Amid mounting investor pressure, Travis Kalanick has stepped down as CEO of cab hailing company Uber, the New York Times reported. Kalanick is currently on an indefinite extended leave of absence (partly because his mother died in a boating accident) and Uber's board had recommended that his responsibilities should be reviewed and reallocated. However, the report added that Kalanick will stay on Uber's board of directors. This entire process was kickstarted in February this year, when former Uber engineer, Susan Fowler alleged that she had faced sexual harassment and discrimination during her time at the company. Things were further complicated for Kalanick as it was revealed that current and former senior management members had obtained and held onto medical records of the Delhi rape survivor in 2014. The survivor has once again filed a lawsuit against the company and three of its current and former senior management members (including Kalanick). The company is also facing trade secret theft lawsuit by Waymo, Alphabet's self-driving car unit. So far, around 20 executives have been fired or quit the company for various reasons. This included Emil Michael, who was widely believed to be Kalanick's right hand and closest confidant. Michael quit in the aftermath of the revelation that Uber executives held on to the records. Top level vacancies The top levels of Uber are vacant and currently does not have a chief operating officer, a chief financial officer, chief marketing officer, chief diversity officer, general counsel, senior vice president of engineering. Uber's board…
