Travis Kalanick wants to restore his Image and he’s Hired Teneo to Do It
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Travis Kalanick Wants to Restore his Image and he’s Hired Teneo to Do It

Travis Kalanick wants to restore his Image and he’s Hired Teneo to Do It

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.

Megha Shah
Megha Shah
A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!

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