Uber director David Bonderman resigns
from board following comment about women
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[June 14, 2017]
By Heather Somerville
SAN FRANCISCO (Reuters) - Uber Technologies
Inc director David Bonderman said on Tuesday that he has resigned from
the company's board following a remark he made during an Uber staff
meeting that was widely seen as offensive to women.
Bonderman's ill-timed remark came during an all-staff meeting Tuesday to
discuss of how the ride-services company plans to transform itself
following a probe into sexual harassment at the company.
Bonderman said in a statement sent to Reuters that he did not want his
comments to create distraction for Uber, which is working to rid its
culture of sexual harassment and discrimination.
His resignation from the board is effective Wednesday morning.
During Tuesday's meeting, Uber board member Arianna Huffington spoke to
employees about the importance of adding more women to the board of
directors.
"There's a lot of data that shows when there's one woman on the board,
it's much more likely that there will be a second woman on the board,"
Huffington said.
In response, Bonderman said: "Actually, what it shows is that it's much
more likely to be more talking."
The comment was disclosed through a recording of the meeting that was
published by Yahoo. An Uber spokesman verified the authenticity and
accuracy of the recording.
Bonderman, who is a founder of private equity firm TPG Capital, an Uber
investor, shortly after wrote an email to Uber staff to apologize.
In his resignation statement that followed on Tuesday evening, Bonderman
reiterated his regret, calling his remarks "careless, inappropriate, and
inexcusable" and "the opposite of what I intended."
[to top of second column] |
David Bonderman, Founding Partner, TPG, takes part in Private
Equity: Rebalancing Risk session during the 2014 Milken Institute
Global Conference in Beverly Hills, California April 29, 2014.
REUTERS/Kevork Djansezian/File Photo
"I take full responsibility for that," he said. "I need to hold
myself to the same standards that we're asking Uber to adopt."
Bonderman and other board members had joined Tuesday's staff meeting
to lay out recommendations from an investigation into sexual
harassment, diversity, inclusion and other employee concerns led by
former U.S. Attorney General Eric Holder.
Holder's law firm was retained by Uber in February after former Uber
engineer Susan Fowler wrote a public account of her time at the
company, which she said was marred by sexual harassment and an
ineffective response by management.
The recommendations, which were unanimously adopted by the board on
Sunday, call for reducing Chief Executive Travis Kalanick's sweeping
authority at the firm and instituting more controls over spending,
human resources and the behavior of managers.
(Reporting by Heather Somerville; editing by Clive McKeef)
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