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Uber's first CEO steps down from exec role

Uber's first CEO steps down from exec role
© Greg Nash

Ryan Graves, Uber’s vice president of operations and the company’s first CEO, is stepping down, according to multiple reports.

Graves said in an email to employees that he will stay on as director of Uber’s board.

His departure is the latest in an upheaval at the top levels of the company that included former CEO Travis Kalanick being pushed out in June by some of Uber’s top investors.

“So, why now? Well, there is no great time for a move like this one,” Graves wrote in the email, according to Recode. “But it’s really important to me that this transition doesn’t take away from the importance of the onboarding process of our new CEO, whoever they might be.

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“My hope is that ensuring my transition is known and planned for well before our board's decision on CEO it will help to make it clear to our team and to our new leader that I will be there to support however I can,” he continued.

An Uber spokesman did not immediately respond when asked to confirm the move.

The company has been rocked by a number of controversies this year, including allegations that Uber’s leadership was indifferent to sexual harassment complaints filed by female employees. That prompted two outside investigations into the company’s workplace culture, which concluded shortly before Kalanick’s ouster.

“We should have taken more time to reflect on our mistakes and make changes together,” Graves admitted in his email. “There always seemed to be another goal, another target, another business or city to launch. Confucius said that reflection is the noblest method to learn wisdom, and fortunately, our new found reflection and introspection has become an asset to us and we have evolved and grown considerably.”