Jul 27, 2017

How the Uber board breaks down on Meg Whitman

Lazaro Gamio / Axios

Uber's board of directors is expected to meet tonight, in order to discuss both its vacant CEO position and a possible investment from Japan's SoftBank Group. Axios and others have reported that current Hewlett-Packard Enterprise CEO Meg Whitman is a leading candidate for the top spot, but she is not yet the consensus pick. Here's how the Uber board breaks down, per multiple sources:

In favor of Whitman:
  • Matt Cohler: His venture capital firm, Benchmark, has institutional history with Whitman, going back to her days running eBay.
  • David Trujillo: His private equity firm, TPG Capital, also has ties to Whitman. For example, former managing partner Dick Boyce was Whitman's finance co-chair during her failed gubernatorial bid in California. TPG also took a look last year at buying HP Enterprise's software business.
  • Ryan Graves: The early Uber employee has known Whitman for several years, sometimes calling on her for business mentorship.
  • Garrett Camp: Uber's founder and chairman (for now) sold his prior startup, StumbleUpon, to eBay while Whitman was still CEO. He also sided with the other three in the June move to push out Travis Kalanick as CEO.
Not in favor of Whitman (at least for now):
  • Travis Kalanick: The reasons for Kalanick's opposition differ depending on who you speak with, although everyone agrees he's not yet aboard the Meg train. One explanation is that he doesn't view her as having enough look-ahead ruthlessness, arguing that eBay fell behind Google and Amazon during her time at the helm. Another is that Kalanick still wants to eventually have some sort of operational role at Uber, and isn't sure if CEO Whitman would be best to open that path (at least compared to some of the other candidates). Finally, there is a pretty human factor at play: The people pushing Whitman are the same people who forced Kalanick to resign.
  • Arianna Huffington: This is largely about sticking by Kalanick, although she did ultimately side with other directors last month that he should resign. She is much more on the fence than he is.
Unclear:
  • Wan Ling Martello, a Nestle exec who only joined the board last month.
  • Yasir Al Rumayyan of Saudi Arabia's Public Investment Fund.

Complication: Whitman's name getting leaked could put more pressure on Uber's board to make a quick decision, given that she continues to be CEO of a different, publicly-traded company.

Go deeper

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 a.m. ET: 664,695 — Total deaths: 30,847 — Total recoveries: 140,156.
  2. U.S.: Leads the world in cases. Total confirmed cases as of 1 a.m. ET: 124,464 — Total deaths: 2,191 — Total recoveries: 1,095.
  3. Federal government latest: President Trump announces new travel advisories for New York, New Jersey and Connecticut, but rules out quarantine enforcement. Per the CDC, residents of those states must now "refrain from non-essential domestic travel for 14 days," with the exception of critical infrastructure industry workers.
  4. State updates: Alaska is latest state to issue a stay-at-home order — New York is trying to nearly triple its hospital capacity in less than a month and has moved its presidential primary to June 23. Some Midwestern swing voters who backed Trump's handling of the virus less than two weeks ago are balking at his call for the U.S. to be "opened up" by Easter.
  5. World updates: In Spain, over 1,400 people were confirmed dead between Thursday to Saturday.
  6. 🚀 Space updates: OneWeb filed for bankruptcy amid the novel coronavirus pandemic.
  7. Hollywood: Tom Hanks and Rita Wilson have returned to U.S. after being treated for coronavirus.
  8. What should I do? Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk
  9. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Coronavirus updates: Global death toll tops 30,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The novel coronavirus has now killed more than 30,000 people around the world — with Italy reporting over 10,000 deaths, per Johns Hopkins data.

The big picture: The number of deaths from COVID-19 in the U.S. surpassed 2,000 on Saturday. The United States leads the world in confirmed coronavirus infections — more than 124,000 by late Saturday. The number of those recovered from the virus in the U.S. passed the 1,000-mark on Saturday evening.

Go deeperArrowUpdated 3 hours ago - Health

Trump rules out quarantine in New York, New Jersey, Connecticut after pushback

President Trump on the White House grounds on Saturdya. Photo: Sarah Silbiger/Getty Images

President Trump tweeted Saturday night that he's decided not to introduce quarantine enforcement measures fo New York, New Jersey and parts of Connecticut, but a "strong" travel advisory will be issued for those states. The CDC later announced domestic travel restrictions for the states.

Why it matters: Trump said hours earlier he was considering quarantine measures to combat the rise in novel coronavirus cases. But he received pushback, notably from New York Gov. Andrew Cuomo (D), who told CNN such a measure would cause "chaos." "This would be a federal declaration of war on states," Cuomo added.

Go deeperArrowUpdated 5 hours ago - Health