Uber & # 39; s first employee resigns from the company's board of directors just two weeks after the IPO made him a billion
- Ryan Graves has reported to Uber on Thursday that he is leaving the board, according to a SEC declaration on Friday
- The 36-year-old became the first Uber employee in 2010 after responding to a tweet from Uber co-founder Travis Kalanick about a job
- Graves served as Uber & # 39; s Senior Vice President of Operations from December 2010 until he resigned as an employee in September 2017
- He continued to find Saltwater Capital LLC in January 2018
- Uber went public on May 10 with a valuation of around $ 75.5 billion
- Graves owns 31.9 million shares in Uber shares and is estimated to be worth $ 1.4 billion according to Forbes
Former Uber executive Ryan Graves reported the company on Thursday that he is resigning from his board of directors, according to an SEC filed Friday
Uber's first employee, once the company's CEO, stepped down from the board of directors shortly after the IPO made him a billionaire.
Ryan Graves, 36, who stopped working for Uber in 2017, but was still a shareholder and, on the board, informed the company of his plans on Thursday, according to SEC records reported on Friday.
The petitioner found that the reason for the dismissal of Graves & # 39; was not the result of any disagreement & # 39; between him and the company or his board of directors.
Ron Sugar, the independent chairman of Uber's board, said he accepted Graves's resignation and thanked him for his & # 39; contributions to the success of Uber & # 39 ;, Fox Business.
He also mentioned Graves & # 39; one of the most important people who contributed to the formation of Uber in the company it is today. & # 39;
In less than nine years with Uber, Graves' net assets have risen to an estimated $ 1.4 billion.
It all started with a tweet for the econ major of the University of Miami, which responded on January 5, 2010 to an online question from Uber executive Travis Kalanick about a job at the then young company.
& # 39; Funny story about how we brought him in & # 39 ;, Kalanick wrote in December 2010 blog post. & # 39; I hit Craigslist, Twitter and other channels looking for the right candidate. The result was the job site of Awesomest (sic) that I have seen. & # 39;
At the time, Graves worked as an IT program leader at General Electric.
& # 39; Looking for 4 entrepreneurial products mgr / biz-dev killer 4 a location-based service … pre-launch, BIG equity, big peeps involved – ANY TIPS ?? & # 39; Kalanick posted a tweet in 2010.
& # 39; @KonaTbone gives a tip. email me 🙂 graves.ryan (at) gmail.com, & Graves replied.
Graves briefly served as Uber & # 39; s CEO before becoming Senior Vice President of Operations in December 2010 after Kalanick took over the leadership role of the company.
Kalanick was forced to step down as the leader of the company in June 2017 after a major sexual harassment scandal.
Graves stopped working as an Uber employee in September 2017 while remaining on the board of directors.
He set up his own asset manager, Saltwater Capital LLC, in January 2018.
Graves owns 31.9 million shares in Uber shares.
When the company became public with its IPO on 10 May, he became a billionaire.
His term of office on the board of the rideshare market leader officially ends on Monday.
Graves, 36, became the first Uber employee in 2010 after responding to a tweet from Uber co-founder and former CEO Travis Kalanick about a job
Kalanick previously called his Twitter back and forth with Graves & # 39; the best vacancy and response I've ever seen & # 39;
Kalanick (photo) took over as CEO of Uber until he was forced to resign in June 2017 after a sexual harassment scandal
Graves stopped working as an Uber employee in September 2017 while remaining on the board of directors. He set up his own asset manager, Saltwater Capital LLC, in January 2018
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