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Travis Kalanick still owns majority of Uber's voting shares
short by Vani Vivek / on Thursday, 22 June, 2017
Uber Co-founder Travis Kalanick will remain on Uber's board and retain control of a majority of voting shares, despite having stepped down as CEO. Uber Founders Kalanick and Garrett Camp hold super-voting shares that give them 10 votes per share. Five Uber investors, who have combined voting rights worth 40%, demanded Kalanick's removal in a letter titled 'Moving Uber Forward'.
read more at Fortune