Kalanick attempted to name two new directors

Mike Isaac’s Super Pumped (p.388) reports that, in September 2017 (after being ousted as CEO), Travis Kalanick tried to stack the board with supporters. He relied on an amendment to Uber’s charter that allowed him to name two new directors. But at the same time, new investor SoftBank received six new directors.  With those new directors plus an end to Kalanick’s shares with ten-to-one preferred voting rights, Kalanick no longer had control.