Investor group CtW called for the removal of John Thain from Uber's board and said the board's composition 'falls short of best practices.'
Investor group CtW demanded changes to Uber's board of directors ahead of the ride-hailing company's anticipated IPO.
CtW called for the removal of former Merrill Lynch executive John Thain from Uber's board, citing his "reputation of poor business judgement on financial matters." The group also said Uber's board members, including its chairman, should reduce their outside commitments.Investor group CtW demanded changes to Uber's board of directors ahead of the ride-hailing company'saddressed to Uber Chairman Ronald Sugar, CtW called for the removal of former Merrill Lynch executive John Thain from Uber's board, citing his "reputation of poor business judgement on financial matters.
CtW is a union-affiliated pension fund adviser with more than $250 billion in assets under management. The group
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