Jun 13, 2017

Key excerpts from leaked audio of Uber's all-hands meeting

Eric Risberg/AP

Yahoo Finance obtained leaked audio from Uber's all-hands meeting today, with topics ranging from CEO Travis Kalanick's newly-announced leave of absence to changes in the company's values.

Board member David Bonderman has issued an apology to the board and all Uber employees for the following exchange with Ariana Huffington, also a member of the board:

Huffington: "There's a lot of data that shows when there's a woman on the board it's much more likely that there will be a second woman on the board."

Bonderman: "Actually, what it shows is that it's much more likely to be more talking."

Huffington: "Oh, come on, David."

Other comments from the meeting

Huffington:

"Let us all address the elephant in the room — where is Travis?"

"The War Room is no more. It has been renamed the Peace Room."

"We need to judge ourselves going forward, from today on what we're doing right now, on the actions we are taking."

Bonderman:

"The company has been run as though it was a small start up... but now it's not. It has to have training programs, it has to have appropriate governance and oversight. All of these are contained in the committee recommendations."

"You're going to read negative things in the press. We can overcome it all."

Bill Gurley, board member:

"We have to self police and help everyone understand that we need to be doing things we're proud of at all times"

Angela Padilla, member of Uber's legal team:

"We understood that Susan's [blog] post described not just specific facts... but also a broader company culture of certain kinds of toxic behavior."

Liane Hornsey, Uber's HR chief:

"There will not be 14 values on how individuals behave. There will be values on how we behave collectively as an Uber team."

"We will introduce part-time working for those who want it."

"We have to have a diversity advisory board...so we can get very, very serious here."

"We are all accountable to each other because of what we've just been through."

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