NEW YORK (AP) — Uber’s CEO is barring his predecessor from taking part in the opening-bell ceremony at the New York Stock Exchange next week, when the ride-sharing company is expected to make its hotly anticipated stock market debut.
In a report published Friday, the New York Times cites unnamed sources who say Uber CEO Dara Khosrowshahi (kahs-row-SHAH’-hee) has decided that Travis Kalanick is not welcome to share the exchange’s balcony when Uber begins trading as a public company next Friday.
Kalanick co-founded Uber and was CEO until his ouster in 2017 following a series of damaging revelations that sullied the company’s reputation among consumers.
The Times’ report says Kalanick asked to take part in the ringing of the opening bell at the NYSE but Khosrowshahi refused.
© Copyright 2019 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed