Uber’s co-founder and former CEO Travis Kalanick has had a rough couple of months. Uber has been subject to a host of threats that have led to a small break in the company’s operations. Kalanick himself also faced accusations of sexual harassment which he later confessed to and publicly apologized for.
Uber, on the other hand, has experienced mass firings, resignations from numerous employees including executives, multiple intellectual property lawsuits, and many ongoing investigations, among other issues.
While Uber still continues to be profitable, a number of its users have lost faith in the company. Competitors such as Lyft are gaining a large share of the market and #DeleteUber campaigns are on the rise.
In an attempt to rise above this situation, Kalanick has hired high-profile CEO advisory firm Teneo to help him manage his own embattled interests, along with repairing his and the company’s reputation.
Teneo, which was founded by Declan Kelly, Doug Band, and Paul Keary, has close ties to Democratic power players like Bill and Hillary Clinton. They have branched out with a variety of services in 12 divisions and via a combination of hiring big-name “formers” (former British Prime Minister Tony Blair, former NYC top cop William Bratton).
According to reports, Kalanick decided to work with Teneo after talking to a number of advisory groups. He hopes to make a comeback at the company later and to have any chance at doing so will require a much-needed reputation repair.