Uber's first CEO steps down

Uber's first CEO steps down

Ryan Graves, one of Uber's first employees and most recently the downtrodden ride hailing service's SVP of global operations, is stepping down from his position to focus on his role on Uber's board of directors, CNBC reported.

Graves said in an email to employees that he will stay on as director of Uber's board. "So I will do everything in my power to deliver on those goals for the benefit of our organization and the millions of people - riders, drivers, eaters and couriers - and their communities that Uber serves every day".

Ryan Graves told staff in an email Thursday that he will transition out of his role as senior vice president of global operations in mid-September.

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Graves was Uber's first hire a little more than seven years ago.

Graves will not be going to another company, according to sources familiar with the matter. The company is looking for a new chief executive after Kalanick was pressured to step down, and Graves said that he preferred to make his own move before the new leader was chosen. Uber has had no COO for years, which has left Graves to take on much of the workload that the C-suite exec would normally handle. Mr. Graves was briefly Uber's chief executive in its early days before handing the reins to Mr. The company also is without a chief operating officer, chief marketing officer and general counsel. He announced his departure in an email sent to the company.

This article was originally published at 10:15 a.m.

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