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Tuesday, October 23, 2018

Cameron Poetzscher at Uber resigned after Sexual Misconduct Claims

Bengaluru — Cameron Poetzscher, who oversaw a string of high-profile deals at Uber, has resigned, weeks after a report on allegations of sexual misconduct against him at the ride-hailing firm.

Uber CFO Nelson Chai will take over
Poetzscher's duties while the company looks for his replacement, an Uber spokesperson said, without providing further details.

Poetzscher, Uber's head of corporate development, was disciplined in 2017 after a probe found he had a pattern of making sexually suggestive comments about co-workers, it was reported in September.

"After some concerns were raised in 2017, an outside law firm conducted a confidential review and I was rightfully disciplined," Poetzscher said in a statement at the time.

Poetzscher, a former mergers and acquisitions executive at Goldman Sachs, oversaw several deals at Uber including its merger with the ride-hailing unit of Russia's Yandex and the sale of its Southeast Asian business to Singapore's Grab.

Poetzscher also led Uber's funding deals with Japan's SoftBank  and Coatue Management, according to his LinkedIn profile.

Uber has been accused of having a toxic work culture. The company has also seen a series of executive departures over the past year.

Dara Khosrowshahi, who became CEO in 2017, has pledged to make a clean break with Uber's past practices, which have also resulted in a litany of regulatory problems and driver and consumer scandals. 

Reuters

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