FILE PHOTO: Uber Technologies Inc. CEO Dara Khosrowshahi (2nd from R) and co-founder Ryan Graves (R) ring a bell on the trading floor of the New York Stock Exchange (NYSE) during the company’s IPO in New York, USA, 10 May 2019. REUTERS/Brendan McDermid/File Photo
SAN FRANCISCO (Reuters) – Uber’s first employee and one-time chief executive Ryan Graves retired from the board of directors, Uber said on Friday.
Dig-this week at the height of the company of his intention to resign from the board of directors, starting on Monday. Digging began at Uber in 2010 as the first employee and held for a short period of time as CEO to co-founder Theo Kalanick took that position. Graves is no longer employed by Uber, but remained on the board.
Uber held an initial public offering earlier this month, raising $8 billion; the stock is trading about 8% below the IPO price.
Reporting by Heather Somerville; Editing by Leslie Adler