June 14, 2017
David Bonderman is resigning his position as a board member after making a sexist remark at an Uber board meeting.
Bonderman, a partner at private equity firm TPG, is resigning today after making an ill-advised comment to board director Arianna Huffington, who is the lone female on the board.
Huffington, during a Tuesday meeting, announced Uber would be adding another woman to its board: Wan Ling Martello.
“There’s a lot of data that shows when there’s one woman on the board, it’s much more likely that there will be a second woman on the board,” she said.
David Bonderman responded by saying, “actually what it shows is it’s much likely to be more talking.”
“Oh, come on, David,” Huffington replied.
Twitter literally lit up with outraged tweets once a transcript of the meeting was leaked.
Then there were the tweets poking fun at Bonderman:
News of Bonderman’s resignation comes as Uber CEO Travis Kalanick officially takes a leave of absence. It is not known how long the leave of absence will be.
The board, according to Reuters, has discussed “the possibility that Kalanick might return in a role with less authority,” perhaps as a CEO with fewer responsibilities and more oversight or in a position other than the company’s chief executive.
Uber has had a troubled year, facing sexism allegations and issues with disgruntled drivers, not to mention being accused of stealing trade secrets from Alpahbet’s self-driving vehicle division, Waymo and being slapped with a $20 million fine by the FTC.
If that were not enough, Uber’s popularity took a hit over Kalanick’s involvement in President Donald Trump’s economic advisory council. Kalanick’s failure to immediately condemn an order signed by Trump back in January that suspended immigration to the United Sates from Muslim countries led to public outrage. A #DeleteUber campaign was started via social media and, although Kalanick did resign from the advisory council, it was not before losing some 200,000 customers.
Jennifer Cowan is the Managing Editor for SiteProNews.