Wednesday, November 6

Tag: SVP

Uber CEO Kalanick Likely to Take Leave, SVP Michael Out
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Uber CEO Kalanick Likely to Take Leave, SVP Michael Out

Uber Technologies Inc Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, but no final decision has yet been made, according to a source familiar with the outcome of a Sunday board meeting. Emil Michael, senior vice president and a close Kalanick ally, has left the company, the source said. At the Sunday meeting, the company's board adopted a series of recommendations from the law firm of former U.S Attorney General Eric Holder following a sprawling, multi-month investigation into Uber's culture and practices, according to a board representative. Uber will tell employees about the recommendations on Tuesday, said the representative, who declined to be identified. The company is also adding a new independent director, Nest...
Amazon India Head Amit Agarwal Promoted as SVP
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Amazon India Head Amit Agarwal Promoted as SVP

Amazon India head Amit Agarwal has been elevated to the post of Senior Vice President, Amazon. The company confirmed the development in an emailed statement. "This indicates how excited Amazon is about the progress the company is making in India and the opportunity Amazon sees ahead," it added. The promotion comes within a year of Agarwals inclusion in a senior leadership team that reports directly to Amazon CEO and President Jeff Bezos. Agarwal will continue to head the India operations. Amazon, which has committed investments to the tune of USD 5 billion, remains one of the fastest growing for the US-based e-tailer. The company faces intense competition in India from local player, Flipkart. The competition is further heating up as Chinese e-tailer Alibaba gears up for a stron...