قالب وردپرس درنا توس
Home / Business / Uber's top deal maker resigned after allegations of wrongdoing became known

Uber's top deal maker resigned after allegations of wrongdoing became known



Cameron Poetzscher, the top deal maker of Uber Technologies Inc., left the company, a loss less than a month ago after an article in the Wall Street Journal revealed allegations of sexual misconduct in the office [19659002]. Head of Corporate Development, Poetzscher, was a trusted advisor to Director-General Dara Khosrowshahi, overseeing Uber's largest businesses, including the $ 7.7 billion investment by

Softbank Group
Corp.


9984 -1.02%

and the sale of its Southeast Asian operations

The native Australian, who has previously worked at Goldman Sachs Group Inc., is a skilled negotiator known as Poetscher. He leaves a big hole for Uber, as it sees in an IPO in 201

9, that bankers have suggested estimating the startup at $ 120 billion.

Uber said on Monday that the resignation was effective immediately. Uber's new Chief Financial Officer, Nelson Chai, will take over Mr. Poetzscher's responsibility while the company seeks a replacement, a spokesman said. "We thank Cam for his 4 ½ years service to Uber," the spokesman said in a statement.

Mr. Poetzscher, 48 years old, could not be reached immediately, and his lawyer had no immediate statement.

The Wall Street Journal reported in September that Uber hired an outside law firm last year to investigate employee complaints about Mr. Poetzscher. The law firm found that he made sexual references to female colleagues and that he entered into a mutual affair with a colleague who violated company policy, people who were familiar with the matter said.

  A Uber spokesman confirmed Mr. Cameron Poetzscher's departure on Monday.

A Uber spokesman confirmed on Monday the departure of Mr. Cameron Poetzscher.


Photo:

Over

In November, Uber gave a formal warning to Mr. Poetzscher, reduced his annual bonus, and commissioned sensitivity tuition, according to the people. More than eight months later, Mr. Poetzscher was promoted to deputy chief financial officer and was under the authority of Mr. Khosrowshahi. Uber has since hired Mr. Chai, who then oversaw Mr. Poetzscher.

In a statement to the journal for this September article, Mr. Poetzscher said he was "lawfully disciplined" by Uber. "I deeply regret and learned from this mistake in the judgment, and I'm proud of how hard everyone at Uber works to make sure our company is a positive, respectful and inspiring workplace," he said at the time The panel, which was informed of the results of the law firm, argued that Mr Poetzscher should be recruited, according to the persons familiar with the case. The investigation was led by Perkins Coie LLP.

The company's decision to discipline the dismissal has examined Uber's leadership team for a number of complaints about inappropriate behavior by colleagues. Employees openly questioned Mr. Khosrowshahi about the company's leadership decisions.

For example, Uber has transferred to an outside law firm to investigate allegations that COO Barney Harford has made racially motivated comments. This, according to staff at a company-wide meeting in July, seemed to counter Uber's speedy response to similar allegations against human resources director Liane Hornsey, which was pushed out by a review by the magazine

. Hornsey said in an e-mail to the staff at the time that she had been thinking about leaving Uber "for a while," but she gave no specific reason for leaving and declined to sign up for the September article express. Mr. Harford, who is still being investigated, sent a letter of regret to his co-workers for his comments when the allegations came to light. He also did not respond to a request for comment.

Under Mr. Khosrowshahi, Uber has attempted to improve the company's internal culture and morale after a punitive time in which a charge of adamant sexual harassment by a former software engineer was a broad-based investigation, involving around 20 of its approximately 17,000 employees were dismissed.

"We take all complaints from employees seriously, as we did from 2017," Uber said in a statement at the time of the article in the journal, which referred to the investigation of Mr. Poetzscher's conduct. "It has been fully investigated by an outside lawyer, and the appropriate action has been taken as a result."

Write to Greg Bensinger at greg.bensinger@wsj.com


Source link