Emil Michael has stepped down as chief business officer at Uber, as the result of a wide-ranging workplace investigation that was kicked off by allegations of sexual harassment and gender discrimination by a former Uber engineer. Michael was not named in those claims, but the investigation ― led by former U.S. Attorney General Eric Holder ― nonetheless determined that he should be removed.
Michael announced the news internally on Monday morning via an email, which added that current SVP of strategic initiatives David Richter will be promoted to SVP of business. Uber itself declined to comment.
Why it matters: Michael has been Uber's second-most powerful executive behind CEO Travis Kalanick, and also is largely credited with much of its fundraising prowess.