Uber exodus continues with chief product officer Jeff Holden’s departure

(Reuters) — Uber Chief Product Officer Jeff Holden is leaving the ride-hailing firm, an Uber spokesman instructed Reuters on Thursday, the newest of greater than a dozen senior executives to depart since final 12 months.

Holden oversaw Uber Elevate, the corporate’s flying automobile operation, which is now headed by Eric Allison, the spokesman stated, however declined to elaborate on the rationale for his departure.

New Chief Executive Officer Dara Khosrowshahi has been shaking up the corporate since taking up Last August aiming to enhance Uber’s status after a string of scandals.

Uber, together with Lyft Inc, scrapped necessary arbitration to settle sexual harassment or assault claims earlier this week, giving victims a number of choices to pursue their claims together with public lawsuits.

Uber additionally launched a brand new app for its drivers final month, in an effort to enhance an typically contentious relationship.

Uber’s chief authorized officer, Salle Yoo, and head of exterior affairs Dave Clark left the corporate in September.

Uber can be looking for a chief monetary officer who may help take the corporate public in 2019. The CFO place has been vacant since 2015.

The Wall Street Journal earlier reported that Holden, who was employed by former Uber Chief Executive Officer Travis Kalanick from Groupon Inc (GRPN.O), instructed colleagues that Thursday was his final day with the corporate.

(Reporting by Kanishka Singh and Abinaya Vijayaraghavan in Bengaluru; Editing by Peter Cooney and Gopakumar Warrier)

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