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Uber co-founder Travis Kalanick severing ties with the company he once led

Uber co-founder Travis Kalanick will resign from the company's board of directors at the end of this year, marking a final exit for the tech entrepreneur who helped launch the ride share start up 10 years ago and grew it into a Silicon Valley giant.

Former Uber CEO Travis Kalanick leaves federal court in San Francisco in 2018. He will resign from the company's board next week, effectively severing ties with the company he co-founded a decade ago.
Former Uber CEO Travis Kalanick leaves federal court in San Francisco in 2018. He will resign from the company's board next week, effectively severing ties with the company he co-founded a decade ago.Read moreJeff Chiu / AP

Uber co-founder Travis Kalanick will resign from the company's board of directors at the end of this year, marking a final exit for the tech entrepreneur who helped launch the ride share start up 10 years ago and grew it into a Silicon Valley giant.

On Tuesday, Uber said Kalanick would leave the board "to focus on his new business and philanthropic endeavors," though it did not cite specifics. Kalanick resigned as the company's chief executive in 2017 after several chaotic months that ended in a shareholder revolt. That resignation also came in the wake of a series of scandals tied to Uber's workplace culture.

“Uber has been a part of my life for the past 10 years,” Kalanick said in a statement. “At the close of the decade, and with the company now public, it seems like the right moment for me to focus on my current business and philanthropic pursuits.”