June 12, 2017]
By Heather Somerville and Joseph Menn
FRANCISCO (Reuters) - The Uber Technologies Inc [UBER.UL] board of
directors voted unanimously to adopt all recommendations from a report
stemming from allegations of sexual harassment at the company and other
employee concerns, a board representative said on Sunday.
The board, at a meeting on Sunday, adopted a series of recommendations
from former U.S Attorney General Eric Holder following a sprawling,
multi-month investigation into Uber's cultures and practices.
The recommendations will be released to Uber employees on Tuesday, said
the representative, who declined to be identified.
Holder and his law firm were retained by Uber in February to investigate
company practices after former Uber engineer Susan Fowler published a
blog post detailing what she described as sexual harassment and the lack
of a suitable response by senior managers.
The recommendations in Holder's firm's report are expected to force
greater controls on spending, human resources and other areas where
executives led by Chief Executive Travis Kalanick have had a surprising
amount of autonomy for a company with more than 12,000 employees, a
source familiar with the matter said.
The meeting, which Uber did not publicize, is a pivotal moment for the
world's most valuable venture-backed private company that has upended
the tightly regulated taxi industry in many countries but has also run
into legal trouble with a rough-and-tumble approach to local regulations
and the way it handles employees and drivers.
Uber's image, culture and practices have been largely defined by
Kalanick's brash approach, company insiders and investors previously
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A man arrives at the
Uber offices in Queens, New York, U.S. on February 2, 2017.
REUTERS/Brendan McDermid/File Photo
at the meeting on Sunday, board members were expected to discuss Kalanick
temporarily stepping away from the embattled ride-hailing firm - possibly
returning to a role with less authority - and other changes to executive
company also plans to appoint Wan Ling Martello, an executive vice president at
Nestle SA, to the board, Bloomberg reported on Monday, citing people familiar
with the matter. (https://bloom.bg/2rhUeAc)
The board's decisions follow a series of public-relations crises for Uber. The
company faces a criminal probe related to a technology it created called
Greyball that was used to deceive regulators in cities where it was operating.
Uber's self-driving car program is in jeopardy after a lawsuit from Alphabet Inc
alleging trade secrets theft, and the company has suffered an exodus of several
of its top executives.
One Uber investor called the board's decisions on Sunday a step in the right
direction, giving Uber an "opportunity to reboot."
(Reporting by Heather Somerville and Joseph Menn; Editing by Christopher
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