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Travis Kalanick severs all ties with Uber, departing board and selling all his shares

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(Source: https://www.cnbc.com/2019/12/24/travis-kalanick-to-depart-uber-board-of-directors.html) Former Uber CEO Travis Kalanick will step down from the board, effective Dec. 31, and a spokesperson said Tuesday he has sold all of his stock in the ride-hailing company he co-founded 10 years ago. It’s unclear how much Kalanick’s total stake is worth, but the latest public filings show it’s about $2.5 billion. In […]