Troubled ride-sharing service Uber lost its president, a former executive from Target Corp. (NYSE: TGT). Jeff Jones has quit, according to Reuters.
He made the following statement, according to Reuters:
“I joined Uber because of its mission, and the challenge to build global capabilities that would help the company mature and thrive long term,” Jones said.
“It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber, and I can no longer continue as president of the ride sharing business,” he added. Jones wished the “thousands of amazing people at the company” well.
Uber has been rocked by accusations of favoritism by employees and disputes with drivers.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.