(The following press release from Jimmy Asci, a spokesman for Travis Kalanick, was received by e-mail. The sender verified the statement.) Travis Kalanick Announces Appointment of Ursula Burns and John Thain to Uber Board of Directors Statement by Travis Kalanick, co-founder and Board member, Uber: I am happy to announce that Ursula Burns and John Thain have agreed to join Uber’s Board of Directors. Until earlier this year, Ursula was Chairman and CEO of Xerox, while John was formerly CEO of CIT Group, Merrill Lynch, and NYSE. Ursula and John are two highly accomplished corporate leaders with extensive board experience. Their backgrounds include successfully leading large public companies as chief executives and chairs, navigating dynamic, technology-powered and regulated industries, and guiding tens of thousands of employees around the world. Both Ursula and John have engineering degrees and are incredibly talented and proven problem solvers. There is no doubt the Board will be well-served by their valuable insights, counsel and independent perspective as Uber moves into the next phase of growth and prepares for a public offering. I am grateful for their enthusiastic support of Uber. I am appointing these seats now in light of a recent Board proposal to dramatically restructure the Board and significantly alter the company’s voting rights. It is therefore essential that the full Board be in place for proper deliberation to occur, especially with such experienced board members as Ursula and John. I am confident that, with their additions and Dara’s appointment, Uber will be well situated to focus on the future and continue to revolutionize how cities move. Additional biographical information on Ursula Burns & John Thain: Ursula Burns Ursula Burns served Xerox Corporation as Chairman of the Board from 2010 to 2017, and as Chief Executive Officer from 2009 to 2016. Throughout her tenure as CEO, Ursula helped transform the company from a global leader in document technology to the world’s most diversified business services company. She led the largest acquisition in the company’s history in 2009, and in 2016, Xerox’s successful separation into two independent, publicly traded companies. Ursula currently serves on the board of directors of American Express, Exxon Mobil, Nestlé, and Datto, and counsels several other community, educational and non-profit organizations. President Obama appointed Ursula to help lead the White House national program on Science, Technology, Engineering and Math (STEM) from 2009-2016, and she served as chair of the President’s Export Council from 2015-2016, after service as vice chair from 2010-2015. Ursula has a master’s degree in mechanical engineering from Columbia University and a bachelor’s in mechanical engineering from Polytechnic Institute of New York University. John A. Thain John Thain has held numerous leadership positions at some of the world’s largest and most well-known financial institutions over the course of his 30-year career, including most recently as Chairman and Chief Executive Officer of CIT Group Inc. from 2010 to 2016. He previously served as Chairman and CEO of Merrill Lynch in the lead up to its $50 billion sale to Bank of America in September 2008, as well as CEO of the New York Stock Exchange from 2005 to 2007, during which time he led the exchange through its initial public offering. John was previously President of Goldman Sachs from 1999 to 2004, having joined the firm in 1979. John is a member of the MIT Corporation, a member of MIT's Executive Committee and on the Board of MITIMCo, which oversees MIT's endowment. John is on the Board of Managers of the New York Botanical Garden, is a trustee of New York-Presbyterian and is a member of the Board of Directors of Lincoln Center. John received his MBA from Harvard University and his bachelor’s in electrical engineering from the Massachusetts Institute of Technology.
UBER'S TRAVIS KALANICK NAMES URSULA BURNS, JOHN THAIN TO BOARD
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