As Eric Newcomer reports in Bloomberg:
"Travis Kalanick named two new directors [John Thain and Ursula Burns] without consulting the company's new leader [Dara Khosrowshahi] or other existing board members, ratcheting up a Machiavellian battle for control of the world's most valuable startup."
Benchmark, Uber's biggest shareholder, is suing Kalanick as a challenge to his legal authority regarding board seats. That litigation is now in arbitration.
This latest banana-republic development at the beleaguered company happens at a time when its major market-London-has locked it out. It is appealing the loss of its license to operate in London.
Governance experts will likely be writing case studies of the turmoil at Uber.
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