Article 3KJZN Ex-Uber boss was paid $4m by investor that acquired 17.5% stake

Ex-Uber boss was paid $4m by investor that acquired 17.5% stake

by
Simon Goodley
from Technology | The Guardian on (#3KJZN)

Emil Michael was hired by SoftBank as it invested in Uber following crisis over sexual harassment allegations

A controversial former Uber boss, who was one of the ride-hailing service's most senior executives when it was engulfed in crisis last year, was paid $4m (2.8m) in consultancy fees by the venture capital firm brought in to revive the company's fortunes.

Emil Michael received the payment for advice given to the technology investor SoftBank as it acquired a 17.5% stake in Uber at the turn of the year.

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