UBER’s Chief Know-how Officer Steps Down After Brief Stint

Uber Applied sciences’ UBER chief expertise officer, Sukumar Rathnam, has resigned after a brief stint with the corporate, in accordance with experiences.

Rathnam joined Uber final September, changing Thuan Pham, who served the corporate for seven years. Beforehand, Rathnam served because the vp of Amazon.com AMZN. Previous to that, he labored at Microsoft and Oracle. Whereas Uber carries a Zacks Rank #3 (Maintain), Amazon.com carries a Zacks Rank #4 (Promote).

To assist with the transition, Rathnam will stick with Uber for a number of extra weeks earlier than departing subsequent month, in accordance with an electronic mail he despatched t his workforce, which was seen by Bloomberg. An Uber spokesman stated that the corporate doesn’t have any plans to interchange Rathnam as of now.

The rationale behind Rathnam’s resignation is unclear. He’s but to answer a request for remark. Uber’s eight engineering leads will now report on to the corporate’s CEO, Dara Khosrowshahi.

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In response to the Bloomberg report, in an electronic mail to workers, Khosrowshahi stated, “Sukumar is an unbelievable expertise, and I’m grateful for his management and all the pieces he has performed for Uber over the past yr.”

Uber has these days been embroiled in points pertaining to driver classification. In a significant blow to its working construction in California, final month, a California courtroom dominated that Proposition 22 (Prop 22), a poll initiative which allowed the corporate to retain the impartial contractor standing for its drivers, was unconstitutional.

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