Uber's dealmaking chief Poetzscher resigns

Cameron Poetzscher, who oversaw a string of high-profile deals at Uber Technologies Inc [UBER.UL], 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 Poetzscher`s duties while the company looks for his replacement, an Uber spokeswoman said, without providing further details.

Poetzscher, Uber`s head of corporate development, was disciplined last year after a probe found he had a pattern of making sexually suggestive comments about co-workers, the Wall Street Journal reported https://reut.rs/2CZM7hk last month.

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

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.

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

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 CEO 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.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

TAGS:

Economy