<story><title>Uber president Jeff Jones is quitting</title><url>http://www.recode.net/2017/3/19/14976110/uber-president-jeff-jones-quits-management-turmoil-ride-hailing-company?utm_campaign=www.recode.net&amp;utm_content=entry&amp;utm_medium=social&amp;utm_source=twitter</url></story><parent_chain><item><author>loudin</author><text>Serious question - why hasn&amp;#x27;t the Uber board replaced Kalanick yet? While it is indisputable he successfully brought Uber to where it is now, it doesn&amp;#x27;t seem like he has the good judgement to be leading Uber at this stage of the company&amp;#x27;s lifecycle. Wouldn&amp;#x27;t the best thing for the company at this point be a complete overhaul of leadership?</text></item></parent_chain><comment><author>dhruvrrp</author><text>Because kalanick and early investor control the class B stocks, which means they control the voting power. Additionally kalanick has been outspoken about running uber himself so its unlikely that he&amp;#x27;ll step down.</text></comment>
<story><title>Uber president Jeff Jones is quitting</title><url>http://www.recode.net/2017/3/19/14976110/uber-president-jeff-jones-quits-management-turmoil-ride-hailing-company?utm_campaign=www.recode.net&amp;utm_content=entry&amp;utm_medium=social&amp;utm_source=twitter</url></story><parent_chain><item><author>loudin</author><text>Serious question - why hasn&amp;#x27;t the Uber board replaced Kalanick yet? While it is indisputable he successfully brought Uber to where it is now, it doesn&amp;#x27;t seem like he has the good judgement to be leading Uber at this stage of the company&amp;#x27;s lifecycle. Wouldn&amp;#x27;t the best thing for the company at this point be a complete overhaul of leadership?</text></item></parent_chain><comment><author>prostoalex</author><text>Because the boards act in structural manner, rather than by spur of emotion.&lt;p&gt;The new CEO will most likely get some key performance objectives related to current problems as well as revenue (or margin) growth.&lt;p&gt;If there&amp;#x27;s a reason to believe TK can commit and be evaluated against the same indicators, the incumbent CEO is a better choice since no time is wasted on onboarding and getting familiar with the business. If he refuses to commit or commits and is then unable to execute, now &lt;i&gt;that&lt;/i&gt; stipulates a much more productive board discussion on how the current CEO should step away to let a &amp;quot;more mature&amp;quot; or &amp;quot;more tenured&amp;quot; CEO that can execute against those objectives.&lt;p&gt;So if any resignation is imminent, expect it in 3-6 months, not now.</text></comment>