FIRST AIRED: June 14, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 4

×

Transcript

00:00:02
>> A member of Uber's board of directors resigned after he made a sexist joke. The punchline? He did so at a staff meeting about how the ride-hailing service could rid its culture of sexual harassment and discrimination. David Bonderman, on Tuesday, saying he'd stepped down from the board because of a comment widely seen as offensive to women.
00:00:20
It came after fellow board member Arianna Huffington spoke to staff about the importance of adding more women to the board of directors. There's a lot of data that shows that when there's one woman on the board, it's much more likely that there will be a second woman on the board, Huffington said.
00:00:34
Bonderman replied, actually what it shows is that it's much more likely to be more talking. The comment surfaced after a recording of the meeting was published by Yahoo. An Uber representative verified the recording is authentic. The ill-timed remark coming as Uber continues to get clobbered by negative headline after negative headline.
00:00:51
And the same day CEO Travis Kalanick announced he will take a leave of absence for an undetermined amount of time. Kalanick says he's taking the time off to deal with the unexpected death of his mother. Reuters correspondent Heather Somerville.>> A CEO departure is a fairly rare thing at a startup, so it's unclear when Kalanick will come back, if he'll come back, and really under what terms.
00:01:14
There is still certainly some speculation that Kalanick may not actually come back and that this temporary leave is in fact a permanent one.>> His temporary exit comes at a crucial time after the ride-hailing app's meteoric rise. Several high profile executives have left. Drivers are upset over pricing.
00:01:31
And then there's the sexual harassment claims that forced the company to fire 20 employees.