Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

Uber’s board continues to bicker over its CEO choice as it gathers tomorrow in a continued selection effort

Will it be Jeff Immelt or some other dark-horse candidate? Or can HPE exec Meg Whitman be turned from a hard “No” to a “Yes, please”?

Former Uber CEO Travis Kalanick
Former Uber CEO Travis Kalanick
Can someone get Travis Kalanick a chill pill?
Steve Jennings/Getty Images for TechCrunch

Hewlett Packard Enterprise CEO Meg Whitman has tweeted firmly that she will not be Uber CEO. She has made definitive public statements — one of which includes a nifty country music reference — that she will not be Uber CEO. Those who have spoken to her about being Uber CEO all say that the longtime Silicon Valley tech exec has repeated a Shermanesque statement that she cannot imagine any significant change or offer that would convince her to run the place.

In addition, according to sources, Whitman will also not appear at a board meeting tomorrow where two other candidates — former GE head front-runner Jeff Immelt and only one another dark-horse candidate — will present their visions for the future of Uber in the final stretch of the leadership selection process.

Let me be clear: Whitman has not re-entered that process as yet, although she might. “There is an infinitesimal chance she would change her mind,” said one person with knowledge of the situation.

But that is not a full no, so never say never, right? Sure, maybe there is some deal possible to get her interested, except that Whitman is as close to never as it gets. Still, there is a chance.

Which is why are two factions of the board of Uber — which will meet tomorrow to try to pick a CEO by Labor Day — still incessantly leaking about and wrangling over the possibility of Whitman, with one side trying to thwart her unlikely return and the other hoping there is some scenario possible in which she would come back?

I’ll tell you why: Because the search to replace ousted CEO Travis Kalanick — who remains a director and will vote on the selection of his replacement — remains just as toxic and dysfunctional as the company has been run since its inception.

Which is to say, it is not focusing primarily on what’s good for Uber employees or the business or the future of what everyone agrees is a pretty terrific product. Instead, it has been captured by a nasty power struggle that largely pits Kalanick against one of his earliest investors, Benchmark.

In a really nutty nutshell, according to numerous sources: Benchmark’s side, which had supported Whitman strongly, thinks someone like Immelt will allow the controversial Kalanick to remain too powerful a figure; and Kalanick’s side felt that Whitman would be less tolerant about allowing him to fully participate in the company going forward and has therefore backed Immelt, who is seen as more open toward the pugnacious entrepreneur.

Meanwhile, the rest of the directors have been largely caught in the crossfire that is the result of the turgid distrust. That includes Arianna Huffington, whom some consider to be firmly on Kalanick’s side, even though she had previously been supportive of enticing Whitman to take the job and has pushed for a woman CEO. So too TPG’s David Trujillo, whom some have pegged a Benchmark ally, except that he has been open to Immelt and others.

The same back-and-forth has been true of Nestle’s Wan Ling Martello and Yasir Al Rumayyan of Saudi Arabia’s Public Investment Fund. One thing that appears clearer is that Kalanick appears to have lost the support of longtime allies and Uber pioneers Ryan Graves and perhaps Garrett Camp.

Confusing? Try being a reporter covering the CEO search process, which was being managed by Uber HR head Liane Hornsey and Heidrick & Struggles (I feel sorry for them too!).

I have been presented with business conspiracies in droves, including ones related to the ability to liquidate holdings (Benchmark allegedly wants to and Kalanick has blocked that always) and the impact of the deteriorating relationship between Kalanick and Benchmark’s Bill Gurley (hurt feelings all around, apparently, to which I say boo hoo hoo).

It’s all very Spy vs. Spy, except the high jinks are about whether everyone can get obscenely rich from a business that is about calling for a ride from an app. (And let’s keep in mind: All the people fighting here — however awful — are probably going to get really wealthy regardless of the CEO outcome.)

Still, even worse is that — unlike pretty much every single tech corporate succession story I have covered in two decades — there has also been the ongoing injection of more disturbing personal attacks into the mix, on both sides, which saw a bit of light in the unusually pointed allegations and counter allegations in the lawsuit between Benchmark and Kalanick.

I have largely ignored them from all sides, since they are mostly not even slightly relevant in my estimation, even if others think they are. Bracing debates over the future of Uber’s business is one thing, but personal mudslinging is another, even if it provides an eye-opening insight for me into just how dirty the situation there has gotten. But trust me when I tell you: You are lucky not to have to listen to a lot of it.

More to come, obviously.


This article originally appeared on Recode.net.

More in Technology

Podcasts
Are humanoid robots all hype?Are humanoid robots all hype?
Podcast
Podcasts

AI is making them better — but they’re not going to be doing your chores anytime soon.

By Avishay Artsy and Sean Rameswaram
Future Perfect
The old tech that could help stop the next airborne pandemicThe old tech that could help stop the next airborne pandemic
Future Perfect

Glycol vapors, explained.

By Shayna Korol
Future Perfect
Elon Musk could lose his case against OpenAI — and still get what he wantsElon Musk could lose his case against OpenAI — and still get what he wants
Future Perfect

It’s not about who wins. It’s about the dirty laundry you air along the way.

By Sara Herschander
Life
Why banning kids from AI isn’t the answerWhy banning kids from AI isn’t the answer
Life

What kids really need in the age of artificial intelligence.

By Anna North
Culture
Anthropic owes authors $1.5B for pirating work — but the claims process is a Kafkaesque messAnthropic owes authors $1.5B for pirating work — but the claims process is a Kafkaesque mess
Culture

“Your AI monster ate all our work. Now you’re trying to pay us off with this piece of garbage that doesn’t work.”

By Constance Grady
Future Perfect
Some deaf children are hearing again because of a new gene therapySome deaf children are hearing again because of a new gene therapy
Future Perfect

A medical field that almost died is quietly fixing one disease at a time.

By Bryan Walsh