Uber CEO Resigns from the Company.

Travis Kalanick has resigned as the chief executive of Uber, a company he co-founded and turned into a global tech giant. Kalanick co-founded Uber in 2009 and built it into the world’s most valuable startup company.

Kalanick already announced last week that he was going on an indefinite leave of absence following the death of his mother in a boating accident.

. In his words, Kalanick said:

“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Kalanick said in a statement late Tuesday, according to an Uber spokesperson.

Uber has been hit by a seemingly endless series of PR crises. Yet its model has spread around the globe, shaking up transportation industries across Asia, Europe and Latin America.

IMAGE BY: Getty.

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