Top Uber executive quits after claims of sexual misconduct

Cameron Poetzscher said he was ‘rightfully disciplined’ after concerns raised in 2017

Cameron Poetzscher: resigned after a report on allegations of sexual misconduct. File photograph: Twitter

Cameron Poetzscher: resigned after a report on allegations of sexual misconduct. File photograph: Twitter

 

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

Uber chief financial officer Nelson Chai will take over Mr Poetzscher’s duties while the company looks for his replacement, an Uber spokeswoman said, without providing further details.

Mr Poetzscher, Uber’s head of corporate development, was disciplined last year after an inquiry found he had a pattern of making sexually suggestive comments about co-workers, the Wall Street Journal reported last month.

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

Several deals

Mr 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.

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

Mr Poetzscher did not reply to a LinkedIn message from Reuters seeking comment on his resignation.

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

Dara Khosrowshahi, who became chief executive last year, 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