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World|business|June 21, 2017 / 04:16 PM
Uber founder Travis Kalanick resigns after months of turmoil
ERIC PIERMONT/AFP/Getty

AKIPRESS.COM - Uber boss Travis Kalanick has resigned as chief executive after pressure from shareholders, BBC reported.

Mr Kalanick will remain on the board of the ride-hailing firm, however.

His resignation comes after a review of practices at the firm and scandals including complaints of sexual harassment.

Last week he said he was taking an indefinite leave of absence following the sudden death of his mother in a boating accident.

Five major Uber investors demanded Mr Kalanick's immediate resignation in a letter on Tuesday, the New York Times said.

Mr Kalanick reportedly said: "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."

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