Uber’s new CEO says the company is in ‘full control’
Uber CEO Travis Kalanick says the new chief executive has “full control” of the company and the board of directors.
In an interview with Bloomberg on Thursday, Kalanicks chief technology officer Andrew Eloff said the board has decided to move ahead with the company’s acquisition of competitor Lyft, and that Uber is now “in full control of the board.”
“We are in full control,” Eloff told Bloomberg.
“We are not going to be controlled by any board member or executive officer.
It’s a full board.”
The acquisition will see Uber add 3,000 workers in California, New York, Washington, and Chicago.
Eloff added that the company would “continue to be focused on driving more revenue and better service.”
Uber, meanwhile, is expected to raise $5 billion in financing this year, a significant sum considering the company has lost more than $40 billion in market value in recent years.
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